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Philippine Army, BOC seize 6,000 sacks of smuggled rice

MANILA: The joint forces of the Bureau of Customs (BOC) and the Philippine Army seized 6,000 sacks of smuggled rice from a private port in Tungawan, Zamboanga, Sibugay. According to the Information Office of the BOC, the sacks of rice were inside M/L Tawi Tawi Princess. Each sack contains 25 kilos of rice. Authorities believed that the rice came from ... Read More »

Philippines Customs expands smuggling probe to local officials, journalists

ZAMBONGA: The Bureau of Custom (BOC) has included the entire local officials from neighboring areas and journalists in its investigation of disappearance of more than 845 sacks of smuggled Malaysian sugar last week. Deputy Customs Commissioner Jessie Dellosa told reporters here on Tuesday that smuggling here involved “many personalities.” He admitted that those behind smuggling included customs people. “They are ... Read More »

Philippines Customs collects P739.33m in 2014, new policies set to meet target in 2015

MANILA: Philippines Bureau of Custom (BOC) collected P739.33 million representing proceeds from auctions of seized shipments of mostly smuggled rice in 2014 and also set new policies to meet the target in 2015. At a news conference late last month, Customs Commissioner John Phillip P. Sevilla reviewed the Bureau of Custom’s (BOC) performance in 2014, noting, in particular, that the ... Read More »

Philippines bureau targets P1.7 trillion revenue this year

MANILA: Philippines Bureau of Internal Revenue achieved its revenue target of P1.7 trillion and identified 27 priority programs this year. The BIR missed last year’s collection goal of P1.45 trillion, which was based on the assumption that the economy would grow by 6.5 to 7.5 percent. Gross domestic product grew by only 5.8 percent in the nine months to September ... Read More »

Philippines Customs orders re-export of empty containers within 90 days

MANILA: Customs commissioner John Philip Sevilla’s ultimatum for re-exporting of empty foreign containers has been trimmed to 90 days from 150 days. “Any empty container which is re-exported on or before 30 April 2015, regardless of when it arrived in the Philippines, will not be subject to any duties or taxes previously mandated by CAO 2-97,” the order noted. Charo ... Read More »

World Bank urges Philippines to lower top marginal income tax rate to 25%

MANILA: World Bank has suggested that Philippines should lower the top marginal income tax rate to 25 percent that simplify the tax system for micro and small enterprises. The World Bank has said that tackling poverty in the Philippines will require revenue-raising tax reforms to fund infrastructure, health, and education investment. A new report from the World Bank recommends that ... Read More »

Philippines Customs blacklists 43 freight forwarders over complaints

MANILA:  Philippines Customs the Department of Trade and Industry (DTI) announced that it has blacklisted 43 freight forwarders over complaints from shippers and consignees for non-delivery of balikbayan boxes. Customs Commissioner John P. Sevilla (middle), Trade Undersecretary Victorio Dimagiba (left) and BOC Division Chief Athena Dans inspect balikbayan boxes that are awaiting clearance and release at the Manila International Container ... Read More »

Philippines Customs orders to investigate smuggled 1,171 sack of sugar

ZAMBOANGA: Philippines Customs Commissioner Jhon Phillip Seville issued orders to investigate the missing of more than half of the 1,171 sacks of smuggled Malaysian sugar, which were seized by police and the Philippine Coast Guard. Customs Deputy Commissioner for the Intelligence Group Jessie Dellosa is leaving for the southwestern Mindanao city Tuesday along with a team of BOC investigators to ... Read More »

Philippines Customs accused in missing sugar sacks case

ZAMBOANGA CITY: The more than half of the 1,171 sacks of Malaysian sugar, which were seized by police and the Philippine Coast Guard have disappeared. Isabelle Climaco-Salazar was informed that more than half of the Salazar rushed to the Bureau of Customs (BOC) office here and confronted district collector Miguel Saquisami after being told that the BOC has in its ... Read More »

Philippines Port Authority urged to sell Brooklyn marine terminals to contain deficits to $107 million

MANILA: The port authority should unload and sell two cash-losing Brooklyn marine terminals to ceil deficits to $107 million in 2029. Selling the Red Hook Container Terminal and the Brooklyn-Port Authority Marine Terminal to a housing developer in the gentrifying borough would generate cash to help stem the losses, according to a report released today by the Citizens Budget Commission. ... Read More »

