Tag: BOC

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Excise tax, VAT suspension risks fiscal hole, Senate told

Economy Context.ph Context.ph -
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

Trade & Investments Context.ph Context.ph -
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

Trade & Investments Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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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Central banks must adopt for AI era— BSP chief

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STI Holdings’ assets climb 10% to P18.7B

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STI Education Systems Holdings Inc. (STI Holdings) grew its consolidated assets by 10 percent to P18.69 billion in the financial year ended June 2026, as strong tertiary enrollment and continued investments in campus infrastructure and education technology supported its financial performance.

Monde Nissin trims capex, targets premium noodle market growth

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Monde Nissin Corp. has reduced its 2026 capital expenditure budget to P5.4 billion from about P6.5 billion, prioritizing a new biscuit manufacturing plant in Northern Luzon as it navigates softer noodle volumes and intensifying competition from premium imports.

ERC issues show cause orders against power firms over excessive unplanned outages

Energy & Mining 0
The Energy Regulatory Commission (ERC) has stepped up its drive to keep electricity supply steady, issuing 24 show cause orders to 13 power generation companies whose facilities repeatedly went offline beyond allowed limits. Released on October 14, 2026, these orders require the firms to submit verified explanations on why their units exceeded the allowable equivalent unplanned outage limits set under existing reliability rules.

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