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[ArticleID] => 153735
[Title] => Regulate us, but dont kill us!
[Summary] => The biggest auctioneer of imported used heavy equipment and motor vehicles in the country is appealing to the government not to kill the business but instead regulate it to make it grow.
In a position paper sent to The STAR, Dominic Sytin, president of United Auctioneers, Inc. (UAI), said the auction business is nothing but another form of selling that is used in numerous countries including the United States, Japan, Canada, Australia, New Zealand, Singapore, the United Kingdom, Saudi Arabia and even Thailand and Indonesia.
[DatePublished] => 2002-03-13 00:00:00
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[Title] => Car auctions in Subic generate P200 M in taxes
[Summary] => Government has collected P200 million in excise taxes and import duties from the importation of second-hand vehicles through the Subic Bay Freeport, and auctioneers are even more optimistic that the market would grow despite the current political crisis.
Unruffled by protests from local automotive manufacturers, auction operators said their auctions are generating huge revenues for the Bureau of Customs which they said collected a total of P196.3 million from last year up to October this year.
[DatePublished] => 2000-11-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
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RITCHIE BROTHERS
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[ArticleID] => 153735
[Title] => Regulate us, but dont kill us!
[Summary] => The biggest auctioneer of imported used heavy equipment and motor vehicles in the country is appealing to the government not to kill the business but instead regulate it to make it grow.
In a position paper sent to The STAR, Dominic Sytin, president of United Auctioneers, Inc. (UAI), said the auction business is nothing but another form of selling that is used in numerous countries including the United States, Japan, Canada, Australia, New Zealand, Singapore, the United Kingdom, Saudi Arabia and even Thailand and Indonesia.
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[SectionName] => Motoring
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[ArticleID] => 98085
[Title] => Car auctions in Subic generate P200 M in taxes
[Summary] => Government has collected P200 million in excise taxes and import duties from the importation of second-hand vehicles through the Subic Bay Freeport, and auctioneers are even more optimistic that the market would grow despite the current political crisis.
Unruffled by protests from local automotive manufacturers, auction operators said their auctions are generating huge revenues for the Bureau of Customs which they said collected a total of P196.3 million from last year up to October this year.
[DatePublished] => 2000-11-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
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abtest
March 13, 2002 - 12:00am
By Des Ferriols | November 30, 2000 - 12:00am
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