P20B revenue eyed from fuel marking program in 2020—DOF

The Department of Finance (DOF) expects to collect P20 billion in revenues in 2020 with the full implementation of the fuel marking system next…

PH fuel marking program implementing rules released

The Bureau of Customs (BOC) has finally released implementing rules for its fuel marking program, which mandates marking and testing of petroleum products under…

Fuel marking program to produce P5B this year—finance chief

The Philippines’ fuel marking program is scheduled to be implemented in the third quarter of this year and will bring in at least P5…

PH fuel marking program implementing rules issued

The Philippine government has finally released implementing guidelines for the fuel marking program designed to curb oil smuggling and plug revenue losses arising from…

PH fuel marking program launched, to raise P27B in BOC revenue

The Bureau of Customs (BOC) projects additional revenues of P27 billion this year as it officially launched its fuel marking program, which starts nationwide…

BOC’s 2018 collection target cut by P10B

The revenue collection target for 2018 of the Bureau of Customs (BOC) has been reduced by P10 billion to P584.9 billion with the fuel…

PH fuel marking system for implementation in 2019

The Philippine government will finally implement next year its fuel marking system to curb oil smuggling and plug revenue losses from illegal importation and…

JV of SICPA and SGS secure BOC’s fuel marking project

The joint venture of Swiss-based SICPA SA and locally based SGS Philippines, Inc. has won the contract to provide a fuel marking program for…