^
+ Follow CBWS Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 336321
                    [Title] => DOF to limit use of Customs bonded warehouses
                    [Summary] => The Department of Finance (DOF) said it will ultimately limit the use of Customs bonded warehouses (CBWs) exclusively for imported raw materials used in the manufacture of export products. 


The DOF said it was supporting the move by the Senate to clamp down on the use of CBWs in order to stop the uncontrollable entry of smuggled goods through the customs-bonding system.

Finance Undersecretary Gil Beltran said the proposal was contained in the proposed legislation that would rationalize the incentives for exporters.
[DatePublished] => 2006-05-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 282666 [Title] => Reyes tightens watch on Customs bonded warehouses [Summary] => Interior and Local Government Secretary Angelo Reyes ordered the strict monitoring of the rampant use of Customs Bonded Warehouses and barges and other sea vessels in smuggling activities.

Smuggling activities have cheated the government of P54 billion in revenues yearly due to uncollected taxes. Rampant oil smuggling also seems to be the reason for the P9-billion drop in fuel tax revenues from 1998 to 2003.

Reyes, who is the concurrent anti-smuggling czar, ordered regular checking of CBWs by elements of the Task Force Anti-Smuggling units.
[DatePublished] => 2005-06-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) [2] => Array ( [ArticleID] => 268099 [Title] => Government to reduce number of CBWs [Summary] => New Customs Commissioner Bert Lina, said yesterday government will continue to trim the number of Customs bonded warehouses (CBWs), particularly multi-purpose warehouses which are often linked to smuggling.

Lina told reporters that the Bureau of Customs intends to pursue the rationalization and streamlining of CBWs to cut down on smuggling and corruption.

"We will probably keep some of these CBWs, but the foremost question now is whether we need them at all," Lina said. "These CBWs have actual and legitimate use after all."
[DatePublished] => 2005-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 201456 [Title] => BOC issues new rules on bonded warehouses [Summary] => The Bureau of Customs has issued new rules and regulations to rationalize the use and operation of public Customs bonded warehouses (CBWs) to prevent them from being used as smuggling conduits.

Through Administrative Order 2003, Customs Commissioner Antonio Bernardo ordered that the establishment and operation of CBWs shall only be allowed upon determination that the business of a particular port requires such facilities.
[DatePublished] => 2003-04-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1681404 [AuthorName] => Rey Arquiza [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 195596 [Title] => Customs closes more warehouses [Summary] => Customs Commissioner Antonio Bernardo ordered the closure of 430 more bonded warehouses last Friday as part of the government’s drive to rationalize the operations of Customs bonded warehouses (CBWs) in the country and plug tax leaks from smuggling.

Three hundred eight CBWs have been ordered closed since Bernardo started his campaign, the biggest by far in the Bureau of Custom’s drive to rationalize operations of CBWs.

The Customs chief said the bureau is shifting to an industry-specific warehousing system.
[DatePublished] => 2003-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 194970 [Title] => Customs shuts down more warehouses [Summary] => The Bureau of Customs (BOC) ordered yesterday the closure of 91 more customs bonded warehouses (CBWs) tagged as possible conduits for smuggling activities.

Customs Commissioner Antonio Bernardo said the number of closed bonded warehouses now totals 411.

Bernardo reported that 70 of the closed warehouses were registered as private and public, while 12 were registered as customs bonded warehouses (CBWs) for miscellaneous goods and nine were used by garments firms.
[DatePublished] => 2003-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 140415 [Title] => Distressed petrochem sector reels from effects of rampant smuggling [Summary] => The local petrochemical industry joins a growing list of distressed local industries reeling from the adverse effects of unabated smuggling, it was learned yesterday.

The Association of Petrochemical Manufacturers of the Philippines (APMP), a grouping of companies producing plastic resins such as polyethylene, polypropylene, polyvinyl chloride, and polystyrene, stressed the need for government to clamp down hard on technical smuggling, in particular those done using Customs bounded warehouses (CBWs).
[DatePublished] => 2001-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CBWS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 336321
                    [Title] => DOF to limit use of Customs bonded warehouses
                    [Summary] => The Department of Finance (DOF) said it will ultimately limit the use of Customs bonded warehouses (CBWs) exclusively for imported raw materials used in the manufacture of export products. 


