Tag: Bureau of Customs
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Philippine budget deficit widens sharply in July
The Philippine government’s budget deficit widened sharply in July as spending surged to support major programs and infrastructure projects, outpacing a modest increase in revenues.
Toyota PH remits P23.66B to customs
Toyota Motor Philippines Corp. (TMP) remitted P23.66 billion in customs duties and taxes in the first seven months of 2026, emerging as the biggest revenue contributor to the Bureau of Customs-Port of Batangas (BOC-POB).
Top importers flag BOC clearance, processing delays
Major importers in the Philippines have raised concerns over import clearances, processing delays, and coordination among Bureau of Customs offices, prompting the agency to create a more structured system for resolving operational issues affecting large businesses.
PCCI urges joint order to ease logistics costs, port congestion
The Philippine Chamber of Commerce and Industry is pressing the government to quickly issue a Joint Administrative Order aimed at curbing soaring logistics costs and easing port congestion, warning that delays could further squeeze businesses and consumers as cargo volumes rise later this year.
Customs chief threatens dismissal over seized cigarette theft
The Bureau of Customs (BOC) has tightened security over confiscated illicit cigarettes after reports of attempted theft, with Commissioner Ariel F. Nepomuceno warning that any personnel involved in pilferage or unauthorized removal would face immediate dismissal and criminal prosecution.
