^
+ Follow ILLICIT Tag
ILLICIT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1505299
                    [Title] => Illicit cigarette trade still rampant in the Philippines, makes up a fifth of total sales
                    [Summary] => 

Illicit cigarette consumption in the Philippines remains sizable with 19 billion cigarettes consumed in 2014, accounting for nearly a fifth of total consumption, according to a recent study by UK-based research group Oxford Economics.

[DatePublished] => 2015-09-29 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1504270 [Title] => Global advocacy group cites Philippines initiatives on illicit financial flows [Summary] =>

The Global Financial Integrity (GFI) has cited the Philippines’ implementation of reforms to strengthen legal and regulatory frameworks to prevent illicit financial flows (IFF) to and from the country.

[DatePublished] => 2015-09-26 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804865 [AuthorName] => Pia Lee-Brago [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1404183 [Title] => Sin tax collection up 40% [Summary] =>

Excise tax collections from tobacco and alcoholic beverages grew 40 percent in the nine months through September this year, reflecting the success of the sin tax reform measure that jacked up the taxes of the so-called sin products.

[DatePublished] => 2014-12-19 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20141219/sin-tax-on-tobacco-1.jpg ) [3] => Array ( [ArticleID] => 1403297 [Title] => Global study ranks Philippines 15th largest exporter of illegal capital [Summary] =>

The Philippines and three other ASEAN members count among the top 20 developing countries in the world identified as the biggest exporters of illicit capital over the last decade, according to a global report.

[DatePublished] => 2014-12-16 09:51:56 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1796194 [AuthorName] => Yvonne T. Chua [SectionName] => Headlines [SectionUrl] => headlines [URL] => http://media.philstar.com/images/the-philippine-star/headlines/20141216/illicit-capital.jpg ) [4] => Array ( [ArticleID] => 1395482 [Title] => Sin taxes reach P78.3 B in 9 months [Summary] =>

Excise tax collections from the sale of tobacco and alcohol products continued to outpace the government’s target in the first nine months of the year, according to the latest data released by the Bureau of Internal Revenue.

[DatePublished] => 2014-11-25 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20141125/Tax-1.jpg ) [5] => Array ( [ArticleID] => 1335915 [Title] => Untapped potential [Summary] =>

It is unfortunate that one of the country’s biggest industries has virtually lost the support of the government.

[DatePublished] => 2014-06-18 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 1331506 [Title] => Gov’t lost P15.6 B in 2013 due to illicit tobacco trade – study [Summary] =>

The government lost an estimated P15.6 billion in taxes last year due to illicit tobacco trade in the country, according to a report by UK-based Oxford Economics and US-based International Tax and Investment Center.

[DatePublished] => 2014-06-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140606/tobacco-lost-govt-15b-3.jpg ) [7] => Array ( [ArticleID] => 1286575 [Title] => P357 billion lost to corruption, crime yearly [Summary] =>

P12.6 trillion fueled criminal activities via smuggling |

A study says the Philippine economy was cheated of $132.9 billion or more than P6 trillion in illicit money outflows in the past five decades, incurring losses of over P357 billion yearly on average.

[DatePublished] => 2014-02-04 15:16:22 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1212169 [AuthorName] => Camille Diola [SectionName] => Headlines [SectionUrl] => headlines [URL] => http://imagizer.imageshack.us/v2/320x240q90/819/xb1y.jpg ) [8] => Array ( [ArticleID] => 912502 [Title] => Source of dirty money: Phl ranks 6th [Summary] =>

Between 2001 and 2010, a staggering $138 billion in dirty money left the Philippines, according to an international anti-corruption monitoring group.

[DatePublished] => 2013-02-24 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Headlines [SectionUrl] => headlines [URL] => http://imageshack.us/a/img521/1322/gen2draft.jpg ) [9] => Array ( [ArticleID] => 885244 [Title] => Wife files disbarment case vs. prosecutor in alleged sex video [Summary] =>

Two lawyers, whose alleged illicit sexual truce was caught on video, have been charged with disbarment before the Integrated Bar of the Philippines (IBP).

[DatePublished] => 2012-12-12 15:22:06 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with