THE DEPARTMENT order directing insurance companies to raise their capitalization to P1 billion has been issued by the Finance department.
Read MoreThe Bureau of Customs (BOC)-RATS Program in its all-out war on smuggling has once again caused the filing of a criminal complaint before the Department of Justice (DOJ) against a trader and his broker for the unlawful importation of soya bean oil worth 18 million.
Read MoreCustoms Commissioner Ruffy Biazon today clarified the issue regarding the Inward Foreign Manifest (IFM) of shipments entering the country which the Hog Raisers Association of the Philippines claim the BOC refuses to provide them.
Read MoreConsolidated Public Sector Balance
Read MoreBy reason of his undisclosed assets and business interest, as well as his fabricated and inconsistent declarations in his sworn Statements of Assets, Liabilities, and Networth (SALNs), ENRICO T. TURINGAN, JR., a Customs Collector, will likely face preventive suspension for six (6) months without pay, pending preliminary investigation by the Office of the Ombudsman, based on its express powers under the Ombudsman Act of 1989 (R.A. 6770).
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