Tag: economic sabotage
-
NBI Levels Serious Charges Against Four in Rice Repacking Fraud
In a significant move against illegal rice trade practices, the National Bureau of Investigation (NBI) has charged four individuals following a raid on a facility in Bocaue, Bulacan. The suspects, including a warehouse manager, two cashiers, and an inventory officer, were apprehended and transported to the Department of Justice on February 12, 2025. The charges…
Written by
-
CIDG Seizes P43 Million in Electronics During Raid in Bulacan
In a significant crackdown on illegal manufacturing and distribution, the Criminal Investigation and Detection Group (CIDG) executed a raid on Hot Screen Electric Corporation in Meycauayan, Bulacan, seizing electronics valued at PHP43.36 million. The operation, named Oplan Megashopper, took place on February 5, 2025, and resulted in the arrest of four individuals, including the Chinese…
Written by
-
Philippine Agriculture Department Considers Price Caps and Penalties for Pork Profiteering
The Department of Agriculture (DA) in the Philippines is actively exploring the implementation of a maximum suggested retail price (MSRP) for pork, alongside potential penalties for profiteering, as announced on January 28, 2025. This move comes in response to the escalating pork prices observed in Metro Manila’s markets. Assistant Secretary Arnel de Mesa of the…
Written by
-
Philippine Agriculture Department Predicts Lower Rice Prices Following Increased Investments
MANILA – The Department of Agriculture (DA) announced on Monday that the recent amendments to the Rice Tariffication Law (RTL) are expected to lower rice prices within the next year or two. The changes, enacted through Republic Act 12078, also known as the Agricultural Tariffication Act, were signed into law by President Ferdinand R. Marcos…
Written by
-
Philippine Authorities Seize P152 Million in Fake Footwear in Pampanga Raid
In a significant crackdown on counterfeit goods, the Criminal Investigation and Detection Group (CIDG) in the Philippines executed a major operation in Pampanga, seizing counterfeit footwear valued at PHP152 million. The operation, carried out on Saturday, involved the CIDG Pampanga Field Unit and local police forces, who acted on search warrants issued by the Manila…
Written by