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D&L Industries’ 9-month net profit up 24% to P1.29B

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Screengrab from http://www.dnl.com.ph/index.php/about-us

Food and plastic input manufacturer D&L Industries grew its nine-month net profit by 24 percent year-on-year to P1.29 billion as its commodities business gained market share as a result of the Bureau of Customs’ crackdown on smuggling.

Posted: November 6th, 2014 in Latest Business Stories | Read More »

Anti-impotence drugs seized

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Commissioner John P. Sevilla. FILE PHOTO

Customs authorities have seized a parcel containing anti-impotence drugs mailed from the United States.

Posted: October 25th, 2014 in Latest Business Stories | Read More »

Customs posts highest take in September

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The Bureau of Customs (BOC) collected P32.87 billion in September, said to be the agency’s highest monthly take, although the figure was still below the goal set for the period.

Posted: October 24th, 2014 in Headlines | Read More »

BOC: 8 of 10 shipments misdeclared, undervalued

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Bureau-of-Customs1-1223

Eight out of every 10 shipments of imported goods placed under Bureau of Customs alert orders have turned out to be either misdeclared or undervalued, according to BOC Commissioner John Phillip Sevilla.

Posted: October 18th, 2014 in Latest Business Stories | Read More »

BOC: Only a crooked few break Customs laws

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Bureau-of-Customs1-1223

The Bureau of Customs (BOC) on Friday said that, with its anti-smuggling drive, the agency succeeded in weeding out the few unscrupulous traders who misclassified, misdeclared or undervalued shipments.

Posted: October 18th, 2014 in Headlines,Latest Business Stories | Read More »

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