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Tag Archives: BOC

Australian & NZ dollar tumble after BOC interest rate cut

SYDNEY: The Australian and New Zealand dollars dipped after a surprise interest rate cut by the Bank of Canada (BoC) fueled speculation the Reserve Bank of Australia (RBA) could also ease soon. The Australian dollar slipped to US$0.8083, having shed more than 1% overnight. It was pulling closer to a six-year trough of US$0.8033 set earlier in the month. Resistance ... Read More »

Philippines seizes methamphetamine shipped from Hong Kong

BoC seizes P400-M shabu from Hong Kong HONG KONG: BOC, The Bureau of Customs and the Philippine Drug Enforcement Agency seized P400 worth millions having a high-grade methamphetamine hydrochloride or “shabu” coming from Hong Kong. In a e-mailed statement, the BoC said it seized 40 kilograms of high-grade shabu that was consigned to a certain Danilo Pineda. Authorities arrested Pineda ... Read More »

Container van with traces of cocaine seized in Canada

OTTAWA: “Maersk Vancouver aware us that this van was the same container van stripped by the Canadian Customs from almost a year. It was Kaya nga nagstay yung” said BOC Special Agent II Leonard Goerge Carillo, during a media interview. He said; the Davao Bureau of Customs (BOC) confirmed Friday that the container van that was found to have traces ... Read More »

Record increase of 22.6% revenue by Philippines Customs

MANILA: “It has set a new record for the highest ever single month collection in October. The agency recorded increases in its revenues for the 10th straight month”, reported The Bureau of Customs BOC expanding the collections to P34.16 billion ($759.17 million). The agency said the hike in its collections was driven by the continued growth in the volume and ... Read More »

Manila customs to sue top rice importer for smuggling

MANILA: The Bureau of Customs (BOC) said that it has filed four reports against Starcraft International Trading Corp and also 12 customs brokers associated with it, for violating Section 3601 of the Tariff and Customs Code of the Philippines and Section 29 of Presidential Decree (PD) Number 4, as amended by PD No 1485. Sued were Starcraft president Jeffrey Daradal, ... Read More »

Intelligence Group warns Philippines Customs officers

MANILA:  Jessie Dellosa, the deputy commissioner for the intelligence group, emphasized no more corruption would be tolerated in customs. “You may thrive now or get away with your extortion activities, but we will still get you in the end.” She said. The former Armed Forces chief said the bureau’s intensified campaign against corruption in its ranks was necessary to “rid ... Read More »