TODAY'S BUSINESS HEADLINES

Bangko Sentral concedes BOP to end year in the red 21-Nov-14, 7:07 PM | Scarlet Venilia, InterAksyon.com

Ayala's semiconductor unit prices maiden share sale below the ceiling 21-Nov-14, 5:03 PM | Krista Angela M. Montealegre, InterAksyon.com

Bargain hunters push up PH stock index at week's close 21-Nov-14, 4:27 PM | Krista Angela M. Montealegre, InterAksyon.com

Pure Foods acquires maker of La Pacita biscuits 21-Nov-14, 2:11 PM | Krista Angela M. Montealegre, InterAksyon.com

Business confidence for the fourth quarter hits highest in more than four years 21-Nov-14, 11:27 AM | Scarlet Venilia, InterAksyon.com

DTI blacklists 8 more 'balikbayan' box forwarders

Photo from thepinoywarrior.com

InterAksyon.com means BUSINESS

MANILA - Just two weeks before Christmas, the Department of Trade and Industry-Philippine Shippers' Bureau revoked the accreditation of a cargo forwarder as well as blacklisted another seven companies.

In an updated advisory dated December 7, the DTI-PSB said it has removed D' Winner Logistics Philippines Inc from the list of accredited freight forwarding firms after it failed to deliver “balikbayan” boxes to their intended recipients.

The agency advised Filipinos abroad as well as consignees in the country to "refrain from doing business" with the said company, which has violated certain provisions of the "Rules on Freight Forwarding" under PSB Administrative Order No. 6, series of 2005.

The DTI-PSB likewise warned the public against dealing with unaccredited freight forwarders that have been issued formal charges by the agency. Added to the previous 28 in the November 23 advisory were seven companies, namely:

- D' EEC Freight Forwarder and Logistics;

- Diaz Cargo Services;

- Forex Cargo Philippines Inc;

- Sir2Go Forwarders;

- Skyland Brokerage Inc;

- The Filipino Cargo International; and

- UMAC Forwarders Express Inc.

The Filipino Cargo International servicing Filipinos in Kuwait was likewise included in the blacklist of foreign principals/cargo consolidators that have been blacklisted because of undelivered “balikbayan” boxes.

Sir Cargo Forwarders (Saudi Arabia), meanwhile, has been removed from the blacklist after it delivered the cargo that was the subject of the complaint against it.

The DTI-PSB continues to enjoin consumers and consignees with complaints concerning damaged, pilfered or lost "balikbayan" boxes to report or file a written complaint to the agency through fax (02)751-3305 or e-mail dti_psb@yahoo.com.ph or call DTI Direct (02)751-3330.

OTHER BUSINESS STORIES
BREAKING NEWS