Tag page - illicit tobacco trade

Smuggled cigarettes and raw tobacco materials worth ₱3.3 billion were confiscated by the Bureau of Customs (BOC) in Agusan del Norte province during a major operation aimed at curbing illicit trade that has been eroding government revenues in recent years. The seizure, involving 54 container...

With losses from illicit trade reaching nearly $2 billion annually, the local tobacco industry is calling for the creation of a composite strike force to ensure the imprisonment of offenders and deter the continued rise in illicit activity. On the sidelines of a Financial Times event which focused...

The Senate Committee on Ways and Means on Monday, May 19 expressed firm belief that reducing taxes is not the solution to help curb illicit tobacco trade but that strengthening enforcement against such activities is still the best course.   Sen. Sherwin Gatchalian, chairman of the ways and means...