Tag: BOC

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Excise tax, VAT suspension risks fiscal hole, Senate told

The Philippine government could forgo as much as P272.83 billion in revenues in 2026 if excise taxes and value-added tax (VAT) on fuel imports are suspended, according to estimates presented by the Bureau of Customs (BOC) during a Senate hearing on March 11.

BOC launches E-CP platform for vehicle imports

The Bureau of Customs (BOC) has rolled out a fully automated Electronic Certificate of Payment (e-CP) System aimed at simplifying compliance and accelerating the processing of motor vehicle imports, a move welcomed by major industry groups that rely heavily on predictable customs procedures.

SLCT upgrade recasts South Luzon trade

The Bureau of Customs–Port of Batangas is betting big on the expansion of the South Luzon Container Terminal (SLCT), framing it as a transformative play for Southern Luzon’s trade corridor.

Customs embarks on full digital shift

The Bureau of Customs (BOC) is doubling down on digital reform, placing a new Customs Processing System (CPS) at the center of efforts to make trade faster, cleaner, and more predictable for importers—especially the country’s biggest players.

Off-dock returns pitch targets Manila port jam

A proposal to move empty containers off-dock could relieve pressure at the Manila International Container Port, with the United Port Users Confederation of the Philippines urging the Bureau of Customs to redirect haulers to private depots.

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Philippines eyes $110B chip exports amid funding push

The Department of Trade and Industry (DTI), through the Board of Investments (BOI), has unveiled a roadmap to raise the Philippines’ semiconductor and electronics exports to USD110 billion annually by 2030, as it seeks to strengthen the country’s position in the global supply chain.

Philippines maps 3-tier strategy to attract investments

The Philippines is positioning itself as a regional hub for smart, sustainable, and innovation-driven industries under the draft 2025–2028 Strategic Investment Priority Plan (SIPP), which outlines priority investment areas across a three-tier system.

Eala’s Linz run ends, lessons begin on clay

Filipino tennis fans were hoping good things come in threes. Alex Eala instead got a reminder that in tennis, past wins do not always travel well across surfaces.

Tamban oversupply in Sorsogon resolved after Holy Week plant closures

The Bureau of Fisheries and Aquatic Resources (BFAR) said the recent spoilage of tamban (sardines) in Bulan, Sorsogon has been resolved after fish processing plants resumed operations.

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