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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Philippine startup funding doubles as deal activity falls

Philippine startup funding more than doubled in the first half of 2026, but a shrinking number of transactions revealed a market increasingly reliant on a few large deals rather than broad-based investor participation.

BCDA, AG&P explore LNG power, AI infrastructure development

The Bases Conversion and Development Authority (BCDA) has partnered with Singapore-based Atlantic, Gulf and Pacific (AG&P) Group to study the potential development of a liquefied natural gas (LNG)-powered plant and artificial intelligence-ready digital infrastructure in New Clark City, as the emerging economic hub seeks to accommodate more technology-intensive industries.

DigiPlus abandons New Zealand license bid

DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

New DICT chief De Claro vows to fast-track PH digital transformation

Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

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