Tag: Bureau of Customs

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BOC to file economic sabotage charges over P202M mackerel seizure

Agriculture Context.ph Context.ph -
The Bureau of Customs (BOC) is preparing to file economic sabotage charges against the importer behind the recently seized P202-million worth of misdeclared frozen mackerel at the Port of Manila. 

BOC uncovers fish smuggling in frozen food shipments

Agriculture Context.ph Context.ph -
Agriculture secretary Francisco Tiu Laurel Jr. on Monday led an inspection of shipments at the Manila South Harbor and laid bare long suspected fish smuggling operations. The inspection revealed that 19 container vans, initially declared as processed plant-based commodities like taro sticks and sweet potato balls, were actually loaded with frozen mackerel and galunggong or scad.

DA inspects misdeclared frozen fish

Context Dispatch Context.ph Context.ph -
Agriculture Secretary Francisco P. Tiu Laurel Jr. led an inspection on Monday of one-and-a-half dozen container vans suspected of being loaded with hundreds of tons of frozen fish, but was declared by importers as processed plant-based commodities. A earlier spot check conducted by the Department of Agriculture's Bureau of Plant Industry and the Bureau of Customs on two of the 19 40-foot container vans revealed boxes of frozen mackerels locally known as tamban, and frozen round scad-locally known as galunggong rather than the frozen fried taro sticks, sweet potato balls, and assorted food products from China, as declared in the shipping manifest.

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WB approves record $1.02B Philippine energy, water loan

Banking & Insurance 0
The World Bank Group has approved a record USD1.02-billion financing package for the Philippines, backing reforms aimed at lowering electricity costs, strengthening water security and accelerating the country's transition to cleaner energy.

PH-Japan project upgrades grains quality testing system

Agriculture 0
The Department of Agriculture (DA) and the National Food Authority (NFA) will upgrade the country’s grain quality testing system through a P184.2-million project funded jointly by the Philippine and Japan.

Ayala Land expands Lio Estate as long-stay demand grows

Property 0
Ayala Land Inc. (ALI) is stepping up investments in its 320-hectare Lio Estate in El Nido, Palawan, betting that the next wave of tourism growth will be driven less by short vacations and more by long-stay living, remote work and integrated island communities.

Global real estate shifts into recovery and balancing fears – Colliers

Property 0
Global commercial real estate markets are entering a period of recovery and rebalancing, backed by steady capital flows and new opportunities driven by changing work habits and global supply chain adjustments, according to insights shared by Colliers executives at the recent 56th WTCA Global Business Forum in Philadelphia.

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