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BOC: 8 of 10 shipments misdeclared, undervalued

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Bureau-of-Customs1-1223

Eight out of every 10 shipments of imported goods placed under Bureau of Customs alert orders have turned out to be either misdeclared or undervalued, according to BOC Commissioner John Phillip Sevilla.

Posted: October 18th, 2014 in Latest Business Stories | Read More »

Employment situation in PH still bad despite high economic growth–ADB, ILO

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employment

Despite the country’s impressive economic growth, which averaged 5.4 percent a year during the past decade, the overall labor market scenario has been “less positive,” limiting progress on social development and inclusive growth, a joint study by the International Labor Organization (ILO) and the Asian Development Bank said.

Posted: October 9th, 2014 in Latest Business Stories | Read More »

1.65 million more Filipinos got jobs in April—Labor Force Survey

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bpo-outsourcing

From 37.01 million in April 2013, the number of employed Filipinos rose to 38.66 million during the same period this year, or an increase of 1.65 million jobs nationwide.

Posted: July 30th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Customs misses target for 6th straight month

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Bureau-of-Customs1-1223

For the sixth consecutive month this year, the Bureau of Customs failed to meet its revenue target with June collections of only P26.96 billion, about P6.32 billion short of the P33.29-billion target for the 20-day trading period.

Posted: July 9th, 2014 in Latest Business Stories | Read More »

Airport customs take short of P3.5B through May

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Bureau of Customs. INQUIRER FILE PHOTO

From January to May this year, the Bureau of Customs (BOC) office at the Ninoy Aquino International Airport (Naia) registered a revenue collection deficit of more than P3.5 billion.

Posted: July 7th, 2014 in Latest Business Stories | Read More »

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