Wednesday, May 20, 2026
Today's Print

Tag: Illicit trade

Illicit cigarettes, vapes thrive amid high excise tax rates

High excise taxes in the Philippines are pushing adult consumers to buy cheaper, illegal cigarettes and vapes, causing smoking rates to increase, industry players...

Stronger convictions sought for illicit product seizures

Senator Sherwin Gatchalian called for a stronger conviction rate in cases involving illicit product arrests and seizures, urging enhanced coordination among government agencies "We need...

Illicit tobacco trade finances terrorism—solon

Lawmakers and law enforcement officials warned that the unchecked proliferation of the illicit tobacco trade is financing terrorist groups, including the Abu Sayyaf. Senator Sherwin...

Smuggled tobacco fuels terrorism, threatens security—officials

Lawmakers and law enforcement officials warned that the unchecked proliferation of the illicit tobacco trade is financing terrorist groups, including the Abu Sayyaf. Senator Sherwin...

DOF backs tobacco excise tax hike moratorium amid falling revenues, rising illicit trade

The Department of Finance (DOF) supports a proposed two-year moratorium on the annual hikes in tobacco excise tax. House Committee Ways and Means Chair and...

Philippines swamped by over P2 trillion worth of smuggled goods annually

More than P2 trillion worth of smuggled goods, including counterfeit products, general merchandise, agriculture items, cigarettes and other tobacco products swamp the Philippines each...

Local industries ask gov’t to intensify fight vs. illicit trade, smuggling

Domestic manufacturers asked the government to intensify their efforts to combat smuggling and illicit trade, echoing President Ferdinand Marcos Jr.’s strong stance against these...

Gov’t asked to stop cigarette smuggling to cut terror financing

A security expert advised Philippine defense and security officials to collaborate on stopping the smuggling of cigarettes, primarily from Indonesia and Malaysia, to cut...

Stopping illicit trade a priority for ASEAN, report says

Stopping illicit trade is an urgent priority for the Association of Southeast Asian Nations (ASEAN) as the region loses billions of dollars annually due...

P358 million worth of counterfeit cigarettes seized from Cavite factories

Authorities said they confiscated P358 million worth of counterfeit cigarettes from two factories and a warehouse in Cavite province on Thursday. Bureau of Internal Revenue...

Regulators should clamp down on marketing e-cigarettes in PH

"Selling and promoting them to minors without the prescribed health warning is equally irresponsible." Selling vapes and other forms of electronic cigarettes to the youth...

Illicit trade syndicates

"Black market syndicates will hurt the viability of all legitimate businesses, big and especially the small enterprises, and their millions of dependents" Illicit trade is...

Taxes and illicit trade

The Duterte administration has identified its banner Tax Reform for Acceleration and Inclusion package—or TRAIN—as a priority measure and, it is moving. House Bill...

Govt readies fuel marking system

The government plans to implement the fuel marking system in the first quarter of 2017 to eliminate illicit trade of petroleum products, according to...
- Advertisement -spot_img
- Advertisement -spot_img