LTO chief, Assistant Secretary Vigor D. Mendoza II The Land Transportation Office (LTO) collected at least P8.3 billion in revenue in the first three months of this year. LTO chief, Assistant Secretary Atty. Vigor D. Mendoza II said the...
State coffers from the Bureau of Customs (BOC) continued to improve in May as it grew by 4.9 percent compared to last year. The BOC reported that it collected over P81.75 billion in revenues last month, surpassing the target of P79.62 billion by 2.6 percent and the P77.92 billion collected in May...
Revenue collection by the Bureau of Customs (BOC) grew by seven percent from January to May of this year. During the Department of Finance's Executive Committee meeting, BOC Commissioner Bienvenido Y. Rubio reported that its revenue performance increased to P330.27 billion as of May 13. This...
The Bureau of Customs collected over P75.4 billion in March, surpassing its target anew on the back improvements in import valuations. In a statement, Customs Commissioner Bienvenido Y. Rubio said that last month’s collection exceeded the P72 billion target by 3.45 percent. The robust performance...
Vice President Sara Duterte called for enhanced fiscal discipline and effective revenue collection, saying these are drivers of economic and social growth both in the context of local government and national development goals. Vice President Sara Duterte (Noel Pabalate / MANILA BULLETIN) In...
Philippine Ports Authority General Manager Jay Daniel Santiago The strategic financial reforms in the Philippine Ports Authority (PPA) again paid off in 2023 with the agency earning a total of P25.4 billion in revenues which reflected a more than 99...
The Land Transportation Office (LTO) has set a P43 billion revenue collection this year in the form of aggressive information drive and implementation of strategies that will convince more delinquent vehicle owners to renew their registration and for others to renew their registration on time. LTO...
Senator Sherwin Gatchalian said the government should address illicit trade in order to generate higher revenue collection and provide some relief for its limited fiscal space. Gatchalian made the appeal during the recent Development Budget Coordination Committee (DBCC) briefing in the...
Senator Francis “Chiz” Escudero on Monday, August 14 reiterated his call for the government to first prioritize improving its collection before pursuing any plan to raise or impose new taxes. Sen. Francis "Chiz" Escudero (Senate PRIB Photo) Escudero pointed out Filipino...
The Land Transportation Office-National Capital Region (LTO-NCR) has collected more than P4.5 billion revenue for the second half of this year, which it said, reflected an increase compared to the same period in 2022. LTO-NCR director Roque Verzosa said the P4,551,670,401.06 revenue collection from...
The Bureau of Customs (BOC) reported Friday, June 2, that it has collected P77.793 billion in revenue in May which surpassed its collection target for the said month. *BOC Commissioner Bienvenido Y. Rubio (File photo) * The collection was P5.443 billion or 7.52 percent bigger than the collection...
The Bureau of Customs (BOC) has surpassed its revenue collection target four days before the end of January this year. In a statement, BOC Commissioner Yogi Filemon Ruiz said the target revenue collection for January is P58.822 billion but on Jan. 27. he said the revenue collection was already at...
