5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Economic sabotage prosecutions making slow progress — DA

by
September 1, 2025
in Stock
0
Economic sabotage prosecutions making slow progress — DA
PHILIPPINE STAR/EDD GUMBAN

THE Department of Agriculture (DA) said prosecutions for economic sabotage are going slowly, blunting the law’s deterrent effect.

Agriculture Secretary Francisco P. Tiu Laurel, Jr. said in a statement submitted to a Senate hearing that the Anti-Agricultural Economic Sabotage Council has been slow to act.

“You have all the information to find cases of economic sabotage. Why is nothing happening? The President himself said so six, nine months ago,” Mr. Laurel told the Senate committee on agriculture, food and agrarian reform.

He said in light of the dearth of prosecutions, he is seeking greater powers for the DA to initiate smuggling prosecutions on its own.

The Anti-Agricultural Economic Sabotage Act (Republic Act 12022) defines economic sabotage as a separate crime if the value of smuggled farm goods exceeds P10 million.

Mr. Laurel called economic sabotage prosecutions “low-hanging fruit” and described the attention being paid to the National Single Window — a streamlined trade permit processing portal — as misdirected in light of three pending cases involving shipments to Subic, Baco, Oriental Mindoro and Talisay, Cebu, which is the site of one of the province’s container terminals.

“When will these be charged. Because we can discuss everything… — fix this, fix that, but it’s been ten (months),” he said.

He added that the Philippine Coast Guard has adequate powers to initiate smuggling prosecutions but has not exercised them.

“We have three cases, can we just get an update? For the Coast Guard, my understanding is that the Coast Guard is you are part of the council. You have the power, you can file a case.”

Separately, the DA said in a statement that the DA’s Inspectorate and Enforcement office conducted 182 anti-smuggling operations between January 2024 and July 2025, leading to the confiscation of P3.78 billion worth of agricultural and fishery products.

In 2024, it tallied P2.8 billion worth of seizures of smuggled products. This year so far, 111 operations were conducted yielding P953 million worth of seizures.

“We’ve blacklisted 20 importers under my watch — 13 of whom were operating without licenses,” Mr. Laurel said.

Mr. Laurel called RA 12022 “a step in the right direction, but without enforcement powers, our hands are tied. We cannot fully protect our farmers and fisherfolk.” — Andre Christopher H. Alampay

Previous Post

Gov’t disburses first nine loans for tourism MSMEs

Next Post

‘Covered persons’ warned to transact only with registered gambling entities

Next Post
‘Covered persons’ warned to transact only with registered gambling entities

‘Covered persons’ warned to transact only with registered gambling entities

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Smart glasses and AI apps backed to transform mental health care in the UK

    Smart glasses and AI apps backed to transform mental health care in the UK

    September 11, 2025
    Jobless rate hits 3-year high in July

    Jobless rate hits 3-year high in July

    September 10, 2025
    June FDI net inflows sink to six-month low

    June FDI net inflows sink to six-month low

    September 10, 2025
    Meralco rates decline in September on lower generation charge

    Meralco rates decline in September on lower generation charge

    September 10, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.