The Bureau of Customs (BOC) anti-smuggling campaign under Customs Commissioner Ruffy Biazon has practically gone overdrive as it goes after the fictitious and non-existent companies in its roster of accredited importers and brokers.
Read MoreThe full implementation of reforms designed to plug the operational loopholes at the Bureau of Customs (BOC) is expected to ease the burden caused by the dumping of illegally imported poultry and meat products into the local market on the country’s poultry and hog raisers.
Read MoreThe unrelenting campaign of the Bureau of Customs (BOC) to flush out smuggling has once again caused the seizure of P31.8 million worth of misdeclared and undervalued candies, outboard motors, motor oils, kilowatt hour meters and equipment for setting-up an illegal drugs manufacturing laboratory by operatives of the Bureau’s Enforcement Group (EG) under Deputy Commissioner Horacio P. Suansing, Jr. at the Manila International Container Port (MICP).
Read MoreTRANSCRIPT: (Reuters) Purisima, CVPs residence, February 10, 2012. On inflation Purisima: The main drivers of inflation in the Philippines are food and oil prices. On the part of the food, its been well maintained. Harvest has been good. In fact, the biggest part of the food component is rice. As you know, last year was a very good year for Philippine rice harvest. Its a priority of the president to improve productivity and reduce the vulnerability of our rice production by diversifying the areas of rice plantation to areas that are less prone to typhoons. For example, DA has started planting in the Iwahig colony in Palawan. Thats just an example of the moves of the president so that has kept rice prices in the Philippines stable.
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