SUBIC AUCTIONEERS INTERNATIONAL AND ASIA INTERNATIONAL AUCTIONEERS

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                    [ArticleID] => 206997
                    [Title] => DOF moves to limit auction of imported vehicles in ecozones
                    [Summary] => Prompted by the intense lobbying of the local automotive industry, the Department of Finance (DOF) is drafting an inter-agency agreement that would limit the sale of imported vehicles in special economic zones. 


Finance Secretary Jose Isidro Camacho had already initiated an investigation of the uncontrolled technical smuggling of imported automotive vehicles through these zones in an attempt to determine the scale of the operations and possible ways to control it. 


                    [DatePublished] => 2003-05-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 184991
                    [Title] => BOC sets guidelines on car importations
                    [Summary] => The Bureau of Customs (BOC) will issue the guidelines imposing duties and tariffs on brand-new and second-hand cars that have been imported without paying the applicable levies. 


BOC commissioner Antonio Bernardo said the bureau is preparing the guidelines for owners of cars who brought their vehicles into the country direct from abroad. 


According to Bernardo, the BOC is estimated to raise some P50 to P100 million worth of duties from this guideline which would require car owners to declare their imported vehicles for proper assessment. 


                    [DatePublished] => 2002-11-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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            [2] => Array
                (
                    [ArticleID] => 178110
                    [Title] => Government to investigate Subic auctions for luxury vehicles
                    [Summary] => The Department of Finance (DOF) said yesterday the importation of second-hand luxury vehicles through the Subic Free port should be subjected to a thorough investigation before the auctions are allowed to continue even on a limited basis.


As a result of aggressive lobbying by local car assemblers, the popular Subic auctions have been allowed to continue, but only on a very limited basis. Only vehicles intended for official use are allowed to be sold as well as special purpose vehicles such as funeral hearses. 


                    [DatePublished] => 2002-10-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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            [3] => Array
                (
                    [ArticleID] => 98166
                    [Title] => ECC backs SBMA plan to suspend imports of used vehicles
                    [Summary] => The  Economic Coordinating Council (ECC) has approved the recommendation of Subic Bay Metropolitan Authority (SBMA) Chairman Felicito Payumo to suspend the importation of used vehicles and the release of such units from the Subic freeport, Finance Secretary Jose T. Pardo announced yesterday.


The recommendations to suspend the importation of used vehicles was prompted by complaints from the Philippine Automotive Federation, Inc. (PAFI).


                    [DatePublished] => 2000-12-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097285
                    [AuthorName] =>  Marianne  V.  Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [4] => Array
                (
                    [ArticleID] => 98050
                    [Title] => Auto group hits auction of used cars in Subic
                    [Summary] => Threatened by the sudden influx of cheap imported vehicles into the market, automotive manufacturers want the government to stop the auction of used vehicles and heavy equipment at the Subic Bay Freeport.


The Philippine-Automotive Federation Inc. (PAF) expressed concern over the spate of public auctions of all kinds of vehicles, equipment and machinery at the freeport, warning of their implications on the government’s Motor Vehicle Development Program (MVDP).


                    [DatePublished] => 2000-11-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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DOF moves to limit auction of imported vehicles in ecozones

By Des Ferriols | May 21, 2003 - 12:00am

Prompted by the intense lobbying of the local automotive industry, the Department of Finance (DOF) is drafting an inter-agency agreement that would limit the sale of imported vehicles in special economic zones. Finance...

Business

BOC sets guidelines on car importations

November 22, 2002 - 12:00am

The Bureau of Customs (BOC) will issue the guidelines imposing duties and tariffs on brand-new and second-hand cars that have been imported without paying the applicable levies. BOC commissioner Antonio Bernardo...

Business

Government to investigate Subic auctions for luxury vehicles

By Des Ferriols | October 1, 2002 - 12:00am

The Department of Finance (DOF) said yesterday the importation of second-hand luxury vehicles through the Subic Free port should be subjected to a thorough investigation before the auctions are allowed to continue...

Business

ECC backs SBMA plan to suspend imports of used vehicles

By Marianne V. Go | December 8, 2000 - 12:00am

The Economic Coordinating Council (ECC) has approved the recommendation of Subic Bay Metropolitan Authority (SBMA) Chairman Felicito Payumo to suspend the importation of used vehicles and the release of such units...

Business

Auto group hits auction of used cars in Subic

November 28, 2000 - 12:00am

Threatened by the sudden influx of cheap imported vehicles into the market, automotive manufacturers want the government to stop the auction of used vehicles and heavy equipment at the Subic Bay Freeport. The Philippine-Automotive...

Business