Tag: BOC

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Customs collections top Q1 target, hit P239B 

The Bureau of Customs (BOC) raised P239.05 billion in revenues in the first quarter, beating its internal goal by 1.3 percent and higher by 3.3 percent from a year earlier, according to preliminary data.

BOC reforms ease trade, boost exporter growth

The Bureau of Customs (BOC) is rolling out reforms aimed at helping Philippine exporters navigate current challenges while positioning them for sustained long-term growth, the Export Development Council (EDC) said Sunday, April 5.

US flags graft, barriers at Philippine customs

Bribery, corruption, and persistent trade barriers at the Bureau of Customs (BOC) have been flagged by the United States Trade Representative (USTR) in its latest National Trade Estimate (NTE) report released March 31.

BOC, DTI seize P1.4B illicit vapes

Authorities have confiscated up to P1.4 billion worth of illicit vaporized nicotine products in a warehouse raid in Navotas City, marking one of the largest recent enforcement actions against the country’s underground vape trade.

Ports, proximity shape Philippines’ diverging trade flows

The Bureau of Customs’ 2025 lists of top importers at the Port of Batangas and the Manila International Container Port (MICP) reveal more than a split in economic roles—they show how location dictates the direction, speed, and cost of trade.

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NGCP raises yellow alert over Visayas grid for seventh time this month

The Visayas power grid was placed under a yellow alert today, Tuesday, marking the seventh alert issued in the region this month due to ongoing power plant outages and reduced electricity supply.

NGCP gets ERC nod for Laoag power stability project

The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) proposed P2.79-billion Laoag power quality improvement project in Ilocos Norte.

TPB secures ₱339.76 million in tourism leads from India roadshow

The Philippines generated ₱339.76 million in sales leads after a three-city tourism sales mission in India following its participation in the Outbound Travel Market (OTM) 2026 in Mumbai.

Foreign reserves stay strong at $104.3 billion despite April payments gap

The country’s foreign currency reserves remained strong at the end of April 2026, even as the country recorded a wider gap between money flowing in and out of the economy.

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