The Bureau of Customs took in P63 billion in revenues in February, surpassing its target of P61.83 billion for that month by 2 percent, according to preliminary data. | RonWDomingoINQ /PDI
The Bureau of Customs took in P63 billion in revenues in February, surpassing its target of P61.83 billion for that month by 2 percent, according to preliminary data.
February collections were also higher by 6 percent or P3.6 billion than the P59.43 billion recorded in the same month of 2022This brought the BOC revenue collection so far for 2023 to P133.38 billion, including January collections, an increase of 7 percent from P124.74 billion in the first two months of 2022
“We will continue to innovate and implement sustainable reforms to boost the collection efficiency, which will contribute to the expansion and recovery of our national economy,” Customs Commissioner Bienvenido Y. Rubio said in a statement.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FBI Director Wray acknowledges bureau assessment that Covid-19 likely resulted from lab incidentFBI Director Christopher Wray on Tuesday acknowledged that the bureau believes the Covid-19 pandemic was likely the result of a lab accident in Wuhan, China.
Read more »
Wall Street sells shares, Treasuries to end fraught FebruaryThe concern now is less about a global recession and more over the prospect of little respite any time soon from higher interest rates.
Read more »
Philippine manufacturing growth slowed to three-month low in February — S&P GlobalThe Philippine manufacturing output softened in February 2023 to mark the weakest expansion in three months, results of the latest survey conducted by S&P Global revealed.
Read more »
Wall Street closes out weak February as Fed concerns remainU.S. stocks closed out February in subdued fashion and each of the three major indexes ended with monthly declines, as investors continue to assess whether interest rates will remain high for an extended period of time. | Reuters
Read more »
Quezon cops seized P5.1 million worth of ‘shabu’, marijuana in FebruaryThe Quezon police force confiscated more than P5.1 million worth of illegal drugs and arrested 1,113 suspected criminals in the province during their operations in February. | dtmallarijrINQ /PDI
Read more »
PHL manufacturing PMI slips to 52.7 in February | Andrea E. San JuanTHE Philippine Manufacturing Purchasing Managers’ Index (PMI) slipped from January’s seven-month high of 53.5 to 52.7 in February, with port congestion, among others, weighing on vendor performance which is resulting in further deterioration, according to Standard & Poors (S&P) Global Market Intelligence. While the S&P Global noted that “solid demand”…
Read more »