The DOF said it was supporting the move by the Senate to clamp down on the use of CBWs in order to stop the uncontrollable entry of smuggled goods through the customs-bonding system.

Finance Undersecretary Gil Beltran said the proposal was contained in the proposed legislation that would rationalize the incentives for exporters.
[DatePublished] => 2006-05-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 282666 [Title] => Reyes tightens watch on Customs bonded warehouses [Summary] => Interior and Local Government Secretary Angelo Reyes ordered the strict monitoring of the rampant use of Customs Bonded Warehouses and barges and other sea vessels in smuggling activities.

Smuggling activities have cheated the government of P54 billion in revenues yearly due to uncollected taxes. Rampant oil smuggling also seems to be the reason for the P9-billion drop in fuel tax revenues from 1998 to 2003.

Reyes, who is the concurrent anti-smuggling czar, ordered regular checking of CBWs by elements of the Task Force Anti-Smuggling units.
[DatePublished] => 2005-06-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Metro [SectionUrl] => metro [URL] => ) [2] => Array ( [ArticleID] => 268099 [Title] => Government to reduce number of CBWs [Summary] => New Customs Commissioner Bert Lina, said yesterday government will continue to trim the number of Customs bonded warehouses (CBWs), particularly multi-purpose warehouses which are often linked to smuggling.

Lina told reporters that the Bureau of Customs intends to pursue the rationalization and streamlining of CBWs to cut down on smuggling and corruption.

"We will probably keep some of these CBWs, but the foremost question now is whether we need them at all," Lina said. "These CBWs have actual and legitimate use after all."
[DatePublished] => 2005-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 201456 [Title] => BOC issues new rules on bonded warehouses [Summary] => The Bureau of Customs has issued new rules and regulations to rationalize the use and operation of public Customs bonded warehouses (CBWs) to prevent them from being used as smuggling conduits.

Through Administrative Order 2003, Customs Commissioner Antonio Bernardo ordered that the establishment and operation of CBWs shall only be allowed upon determination that the business of a particular port requires such facilities.
[DatePublished] => 2003-04-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1681404 [AuthorName] => Rey Arquiza [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 195596 [Title] => Customs closes more warehouses [Summary] => Customs Commissioner Antonio Bernardo ordered the closure of 430 more bonded warehouses last Friday as part of the government’s drive to rationalize the operations of Customs bonded warehouses (CBWs) in the country and plug tax leaks from smuggling.

Three hundred eight CBWs have been ordered closed since Bernardo started his campaign, the biggest by far in the Bureau of Custom’s drive to rationalize operations of CBWs.

The Customs chief said the bureau is shifting to an industry-specific warehousing system.
[DatePublished] => 2003-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 194970 [Title] => Customs shuts down more warehouses [Summary] => The Bureau of Customs (BOC) ordered yesterday the closure of 91 more customs bonded warehouses (CBWs) tagged as possible conduits for smuggling activities.

Customs Commissioner Antonio Bernardo said the number of closed bonded warehouses now totals 411.

Bernardo reported that 70 of the closed warehouses were registered as private and public, while 12 were registered as customs bonded warehouses (CBWs) for miscellaneous goods and nine were used by garments firms.
[DatePublished] => 2003-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 140415 [Title] => Distressed petrochem sector reels from effects of rampant smuggling [Summary] => The local petrochemical industry joins a growing list of distressed local industries reeling from the adverse effects of unabated smuggling, it was learned yesterday.

The Association of Petrochemical Manufacturers of the Philippines (APMP), a grouping of companies producing plastic resins such as polyethylene, polypropylene, polyvinyl chloride, and polystyrene, stressed the need for government to clamp down hard on technical smuggling, in particular those done using Customs bounded warehouses (CBWs).
[DatePublished] => 2001-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with