MANILA - The Bureau of Customs (BOC) has collected a total of PHP18.9 billion in duties from rice imports in 2021. In his report during a recent Department of Finance (DOF) executive committee (Execom) meeting, Customs Commissioner Rey Leonardo Guerrero said last year's collection from rice imports was 22 percent higher than the PHP15.5 billion collected in 2020. Import duties collected from rice imports starting March 5, 2019 go to the annual PHP10-billion Rice Competitiveness Enhancement Fund (RCEF) as provided under Republic Act 11203, or the Rice Tariffication Law (RTL). The RCEF is used to finance programs that will sharpen the competitiveness of palay (rice grain) growers by providing them easy access to fertilizer, farm machinery and equipment, high-yield seeds and cheap credit; and offering skills training programs on farm mechanization and modern farming techniques. For pork imports, Guerrero said the BOC collected PHP3.75 billion between April 9, 2021 to Jan. 28, 2022 fro
Last Monday, National Intelligence Coordinating Agency (NICA) director-general Alex Paul Monteagudo insinuated it would be “insane” to resume peace talks with the Left, claiming it would surely fail as it did in the past. The four presidential aspirants, he reportedly said, were just trying to “gain votes” by appearing to be statesmen.
Customs ready to burn smuggled cigarettes philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
DA, Customs ink data sharing on agriculture trade philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
The Department of Agriculture (DA) and the Bureau of Customs (BOC) have agreed to share data on traded agricultural commodities as well as unfair trade practices and imports.
The Department of Agriculture (DA) and the Bureau of Customs (BOC) formalize their agreement to share data on traded agric