The national government’s fiscal deficit reached ₱786.8 billion in the first half of the year, widening from the ₱765.5 billion shortfall recorded in the same period in 2025 as state spending outpaced revenue growth. Despite the year-on-year increase, the Bureau of the Treasury (BTr) noted in...
Bureau of Customs (BOC) Commissioner Ariel F. Nepomuceno has ordered to maintain round-the-clock surveillance in a bid to prevent illicit activities concerning seized cigarettes particularly at Manila and Cebu ports. Formalized in a memorandum dated July 20, the directive outlines an urgent...
Bureau of Customs (BOC) Commissioner Ariel F. Nepomuceno has ordered officials of the country ’s second largest revenue agency to intensify the crackdown on all forms of smuggling, with particular focus on the illegal trade in oil and agricultural products. “You are hereby directed to further...
Customs Commissioner Ariel Nepomuceno personally inspected on Wednesday, July 15, the Paircargo facility at Ninoy Aquino International Airport (NAIA) Terminal 1 to assess cargo congestion following the closure of a warehouse to make way for the construction of the new NAIA Terminal 4. He was...
Cabinet-level interagency Development Budget Coordination Committee (DBCC) has lowered the revenue goal for the Bureau of Internal Revenue (BIR) for this year but raised the target for the Bureau of Customs (BOC), in tandem with the downgraded economic growth outlook. According to data disclosed by...
CEBU CITY – The Bureau of Customs (BOC)-Port of Cebu exceeded monthly and cumulative revenue collection targets under former District Collector Alexandra Yap-Lumontad. In its summary of key accomplishments, the port said that through its strong revenue collection, trade facilitation, border...
Senate Committee on Energy Chairperson Senator Erwin Tulfo wants answers from Bureau of Customs (BOC) officials regarding the alleged smuggling of oil products into the country. As such, the neophyte senator plans to summon agency representatives to appear before the Senate and address the issue,...
Nearly ₱1 billion worth of illegal cigarettes concealed in 25 container vans have been intercepted by the Bureau of Customs (BOC) in Mandaue City, Cebu on Thursday, July 2, marking the country’s second-largest tax collection agency’s major seizures under its intensified campaign against...
Today’s piece is a reflection on the fuel marking program (FMP), a topic that is the current buzz in business circles and one close to my heart as a chemist by education and a nosy journalist by profession. That’s right, Virginia, I’m joining the fray. I will try to go deep into the...
To address concerns over electronic waste entering Port of Subic, the Bureau of Customs (BOC) has called for a meeting with various government agencies, including the Department of Environment and Natural Resources (DENR). In a statement on Saturday, June 27, the BOC said the meeting follows public...
The Philippines’ more-than-three-decade-old devolution program remains incomplete, with local government units (LGUs) and national agencies continuing to share responsibilities for many basic services despite the 1991 Local Government Code (LGC), according to state-run policy think tank...
Combined forces from various government agencies intercepted an estimated P1.7 billion worth of suspected smuggled cigarettes in a joint operation in Tondo, Manila, it was announced on Tuesday, June 23. Twenty-three containers out of 24 tracked were seized by the Philippine Coast Guard (PCG),...
