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THE digitalization efforts and anti-smuggling drive of the Bureau of Customs (BOC) allowed the agency to exceed its collection targets for the year. BOC said its collections reached P883.624 billion as of December 31, 2023. This was 1.08-percent or P9.459-billion higher than the P874.166-billion target. This also presented a 2.46…
BOC surpasses revenue target, collects over P813B in 11 months, on track to meet 2023 goal. Digitalization and partnerships drive success. Commissioner attributes improved performance to stringent revenue collection, streamlined procedures, and heightened security measures. UN survey ranks Philippines second-best in digital and sustainable trade facilitation. BOC's digitalization initiatives include e-Travel System, Automated Export Declaration System, and Customs Auction Monitoring System. Collaboration with agencies strengthens trade facilitation.