Tag: Bureau of Customs

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BOC posts record July collections amid stronger enforcement

Trade & Investments Context.ph Context.ph -
The Bureau of Customs (BOC) collected a record P95.848 billion in July, its highest monthly revenue haul on record, as stronger customs enforcement and improved trade facilitation continued to bolster government revenues.

PCCI urges customs reforms to ease NAIA cargo bottlenecks 

Transport & Logistics Context.ph Context.ph -
The Philippine Chamber of Commerce and Industry (PCCI) is pushing a series of customs reforms to unclog cargo operations at Ninoy Aquino International Airport (NAIA), warning that persistent delays threaten one of the country's biggest export engines—the semiconductor and electronics industry.

BOC forms task force to clear NAIA cargo bottlenecks

Transport & Logistics Context.ph Context.ph -
The Bureau of Customs (BOC) has launched a two-pronged effort to ease cargo congestion at the Ninoy Aquino International Airport (NAIA), combining immediate operational measures with an interagency task force aimed at resolving long-standing bottlenecks across the country's major ports and airports.

FPI backs Customs reforms, seeks stronger industry partnership

Trade & Investments Context.ph Context.ph -
The Federation of Philippine Industries (FPI) said reforms at the Bureau of Customs (BOC) are giving manufacturers a lift, citing tougher anti-smuggling enforcement, faster trade processing and stronger revenue collection as key drivers of a more competitive business environment.

Mitsubishi Motors lands to importer revenue rank

Transport & Logistics Context.ph Context.ph -
Mitsubishi Motors Philippines Corp. has secured a spot among the country’s largest importers, ranking seventh on the Bureau of Customs’ Top 10 Importers list for 2025 after paying P13.19 billion in duties and taxes.
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Gov’t sets January 2027 launch for global bond pricing standard to boost market liquidity

Banking & Insurance 0
The financial regulators and market institutions on Friday announced that peso-denominated government bonds will transition to the international bond pricing convention for settlement purposes starting January 4, 2027. All relevant regulations and backend systems are scheduled to be fully operational before the end of 2026.

PH exports eye $100B as electronics drive growth

Trade & Investments 0
Philippine merchandise exports could hit a record USD100 billion in 2026, up from about USD84 billion last year, as surging electronics shipments and a possible mineral export recovery offset risks from US tariff policies.

PCCI bets on growth amid political noise, rising costs

Economy 0
The Philippine Chamber of Commerce and Industry (PCCI) remains cautiously optimistic about business prospects despite rising costs, governance concerns and political controversies, urging the government to restore investor confidence and accelerate reforms.

SMX secures third TTG win as MICE footprint expands

Corporate Bulletins 0
SMX Convention Center has secured its third consecutive Philippines’ Best Convention & Exhibition Center title at the 35th TTG Travel Awards, as parent company SM Hotels and Conventions Corp. (SMHCC) expands its meetings, incentives, conferences and exhibitions (MICE) facilities beyond established business hubs.

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