The Bureau of Customs (BOC)-RATS Program, in its all-out war on smuggling, has file another criminal complaints before the Department of Justice (DOJ) against four (4) traders for the unlawful importation of onions and potatoes worth 43 million.
Read MoreOver 100,000 pieces of illegally imported Digital Video Disc (DVD) movies, cellphone and laptop accessories and sacks and drums of unidentified chemicals worth Php10M were recently seized by the Bureau of Customs (BOC) after these items were found to have been misdeclared as housewares by operatives of the newly created Revenue Enhancements for the Attainment of Collection Targets (REACT) Task Force.
Read MoreCustoms Commissioner Ruffy Biazon reiterated his call today for the Hog Raisers Association of the Philippines to implement the agreement they have signed together with the Bureau of Customs (BOC) during their April convention in Cebu this year where they are supposed to assign industry experts to observe and monitor customs clearance procedures in order to ensure faithful compliance of meat importation regulations by personnel of the Bureau of Animal Industry, National Meat Inspection Service and the Bureau of Customs.
Read MoreFinance Secretary Cesar V. Purisima and Italian Ambassador H.E. Luca Fornari signed on May 29, 2012 the Debt-for-Development Swap Agreement (the Agreement) between the Government of the Republic of the Philippines and the Government of the Italian Republic.
Read MoreThe impressive performance of the Philippine economy in the first quarter highlighted not only our resilience, but our capacity to reach faster towards inclusive growth that shall produce jobs and eradicate poverty in the long run. The 6.4% growth from January to March reverberates across the ASEAN region – beating the preliminary regional average growth of 3.7% – at this time of global economic uncertainty due to fiscal problems in the developed world that threaten emerging nations, including the Philippines.
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