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Customs tops June goal as most ports perform

THE BUREAU of Customs (BoC) collected P50.139 billion in June — 41.6% more than the P35.417 billion recorded a year ago and 4.9% above its P47.797-billion target last month — as most of its port collectors exceeded their goals.

Customs collections up by 42% in June

The Bureau of Customs (BoC) collected P50.139 billion in June, 41.6% higher than the P35.417 billion recorded in the same month last year. The latest...

Finance dep’t touts sustained fiscal performance as of May

THE GOVERNMENT’S “impressive” fiscal performance was sustained in May, the Finance chief said, adding that this showed successful implementation of Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) law.

Fiscal deficit widens in first four months

THE GOVERNMENT saw its fiscal deficit grow nearly four times as much in the January-April period, but is still lower than what the government...

BIR collects P6 billion from excise tax on sugary drinks

THE BUREAU of Internal Revenue (BIR) collected about P6 billion from the new sugary drinks tax in the first quarter. "Sa (for) sugar-sweetened (beverages), P6 billion...

Customs told to collect P50 billion monthly until December

NEWLY SEATED Customs Commissioner Isidro S. Lapeña must raise at least P50.1 billion in monthly revenues for the last four months of the year...