Customs commissioner Angelito Alvarez last week appointed Ma Caridad Manarang (ex SGV/Accenture and Unisys principal) as deputy commissioner for the Management Information Service and Technical Group. She will take the place of Alexander Arevalo who is being transferred to the Department of Finance.

Also appointed deputy commissioner for Intelligence was Prudencio Reyes, Jr. Reyes will replace Filomeno Vicencio, Jr who held the post in an acting capacity.

The heads of BOC’s seven collection districts will also be resuffled to revitalize collection efforts.

This year, the BOC is tasked to bring in P320 billion, P305 billion of which is expected to come from cash collections and the rest from the tax expenditure fund.

Last year, BOC fell short of its goal of P280 billion by around P30 billion as a result of the implementation of zero or reduced duties on major commodities and the appreciation of the peso.

You May Also Like

Import tariff may be increased by one percentage point

THE Department of Finance (DOF) will increase import tariff across the board by one percentage point starting this month to cushion losses from delays…

Davao port hits full 2018 collection target ahead of schedule

The port of Davao exceeded its annual revenue collection target by 25% a dozen days to go before 2018 ends, beating its annual target…

Singapore’s 2015 outlook eased down as Q2 growth softens

Singapore has narrowed its forecast for gross domestic product (GDP) growth in 2015 to 2% to 2.5% from 2% to 4% as its manufacturing…

Customs collection 32% short of target in Nov

THE Bureau of Customs collected P18.2 billion in November, 32.4% off its goal of P26.93 billion, according to preliminary data. This is the fifth…