Customs personnel at the Port of Zamboanga destroy 5,624 master cases and 1,171 reams of smuggled cigarettes seized and forfeited, on November 30, 2023 at a rented warehouse in Brgy. Tetuan, Zamboanga City.
MANILA, Philippines — Smuggled goods worth P85.1 billion were confiscated by the Bureau of Customs in operations in 2024, the agency said on Wednesday.
In a statement, the bureau said it conducted over 2,100 anti-smuggling operations last year to target counterfeit products, illegal drugs, tobacco products, vape items and agricultural commodities.
Article continues after this advertisementCustoms also reported that it saw almost 20 billion liters of fuel in its fuel marking program, a measure to combat the smuggling of petroleum products.
FEATURED STORIES NEWSINFO Court affirms Pacquiaos’ win in P2.2-B tax case NEWSINFO What, no Senate? House execs say of budget raps NEWSINFO 5 dead, thousands flee as floods hit PalawanThe bureau said the amount of fuel marked in 2024 generated P242 billion in tax revenue and saw a 5-percent increase from the fuel marked in 2023.
READ: 26 nabbed; over P13 million worth of oil products seized in Batangas
Article continues after this advertisementFurthermore, Customs said it revoked the licenses of 56 importers and brokers found to have violated regulations; and filed 45 criminal cases for smuggling incidents.
no deposit bonus casino 2022Article continues after this advertisementREAD: BOC: Over P72B smuggled goods seized from Jan to Oct 2024
“By leveraging intelligence, enforcement and inter-agency collaboration, the BOC remains steadfast in its mission to secure our borders and uphold economic stability,” Commissioner Bienvenido Rubio said in a statement.
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In a statement, the company said the project dubbed RASLAG-4 has a capacity of 36.646 megawatt peak (MWp), which is its biggest facility yet. It is also set to produce 53 gigawatt hours (GWh) of electricity, which can power around 24,000 homes per year.
The BOC’s collections in the first eight months of this year surpassed its target of P609.59 billion by P5.19 billion, and compared to the previous year, it’s a 5.72-percent increase from P33.29 billion.