The Bureau of Customs (BOC) unrelenting campaign to file cases against suspected smugglers and to eventually put them behind bars has once again placed 11 people, seven (7) of them officers of a Cebu based Freight service company, two (2) customs brokers, a port dispatcher and a warehouse owner in hot water after they were all charged for their failed attempt to smuggle 10 twenty footer container vans of smuggled sugar from Thailand worth Php 10 million at the Port of Cebu on November 22, 2012.
Read MoreThe Philippine Deposit Insurance Corporation (PDIC) successfully sold 23 properties collectively worth P56.9 million during its November 19 public bidding held at the Bangko Sentral ng Pilipinas (BSP) office in Legaspi City, the fourth to be conducted this year.
Read MoreFollowing the resignation of Rozzano Rufino “Ruffy” Biazon as Commissioner of Customs, President Benigno S. Aquino has tapped Finance Undersecretary John P. “Sunny” Sevilla to be detailed as Officer-in-Charge of the BOC.
Read MoreThe Philippine Deposit Insurance Corporation (PDIC) will start servicing the deposit insurance claims of depositors of the closed Rural Bank of Sto. Tomas (Davao del Norte), Inc. on October 9, 2013.
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