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BOC surpasses May target collection by P11-B

MANILA-The Bureau of Customs (BOC) has reported a surplus of PHP11.76 billion from its May 2022 target collection. Based on the preliminary report from its Financial Service, the bureau collected PHP68.24 billion last month, which is 20.8 percent higher than its target revenue of PHP56.47 billion. It added that 15 of the 17 collection districts have exceeded their targets for May - the ports of San Fernando, Manila, Batangas, Legaspi, Iloilo, Cebu, Tacloban, Cagayan de Oro, Zamboanga, Davao, Subic, Clark, Aparri, and Limay, as well as the Manila International Container Port. To date, the bureau has collected PHP322.47 billion since January, reflecting 47.5 percent of the 2022 annual target collection of PHP679.22 billion. In a statement, the BOC attributed its positive performance this year to improved valuation, intensified collection efforts, measures preventing revenue leakage, and the country's recovering economy. Despite the performance, the BOC said it maintained its border s ....

Manila International , Philippines General , Batangas City , Davao City , Iloilo City , Cagayan De Oro , San Fernando , Rey Leonardo Guerrero , Financial Service , Bureau Of Customs , Manila International Container Port , Manila International Container , Commissioner Rey Leonardo Guerrero , Manila The Bureau Of Customs Boc Has Reporteda Surplus Php11 76 Billion From Its May 2022 Target Collection Based On Preliminary Report Financial Service , He Bureau Collected Php68 24 Billion Last Month , Hich Is 20 8 Percent Higher Than Its Target Revenue Of Php56 47 Billion It Added That 15 The 17 Collection Districts Have Exceeded Their Targets For May Ports San Fernando , Cagayan De Oro , Nd Limay , S Well As The Manila International Container Port To Date , He Bureau Has Collected Php322 47 Billion Since January , Eflecting 47 5 Percent Of The 2022 Annual Target Collection Php679 22 Billion Ina Statement , He Boc Attributed Its Positive Performance This Year To Improved Valuation , Ntensified Collection Efforts , Easures Preventing Revenue Leakage , Nd The Country 39s Recovering Economy Despite Performance , He Boc Said It Maintained Its Border Security Measures Against Undervaluation ,

ICTSI doubles capex to $330 million this year

ICTSI doubles capex to $330 million this year
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Manila International , Philippines General , Enrique Razon , Manila International Container Terminal , International Container Terminal Services Inc , International Container Terminal Services , Democratic Republic , Manila International Container ,