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Pier pressure

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Surely the guys down here in my barangay (village) knew that the congestion at the piers, at the premier Port of Manila, was one major reason why, in the past several months, prices of some imported basic items went up by, at times, more than 500 percent.

Posted: July 14th, 2014 in Columnists,Featured Columns,Headlines,Inquirer Columns | Read More »

Customs misses target for 6th straight month

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Bureau of Customs (BOC) building INQUIRER FILE PHOTO

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 »

Gov’t posts rare budget surplus in May

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AFP FILE PHOTO

The government posted a rare budget surplus in May, raising fears that the expected boost in economic growth from higher public spending could come too late in the year.

Posted: June 27th, 2014 in Headlines,Latest Business Stories | Read More »

Gov’t plans to cut borrowings in 3rd quarter

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The national government may borrow less in the next three months after falling behind spending targets in the first half of the year despite efforts to speed up disbursements.

Posted: June 23rd, 2014 in Headlines | Read More »

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