Close  

Customs take up in January

By: - Reporter / @bendeveraINQ
/ 01:22 AM February 08, 2017

Import duties and other taxes collected in January reached P35.745 billion pesos, higher than the P31.08 billion collected in the same period last year, the Bureau of Customs said on Tuesday.

Last month’s collection also slightly exceeded the P35.509 billion target, it said.

ADVERTISEMENT

Commissioner Nicanor E. Faeldon attributed the higher collections to the “outstanding performances” of 11 ports—Cagayan de Oro, Cebu, Davao, Iloilo, Legaspi, Limay, Manila, San Fernando, Subic, Tacloban and Zamboanga

“The Manila International Container Port (MICP), on the other hand, is seen to hit or surpass its P10.9-billion target once all collection records are consolidated in the final report by the Bureau of Treasury,” Faeldon said.

FEATURED STORIES

“We remain highly optimistic that the MICP will bring on a 100-percent revenue collection performance and join the list as the 12th port that hit its revenue target for January 2017,” he said.

He said January marked the third straight month that the agency’s collections have been “outstanding.”

Read Next
LATEST STORIES
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Bureau of Customs, Commissioner Nicanor E. Faeldon, Philippine news updates
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2019 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.