P202.5-M worth of smuggled agri-fishery goods seized in Jan. 

THE DEPARTMENT of Agriculture (DA) on Tuesday said it seized P202.5 million worth of smuggled farm and fishery products at the Manila International Container Port (MICP) in January.   In a statement, the DA said the “misdeclared and misclassified goods” inside a total of 24 container vans were confiscated in several operations.  The smuggled commodities include […]

House measure to prevent import fraud — lawmaker

A PHILIPPINE party-list representative on Monday said imports continue to be underdeclared, with many smuggled items getting through the Bureau of Customs using spurious documents. “The very source of the perpetuation and perpetration of irregularities in the Bureau of Customs start with commercial invoice,” Party-list Rep. Rodante D. Marcoleta said at a House of Representatives […]

Trade panel to streamline Customs processes to aid small businesses

The newly established committee for trade facilitation is expected to help micro-, small-, and medium-sized enterprises (MSMEs) to be more active in international trade and widen their access to international goods and services, Finance Secretary Carlos G. Dominguez III said. During its first meeting Wednesday, Mr. Dominguez said the Philippine Trade Facilitation Committee (PTFC), which […]

March Customs collections beat target on strong performance by provincial ports

TAX COLLECTIONS by the Bureau of Customs (BoC) in March totaled P54.5 billion, beating the bureau’s target due to stronger-than-expected collections by ports in the provinces. March collections beat the target by 14.2%. They also exceeded year-earlier levels by 22.1%. The 2020 lockdown began in mid-March that year. “The BoC’s positive revenue collection performance is […]

No. 1 in Fujian! RMB 880 Million of Import and Export of Agricultural and Fishery Products at Pingtan Port in 2020

On February 9, according to Pingtan Customs, the import and export value of aquatic products, fruits and other agricultural and fishery products in Pingtan in 2020 reached RMB 880 million, ranking the first in Fujian, with a year-on-year growth of 31.52%. In May 2019, the Experimental Area formulated the Measures on Encouraging the Import of […]