The Bureau of Customs (BOC) is set to auction over 4,600 Metric Tons of smuggled rice, the bulk of which were seized shipments of trading firms linked to David Tan. Two separate auctions were set at the Port of Cebu and the Manila International Container Port (MICP), with both expected to generate over P149-Million for the Bureau.
Read MoreSix persons face smuggling-related cases filed by the Bureau of Customs (BOC) for attempting to sneak-in a total of 413 Casio G-Shock watches through Balikbayan Boxes. The watches have a total value of over P7.4-Million.
Read MorePurisima: Good governance set off a virtuous cycle towards inclusive and sustainable growth
The Board of Directors of Millennium Challenge Corporation (MCC), an independent agency of the U.S. government, at its quarterly meeting in Washington, D.C., announced the country’s eligibility to develop a proposal for a new compact with MCC.
“The Department of Finance (DOF) has finished 2014 strong,” DOF Chief Economist and Undersecretary Gil Beltran of the Policy Development and Management Services Group concluded at the DOF year-end performance review last 15 December 2014.
Read MoreTop supplier of online shopping sites in hot water