Tag: duty-free

Teo says purchased, withdrawn Duty Free items for “corporate accounts”

(Eagle News) — Tourism Secretary Wanda Teo disputed on Wednesday, Aug. 15, the Commission on Audit report she had withdrawn goods and made luxurious purchases of items for herself from Duty Free stores. In a television interview, Teo said the withdrawn items–which COA said amounted to P2.17 million–and purchased items–allegedly amounting to P346,446.80–were for “corporate accounts.” “When somebody would solicit from me, there’s a golf tournament, ‘Kailangan namin ng refrigerator, TV’, you give them. And then […]

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COA: Teo, former Tourism exec withdrew P2.5 million worth of Duty Free goods

(Eagle News) — Resigned Tourism Secretary Wanda Teo and a former Tourism official ordered the withdrawal of almost P2.52 million worth of goods from Duty Free in 2017, the Commission on Audit found. According to COA, Teo issued memos for the withdrawal of P43,885 worth of items, while Undersecretary for Administration and Special Concerns Rolando Cañizal ordered the withdrawal of items worth P1.37 million. According to COA, Duty Free also withdrew items for the Tourism Department […]

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PH exports benefit from duty-free access to the European Union

MANILA, Jan. 7 — Philippine exports enjoy duty-free access into the European Union (EU) market last December 25, 2014 through the Union’s “tariff preferences under the special incentive arrangements for sustainable development and good governance”, more popularly known as the Generalized System of Preferences Plus (or GSP+). GSP+ privileges extend duty-free access to Philippine exports in 66 per cent of all product tariff lines, including fisheries products and garments. The grant of GSP+ privileges is […]

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