Monday, September 19, 2011

News Update Philippines seizing 'record amounts' of fake goods

MANILA (AFP) - The Philippines is seizing record amounts of fake goods, most of them from China, showing the government's commitment to enforcing intellectual property rights, a government watchdog said on Monday.

In the first eight months of 2011, over 3.8 billion pesos (S$108.8 million) worth of counterfeit products were picked up, 62 per cent up from the same period last year.

Seizures of counterfeit goods this year are easily expected to top the record haul of 5.68 billion pesos recorded in 2009, said Chester Singco, head of the inter-agency secretariat on intellectual property enforcement.

'As reported to us and based on confiscations... most of the fakes come from China. But there are reports of more items coming from Malaysia,' he told AFP