The American Chamber of Commerce of the Philippines (AmCham) is pushing for reforms to make the new policy of the Bureau of Customs (BOC), which provides temporary relief to foreign cable-laying and repair vessels, more responsive to business demands. In a statement on Friday, May 29, AmCham...
Here is the copy-edited version of the article. The tone remains objective, journalistic, and formal, but the flow has been tightened, punctuation corrected (including missing period at the end of the lead), and repetitive phrasing streamlined. BOC Seizes ₱841-M Worth of Counterfeit Luxury Goods...
The national government’s (NG) usual April budget surplus shrank by more than half this year after the annual income tax returns (AITRs) filing and payment deadline was extended by one month due to the national energy emergency, although revenues were partly supported by millions of pesos in...
The Bureau of Customs (BOC) has issued new rules streamlining the temporary admission of foreign cable-laying and repair vessels, as the government moves to facilitate submarine cable and offshore energy projects deemed critical to the country’s digital and energy infrastructure. Under the...
As the Bureau of Customs (BOC) targets the rollout of a new top importers office (TIO) by the third quarter of 2026, Manila Bulletin has learned that the bureau is eyeing up to 2,000 major importers that account for nearly three-fourths of annual revenues of the country ’s second largest...
The Bureau of Customs (BOC) has transitioned to a three-year validity period for all customs broker registrations, a move aimed at strengthening regulatory oversight and purging non-compliant practitioners from the system. Customs Commissioner Ariel F. Nepomuceno said in a statement over the...
The Bureau of Customs (BOC) collected ₱328.8 billion in the first four months of 2026, outperforming its revenue targets as major shipping hubs and airports saw a surge in trade activity and improved operational efficiency. According to data from the Bureau of the Treasury, the BOC’s total...
Smuggled cigarettes and raw tobacco materials worth ₱3.3 billion were confiscated by the Bureau of Customs (BOC) in Agusan del Norte province during a major operation aimed at curbing illicit trade that has been eroding government revenues in recent years. The seizure, involving 54 container...
Containerized rice import shipments must be prioritized for discharge, the Bureau of Customs (BOC) ordered, granting the Philippine Rice Importers Association Inc. (PRIA) faster port processing to speed up the release of rice cargoes. BOC Commissioner Ariel F. Nepomuceno, through a memorandum...
The Bureau of Customs (BOC) collected ₱86.4 billion in April, beating its monthly target despite regional instability and tax relief measures that threatened to erode the agency’s revenue base. April collections exceeded the month’s target by ₱7.8 billion, pushing the cumulative collections...
The Bureau of Internal Revenue (BIR) seized 19 motor vehicles on Wednesday, April 29, stepping up its tax enforcement against a high-profile construction group and its owners. In a statement, BIR said the operation, conducted in coordination with the Bureau of Customs (BOC), targeted assets linked...
As the country’s second-largest tax collection agency takes on the challenge of reaching an elusive ₱1 trillion this year, the Bureau of Customs (BOC) has taken a major step to improve its operations by mandating that all revenue-generating auctions and condemnation activities be broadcast...