• 3 days ago
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Transcript
00:00Another news, more than 40 million pesos worth of smuggled sugar was smuggled from Vietnam
00:07by the Bureau of Customs.
00:09According to the Sugar Regulatory Administration, this has an effect not only on the government's income
00:14but also on the sugar producers in the country.
00:18Witness, Bernadette Reyes.
00:2010,000 bags of smuggled sugar were smuggled from Vietnam to the Port of Subic.
00:31The Bureau of Customs issued a notice on a random inspection this March.
00:35On the label of the bags, it is written 88% sugar and 12% glucose.
00:40But on the paper, it is written sweet mix powder.
00:44But based on the physical examination of the Bureau of Customs, the bags contain sugar.
00:49The bag said it was sugar.
00:54Then, they put a paper label saying it's glucose and something else.
00:59So, the Customs held it.
01:02The Bureau of Customs is still under testing to make sure.
01:05According to the Sugar Regulatory Administration,
01:07aside from the possibility of it damaging the country's supply,
01:11the government's income will also be lost.
01:13Based on the SRA's estimate, the shipment of more than 42 million pesos
01:18will be sold in retail.
01:20It was imported to be sold again.
01:23So, that's where it will hit our sugar market.
01:27It disrupts the demand for the local produce, actually.
01:31So, our farmers will be affected.
01:33The SRA assured that the bags will be returned
01:37if they are proven to be smuggled.
01:39At present, the products are still on hold in the BOC.
01:43For GMA Integrated News, Bernadette Reyes, your witness.
01:48Mga Kapuso, maging una sa saksi!
01:51Mag-subscribe sa GMA Integrated News sa YouTube para sa ibat-ibang balita.

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