Buyers of imported second-hand cars and vans have begun canceling orders in what vehicle dealers said was the aftermath of the controversial Supreme Court ruling that banned the importation of used cars at the Cagayan Special Economic Zone and Freeport (CSEZFP).
For people unfamiliar with the Cagayan Special Economic Zone and Freeport (CSEZFP) here, every mention of this free port, as well as the government agency that is tasked to manage and supervise its operations, brings to mind a visual comparison with the more familiar Subic Bay Freeport in Zambales.
A day before Customs Commissioner Ruffy Biazon was scheduled to have a firsthand look at the used-car importation trade at the free port here, Senate President Juan Ponce Enrile on Tuesday visited the coastal town of Lal-lo to test its new runway.
Customs Commissioner Ruffy Biazon on Thursday ordered customs personnel in Port Irene to stop the release of more than 200 used cars and vans that arrived on Monday at the free port in Sta. Ana, Cagayan province.
A gaming firm based in the Cagayan Special Economic Zone and Freeport on Wednesday filed administrative charges against policemen who raided the firm’s betting stations last week. In a complaint filed with the National Police Commission (Napolcom), Meridien Vista Gaming Corp. (MVGC) officer in charge Joessie Mullon accused National Capital Region Police Office (NCRPO) Director [...]
