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BOC sues steel importers

Customs Commissioner John Phillip Sevilla. INQUIRER.net FILE PHOTO

Two steel importers are facing smuggling-related complaints in the Department of Justice (DOJ) for allegedly misdeclaring their shipments to avoid paying higher customs duties.

Posted: April 16th, 2014 in Latest Business Stories | Read More »

Prevention better than cure

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Unlike the reported pork barrel scam involving government officials and media personalities, smuggling has received little or no attention.

Posted: March 28th, 2014 in Columnists,Inquirer Columns | Read More »

Smuggling may mask PH vulnerability

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Rampant smuggling in the economy may be hiding weaknesses in the country’s current account surplus, which economic managers have repeatedly cited as one of the domestic economy’s main shields from turbulent market conditions abroad.

Posted: March 18th, 2014 in Headlines | Read More »

Tobacco war spreads into BIR, House

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The output by the manufacturing sector, including tobacco products, grew by another double-digit pace in September, indicating that the country was taking the crucial first steps toward industrialization. AFP FILE PHOTO

The Bureau of Internal Revenue (BIR) has placed the factory and warehouses of the Mighty Corp. cigarette company under 24/7 surveillance in response to allegations that the manufacturer is a smuggler and a tax evader.

Posted: March 15th, 2014 in Latest Business Stories | Read More »

Accountability and P200-B smuggling loss

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In President Aquino’s last Sona message, he said the government was losing P200 billion due to smuggling. The table below shows this was not always the case. In 2004, the government lost only P26.6 billion, which dropped to P19.4 billion in 2005. From 2006 onward, it rose steadily hitting P204.3 billion in 2012.

Posted: February 18th, 2014 in Columnists,Inquirer Columns | Read More »

Group offers help to curb smuggling of construction materials

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The government may have lost some P800 million to P1 billion in tax revenue last year due to the smuggling and manufacturing of sub-standard construction materials, according to the Philippine Iron and Steel Institute (Pisi).

Posted: February 18th, 2014 in Headlines | Read More »

Senate agri committee chair backs private rice imports ban

Senator Cynthia Villar. INQUIRER FILE PHOTO

The chair of the Senate committee on agriculture and food said she supported proposals to stop the issuance of import permits for rice as a means to stop its smuggling.

Posted: February 9th, 2014 in Latest Business Stories | Read More »

Smuggling not limited to rice

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philippine import

Lately, there has been much publicity about rice smuggling. But this is just the tip of the iceberg. The expansion of smuggling is not limited to agricultural products, which constitute only 12 percent of our imports.

Posted: February 6th, 2014 in Columnists,Inquirer Columns | Read More »

Agri groups decry unabated smuggling

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The government is set to continue importing milled rice this year even as the country renews its push for self-sufficiency, according to Agriculture Secretary Proceso J. Alcala. INQUIRER FILE PHOTO

The government’s failure to curb smuggling has severely hurt legitimate businesses in the agriculture sector in terms of unfair competition from smuggled products, according to a group of farm producers.

Posted: January 31st, 2014 in Latest Business Stories | Read More »

Alleged Customs payoff bared

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FPI chairman Jesus Arranza. RYAN LEAGOGO/INQUIRER.net

The Federation of Philippine Industries (FPI) on Tuesday disclosed at a Senate hearing the alleged payoff in the accreditation of importers with the Bureau of Customs (BoC).

Posted: January 28th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

It takes a village to defeat smuggling

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Just as it takes a “village” to raise a child (as Hillary Clinton described in her book), it also takes a “village” to defeat smuggling. Just as it is not the parents alone who can raise a child properly but the entire community, it is also not the Customs Commissioner alone who can defeat smuggling. He needs the help of relevant stakeholders.

Posted: January 6th, 2014 in Headlines | Read More »

New chief says customs valuation system needs fixing

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Customs Commissioner John Sevilla. INQUIRER FILE PHOTO

The valuation of an undisclosed number of importations handled by the Bureau of Customs was “a little bit low,” resulting in lower revenue collections under the Aquino administration.

Posted: December 31st, 2013 in Latest Business Stories | Read More »

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