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Fighting illicit trade: Unravelling what’s beneath the tip of the iceberg

Business Mirror LogoBusiness Mirror15h ago

Fighting illicit trade: Unravelling what’s beneath the tip of the iceberg - Business Mirror

Quick Summary:

While I’m happy to note that there has been some success in the fight against smuggling and other forms of illicit trade recently initiated by the Federation of Philippine Industries (FPI) in coordination with concerned government agencies, heavier tasks are still ahead of us because we are barely seeing the tip of the iceberg when it comes to these white-collar crimes at this time.

Palm olein is a derivative of palm oil that was fractionated to make it “more fit” for human consumption.

Then BIR Commissioner Kim Henares issued a ruling that to be eligible for an exemption, any imported ingredient for animal feeds compounding should be “unfit for human consumption or that the ingredient cannot be used for the production of food for human consumption as certified by the FDA.


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Article Details

Author / Journalist: Dr. Jesus Lim Arranza

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 16:02:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1037 words

Reading Time: 6 minutes read

Sentences: 37 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 26088591

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 86 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 15 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

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The story "Fighting illicit trade: Unravelling what’s beneath the tip of the iceberg" was covered 15 hours ago by Business Mirror, a news publisher based in Philippines.

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It's most recent story was published 15 hours ago.

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