Quantcast
Latest Stories

BOC’s P22.8B Feb. take still P1.24B short of target

By

MANILA, Philippines—The Bureau of Customs (BOC) collected a little over P22.8 billion in revenue in February, around P614 million, or 2.8 percent, more than it collected in the same period last year.

Last month’s revenue, however, was P1.24 billion short of the Department of Finance-attached agency’s collection target of P24.04 billion.

Customs Commissioner Ruffy Biazon on Monday said that the agency’s preliminary figures for February put cash collections at P22.8 billion.

“On a year-on-year basis, our January-February collections are P3.14 billion, or a 7.1-percent increase over revenue during the same period in 2012,” Biazon said in a text message to the Inquirer.

Biazon pointed out that after the collection shortfalls it experienced in 2012, the BOC posted a collection surplus of over P200 million in January.

“The bureau’s collections for January 2013 totaled P24.5 billion against its target of P24.3 billion,” he said.

The BOC head attributed the increase in the agency’s revenue to its “reconfiguration strategy,” or the reshuffle of some key officials early this year.

“The movement of officials to assignments where they would be most effective has paid off,” said the former Muntinlupa City legislator. “We may have found the right chemistry among our officials to enable us to meet our collection target for 2013, although it remains to be seen as we progress through the year.”

Biazon said he had given the BOC’s front-line officials their respective monthly collection and smuggling apprehension targets to keep them on their toes.

He said he planned to closely monitor the BOC officials’ performances on a monthly basis.

“I won’t hesitate to undertake more rounds of reconfigurations should I find it necessary, if only to ensure our meeting the 2013 collection target assigned to us by the government,” Biazon said.

On Monday, he expressed confidence that with the full operational computerization program this year, the bureau would be able to surpass or, at least, meet its 2013 collection target (of P340 billion).

“With human intervention minimized, if not eliminated upon full completion of the program, BOC collections would be maximized and smuggling would eventually be eliminated,” Biazon said.


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Bureau of Customs , government offices and agencies

  • tanga_hanga_ni_abnoy

    kasalanan ng past administration yan

  • EdgarEdgar

    BOC falls short of target, as usual.

    BIR falls short of target, as usual.

    DSWD mired in anomalies, as expected.

    Noynoy falling out with the Filipino people, as expected.



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement

News

  • Two Popes who would be saints
  • Anti-gay demo in Ethiopia cancelled
  • Obama launches measures to support solar energy in US
  • Nebraska toddler gets stuck inside claw machine
  • Philippine eagle rescued by Army turned over to DENR
  • Sports

  • Duke freshman declares for NBA draft
  • Vietnam says it will not host Asian Games
  • Nadal passes clay landmark with 300th victory
  • Wawrinka waltzes through with Monte Carlo walkover
  • Power Pinays smash India in Asian Women’s Club volleyball opener
  • Lifestyle

  • Ford Mustang turns 50 atop Empire State Building
  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • This is not just a farm
  • Clams and garlic, softshell crab risotto–not your usual seafood fare for Holy Week
  • Entertainment

  • Cannes film festival launches race for 2014 Palme d’Or
  • Jones, Godard, Cronenberg in competition at Cannes
  • Will Arnett files for divorce from Amy Poehler
  • American rapper cuts own penis, jumps off building
  • Jay Z to bring Made in America music fest to LA
  • Business

  • Total says makes ‘very promising’ oil find off Ivory Coast
  • ‘Chinese Twitter’ firm Weibo to go public in US
  • World stocks subdued, Nikkei flat on profit taking
  • Asia stocks fail to match Wall Street gains
  • Fired Yahoo exec gets $58M for 15 months of work
  • Technology

  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Filipinos #PrayForSouthKorea
  • Taylor Swift tries video blogging, crashes into fan’s bridal shower
  • DOF: Tagaytay, QC best at handling funds
  • Smart phone apps and sites perfect for the Holy Week
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • Last call for nominations to ’14 Presidential Awards
  • San Francisco business coalition slams proposed tax on sugary drinks
  • A ‘time-travel’ production of ‘Les Miserable’ at Stanford
  • Filipina Maryknoll sister honored for years of service
  • Malaysia quarantines 64 villagers over MERS virus
  • Marketplace