Philippines imports 50.94m per barrels of petroleum products, shows 6.17% growth in 2014

MANILA: The Philippines imported a total of 50.94 million barrels of petroleum products, showing 6.17% growth in 2014. Data from the Energy department showed that net imports the difference between the country’s oil imports and exports edged up by 2.98% to $9.68 billion in the period from $9.4 billion a year earlier. Melita V. Obillo, chief of the agency’s Oil ... Read More »

Philippine’s BOC policy not smooth for trade, PCCI opposed

MANILA: The Philippine Chamber of Commerce and Industry is seeking the repeal a new Bureau of Customs (BOC) policy which, it said, would not only hamper trade facilitation and dampen the competitiveness of local exporters, but could also further increase the cost of doing business in the country. The country’s largest business organization was referring to the new BOC policy ... Read More »

Philippines authorities seize illicit cocaine, nab Mexican smuggler

MAKATI CITY: Philippine National Police Anti-Illegal Drugs Special Operation Task Force and Philippine Drug Enforcement Agency have seized 2.5 kg of cocaine worth of P6 million and nabbed a Mexican smuggler in a sting operation here the other day. The operation was conducted shortly after 2 p.m. in front of a restaurant near a hotel along Makati Avenue, officials told ... Read More »

Over 1000 Ecstasy pills seized at Philippine’s post office

PHILIPPINE: A mailed parcel at  Paranaque Post Office containing 1, 010 tablets of ethylene dioxide methamphetamine or MDMA, known as “Ecstasy” worth P1.5 million was seized by Bureau of Customs staff in Philippine. The parcel was tipped as containing contraband was mailed by a certain J. Vermolen from the Netherlands on December 9, 2014 to a certain Martin Sean S. Duenas ... Read More »

P18.9b infrastructure project: Philippine aims at developing Mindanao sea port

MANILA: Philippine the bidding parameters of a public-private partnership project (PPP) that would modernize Mindanao’s busiest international seaport are expected to be out Transportation Secretary Joseph Emilio Abaya said. The Department of Transportation and Communications (DOTC) is the main implementing agency of the P18.99-billion ($421.44 million*) infrastructure project. The port, also known as the Sasa wharf, is being groomed to ... Read More »

Philippines: No contact policy imposed on VIPs involved in smuggling

MANILA: After his agents and security personnel were apparently outsmarted by the Bilibid VIPs or “very important prisoners,” who were able to smuggle hefty amounts of cash and communication gadgets when moved last month from the national penitentiary, the chief of the National Bureau of Investigation issued new guidelines to further isolate the moneyed, well-connected inmates. NBI director Virgilio Mendez ... Read More »

Philippines Customs arrests 14 persons, seizes over 1000 sugar sacks

MANILA: Philippines Authorities arrested 14 persons and seized more than 1,000 sacks of sugar in Zamboanga City, foiling an attempt to smuggle the commodity into the country. Inspector Dahlan Tidal Sammudin, spokesman of the Western Mindanao police officer, reported to Camp Crame said the eight crewmen of the M/L Ylaiza Maye V and six laborers were arrested after they failed ... Read More »

Philippines police seize contraband narra logs worth P131,000

SOLSONA: Philippines police have seized 1,384 board feet of illicit narra logs worth more than P131,000 in Santa Ana village here the other day. Tipped by a concerned citizen through a text message, local authorities led by Police Senior Inspector Leonardo Tolentino and town mayor Jonathan de Lara immediately proceeded to the area at about 1 p.m. Monday and discovered ... Read More »

Vietnam sets new rice export price to meet Philippines 0.18m import demand

MANILA: To meet Philippines private traders’ rice import demand of 187,000 tonnes, the world’s third-largest rice exporter Vietnam has set export prices in preparation to meet an import demand. Last month, the Philippines’ state grains procurement agency allowed private traders to import 187,000 tons of rice. Exporters must sell the 5-percent broken rice to Philippine importers at $385 a ton, ... Read More »

Philippine police seize 1,000 sacks of contraband sugar

ZAMBOANGA CITY: Philippine National Police and the Philippine Coast Guard (PCG) have seized more than 1,000 sacks of smuggled sugar in Barangay Bolong in Zamboanga City here the other day. Based on initial investigation, the ship ML Ylaiza Maye V was sighted by police in Barangay Bolong and was intercepted. The vessel was moved to the Zamboanga City Port, where ... Read More »