Following his official assumption of office, Finance Secretary Ralph G. Recto wants to hold a series of meetings with the officials of all attached agencies and bureaus of the Department of Finance (DOF) this week. On Monday, Jan. 15, Recto immediately led briefings with key DOF offices following...
The Bureau of Customs (BOC) exceeded its target for last year due to increased efforts in revenue collection, anti-smuggling measures, and improvements in trade facilitation through digitalization projects. Data from the Department of Finance (DOF) showed that the BOC, which is the government's...
Officials from the Bureau of Customs (BOC) participated in a training that aimed to enhance their compliance with international trade requirements, specifically the implementation of a risk analytics strategy. The Customs and European Union-funded ARISE Plus Philippines organized the "Integrated...
The Bureau of Customs (BOC) reported that it is currently tracking four tankers involved in the recent smuggling of 158,000 liters of unmarked fuel, valued at over P141 million, in Mariveles, Bataan. Previously, Customs seized more than 16 freight trucks and a tanker ship at a private port in...
The Bureau of Customs has confiscated eight kilograms of illegal drugs in Clark, Pampanga, and apprehended the consignee in Cavite. In a statement on Tuesday, Dec. 26, Customs announced that the Port of Clark intercepted 8,126 grams of Shabu, valued at P56.07 million. Customs said the...
Amid the holiday rush, the Bureau of Customs (BOC) thwarted the smuggling of unmarked fuel in Bataan and seized the motorized tanker used to transport the illicit cargo. In a statement, the Customs bureau reported that about 146,000 liters of unmarked fuel were intercepted in Mariveles, Bataan on...
The Development Budget Coordination Committee (DBCC) has increased its government revenue projection for this year due to stronger-than-expected collections and higher income from the customs and treasury bureaus. The DBCC, an interagency body responsible for setting the government’s...
The Bureau of Customs, the government's second largest tax agency, is confident in meeting its full-year collection target owing to enhanced efficiency. Customs Commissioner Bienvenido Y. Rubio expressed confidence in the attainability of raising at least P60.55 billion in December to meet the...
Over P805,200 worth of marijuana declared as “replacement filter” was seized in the Port of Clark, the Bureau of Customs (BOC) reported. In a statement, BOC said that the 488 grams of marijuana were contained in a parcel which undergone x-ray scanning and K9 sniffing. Results showed dried...
ZAMBOANGA CITY – The Bureau of Customs destroyed smuggled cigarettes worth P323 million in warehouse here on Thursday, November 30. ZAMBOANGA City Mayor John Dalipe and Bureau of Customs Port of Zamboanga District Collector Arthur Sevilla during the destruction of smuggled cigarettes in Zamboanga...
The country's ranking as second best in trade facilitation among its Southeast Asian peers was the fruit of the Bureau of Customs’ (BOC) progress in modernizing customs administration and enhancing trade facilitation, Department of Finance Secretary Benjamin E. Diokno said. Based on the 2023...
The Department of Finance (DOF) is optimistic that the government will be able to exceed its full-year revenue target by generating around P1 trillion in the final three months of the year. Finance Secretary Benjamin E. Diokno said he expects the national government's total revenue collection for...