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

Plus Three’s foreign direct investment in ASEAN climbs 62%

Total foreign direct investment (FDI) flow into the Association of Southeast Asian Nations (ASEAN) from China, Japan and Korea—collectively called the Plus Three Countries—rose…

New ADB app provides Asia-Pacific socioeconomic updates

The Asian Development Bank (ADB) has launched a new app bringing the latest macroeconomic and social data on the Asia-Pacific region directly to mobile…

Soft intra-regional demand cools Thai exports

Thailand’s outward shipments contracted in June, as the exporting sector remained sluggish throughout the second quarter mainly due to subdued regional trade, according to…

Vietnam exports up 7.9% on strong electronics sales

Vietnam’s total merchandise exports for the whole of 2015 rose 7.9% in value year-on-year to US$162.11 billion, according to trade statistics released by Vietnam…