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+ Follow CUSTOMS BONDED WAREHOUSES Tag
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[Title] => Reyes tightens watch on Customs bonded warehouses
[Summary] => Interior and Local Government Secretary Angelo Reyes ordered the strict monitoring of the rampant use of Customs Bonded Warehouses and barges and other sea vessels in smuggling activities.
Smuggling activities have cheated the government of P54 billion in revenues yearly due to uncollected taxes. Rampant oil smuggling also seems to be the reason for the P9-billion drop in fuel tax revenues from 1998 to 2003.
Reyes, who is the concurrent anti-smuggling czar, ordered regular checking of CBWs by elements of the Task Force Anti-Smuggling units.
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[ArticleID] => 151297
[Title] => Tariff support crucial for devt of petrochem sector
[Summary] => Government must provide tariff support to the petrochemical industry to ensure the sectors development, according to a study by a leading economic think-tank.
The study, conducted by the Center for Research and Communication (CRC), cited how in other Asian countries, higher tariff served as a catalyst to the development of fully integrated petrochemical industries.
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CUSTOMS BONDED WAREHOUSES
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[Title] => Reyes tightens watch on Customs bonded warehouses
[Summary] => Interior and Local Government Secretary Angelo Reyes ordered the strict monitoring of the rampant use of Customs Bonded Warehouses and barges and other sea vessels in smuggling activities.
Smuggling activities have cheated the government of P54 billion in revenues yearly due to uncollected taxes. Rampant oil smuggling also seems to be the reason for the P9-billion drop in fuel tax revenues from 1998 to 2003.
Reyes, who is the concurrent anti-smuggling czar, ordered regular checking of CBWs by elements of the Task Force Anti-Smuggling units.
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[Title] => Tariff support crucial for devt of petrochem sector
[Summary] => Government must provide tariff support to the petrochemical industry to ensure the sectors development, according to a study by a leading economic think-tank.
The study, conducted by the Center for Research and Communication (CRC), cited how in other Asian countries, higher tariff served as a catalyst to the development of fully integrated petrochemical industries.
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abtest
June 20, 2005 - 12:00am
February 20, 2002 - 12:00am
Recommended
Vice President Sara Duterte “will try to comply” with the sub judice rule issued by impeachment court presiding officer Sen. Francis Escudero, according to her counsel.
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Lotto Aug 29, 2026
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February 12, 2018
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