THE Bureau of Customs (BOC) collected revenues of P17.2 billion in May, up 41% more than the P12.2 billion collected last year. The May collection also surpassed by 4.3% or P702 million the target of P16.5 billion for the month. The May figure brought total collections for the first five months to P75.8 billion, 6% or P4.14 billion higher than the target of P71.7 billion. The January-May collection is also 36% higher than P55.8 billion the BOC posted last year. Customs Commissioner Napoleon Morales said he may reassign district collectors who failed to meet their targets. Morales, citing the implementation of the Lateral Attrition Law on June 14, said eight collectors will have to explain why they failed to meet their targets. The collectors, he said, may go through a grading process before being transferred. They are Carlos So of the Manila International Container Port (MICP), Ricardo Belmonte of Ninoy Aquino International Airport (NAIA), Lourdes Mangaoang of Cebu, William Reyes of Surigao, Roberto Sacramento of Cagayan de Oro, John Tan of Davao, Andres Salvacion of Subic and Atty Ronnie Silvestre of Clark. The Manila International Container Port missed its target by 23.3%; Cebu by 24.2%; Cagayan de Oro, 51.5%; and Zamboanga, 37.5%. Surigao, NAIA, and Subic and Clark, missed theirs by more than 7.5% each. Port districts which exceeded their goals include San Fernando, Manila, Batangas, Legaspi, Iloilo, Tacloban and Davao. The district of Iloilo posted the highest performance with collections growing 661.5% from its target followed by the district of Tacloban which collected 30% more than its P30-million target, and the district of Batangas which raked in 25% higher than its goal.

You May Also Like

Vietnam needs more reforms to reach industrialized status

The Vietnamese government has succeeded in reducing the country’s overall economic instability, but more progress is needed to address the economy’s structural weaknesses, according…

BOC e2m capacity expansion set for the first quarter

The Bureau of Customs (BOC) expects to start within the first quarter its stabilization project to extend the life of the outdated electronic-to-mobile (e2m)…

Most PH Customs collection districts see red

All five key collection districts of the Philippine Bureau of Customs (BOC) failed to meet their revenue targets in February, with four of the…

Keppel Philippine Marine to delist shares in Oct

SHIPYARD operator Keppel Philippine Marine, Inc (KPMI) is looking at delisting its shares from the Philippine Stock Exchange (PSE) in October as it sees…