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Posts tagged with "rice"

PH set to dislodge China as world’s top rice importer

PH set to dislodge China as world’s top rice importer

Nov. 13 | Philippine rice imports are projected to reach a record 3 million metric tons (MT) by year-end, making the country the top rice importer in 2019, beating China, according to a monthly report by the United States (US) Department of Agriculture-Foreign...

Delay in release of rice imports? Don’t look at us, BOC says

Delay in release of rice imports? Don’t look at us, BOC says

Sep. 16 | Photo courtesy of the Bureau of Customs. The Bureau of Customs (BOC) is not the cause of delay in release of rice shipments from Philippine ports, according to Customs Commissioner Isidro Lapeña in a recent statement. “To set the record straight, I...

P300M worth of imported rice confiscated in Bulacan warehouse raids

P300M worth of imported rice confiscated in Bulacan warehouse raids

Sep. 16 | The 125,000 sacks of rice were imported from Thailand, China and India. Photo courtesy of the Bureau of Customs. The Bureau of Customs (BOC) and Philippine National Police (PNP) seized about 125,000 sacks of imported rice with an estimated market value...

BOC to intensify drive vs rice and sugar smuggling, expedite auction amid undersupply

BOC to intensify drive vs rice and sugar smuggling, expedite auction amid undersupply

Aug. 15 | Finance Secretary Carlos Dominguez III has ordered the Bureau of Customs (BOC) to keep a closer watch on the entry of “hot” rice and sugar in the Philippines, and speed up the auction of seized stocks amid the current supply and price issues concerning...

New PH law tags agricultural smuggling as economic sabotage

New PH law tags agricultural smuggling as economic sabotage

May. 28 | Smuggling of rice with a minimum amount of P10 million, as valued by the Bureau of Customs, is considered an act of economic sabotage under Philippine Republic Act 10845. Philippine President Benigno Aquino III on May 23 signed into law a measure that...

2 firms charged in contraband imports worth P9M

2 firms charged in contraband imports worth P9M

Dec. 23 | The Bureau of Customs (BOC) has filed smuggling charges against two consignees of alleged illegal shipments of imported rice and pyrotechnics with a total worth of P9.4 million. Charged on December 21 were officials of Rainbow Holdings, Inc. (RHI) for...

Rice auction in Zamboanga to net P22M

Rice auction in Zamboanga to net P22M

Apr. 13 | The Bureau of Customs (BOC) expects to generate over P22 million in revenues for the auction of around 21,640 sacks of rice at the Port of Zamboanga on April 15. A total of 576,000 kilograms of rice at the Zamboanga port will be auctioned off through...