Tag: illicit trade

  • Senator Urges Stronger Action Against Smugglers Amid Low Conviction Rates

    In a recent Senate hearing, Senator Sherwin Gatchalian expressed frustration over the low rate of convictions for smuggling and illicit trade, urging the Department of Finance (DOF) and its agencies to enhance their efforts. Gatchalian emphasized the need for the DOF, along with the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC),…

  • House Passes Two Bills to Combat Tobacco Smuggling and Tax Evasion

    In a significant move to address the growing issues of tobacco smuggling and tax evasion, the House of Representatives has successfully passed two crucial bills. The first, House Bill 11360, aims to revise the National Internal Revenue Code by implementing structured tax increases on tobacco products. This bill passed with a strong majority, receiving 190…

  • Philippines Targets 45.6 Million Kilograms of Leaf Tobacco for 2025

    The National Tobacco Administration (NTA) has set a goal to produce 45.6 million kilograms of leaf tobacco in the Philippines for 2025, an increase from the 42.2 million kilograms in 2023 and 45.4 million kilograms in 2024. This announcement was made by NTA Deputy Administrator for Operations Nestor Casela during the International Tobacco Agricultural Summit…

  • Philippines Aims for 45.6 Million Kilograms of Leaf Tobacco in 2025

    The National Tobacco Administration (NTA) has set a target of 45.6 million kilograms for the Philippines’ leaf tobacco production in 2025, as announced during the International Tobacco Agricultural Summit held in Quezon City. This goal marks an increase from the 42.2 million kilograms produced in 2023 and the 45.4 million kilograms in 2024. Nestor Casela,…

  • Senator Gatchalian Proposes New Measures to Combat Illicit Trade of Cigarettes and Vaping Products

    Senator Sherwin Gatchalian has announced his intention to introduce new strategies to tackle the illegal trade of cigarettes and vaping products, aiming to curb significant government revenue losses and mitigate health risks linked to smoking and vaping. The Bureau of Internal Revenue (BIR) has reported a projected revenue shortfall of PHP40 billion from 2021 to…

  • Senator Gatchalian Proposes New Measures to Combat Illicit Trade of Cigars and Vaping Products

    Senator Sherwin Gatchalian has announced his intention to develop strategies to tackle the illegal trade of cigarettes and vaping products, aiming to mitigate the government’s revenue shortfall and address the health hazards linked to smoking and vaping. According to data from the Bureau of Internal Revenue (BIR), the government anticipates a revenue loss of PHP40…

  • Illicit Cigarette Trade Fuels Smoking Surge and Revenue Decline in the Philippines

    In a recent crackdown, authorities in Leon B. Postigo, Zamboanga del Norte, seized smuggled cigarettes valued at PHP7.79 million on January 14, 2025. This seizure underscores a broader issue highlighted by the Senate Committee on Ways and Means, which has identified illicit trade as a significant contributor to the increased smoking rates and diminished tax…