• Customs Aug collections fall below target; up on-yr

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    CUSTOMS collections fell below target in August but were higher than the year-earlier period, preliminary government data showed Friday.

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    The Bureau of Customs (BOC) said it netted P32.65 billion last month, missing the P34.3-billion goal by 4.8 percent. However, the collections in August were 21.4 percent higher compared to the P26.89 billion recorded a year earlier.

    The BOC said the ports of San Fernando collected P139 million, Manila (P5.2 billion), Manila International
    Container Port (P10.24 billion), Ninoy Aquino International Airport (P2.77 billion), Batangas (P7.44 billion),
    Legaspi (P25.4 million), Iloilo (P303.5 million), Cebu (P1.4 billion), Surigao (P600,000), Cagayan de Oro (P717 million); Zamboanga (P6.8 million), Davao (P1.01 billion), Subic (P1.6 billion), Clark (P125.6 million), and Limay (P1.67 billion).

    The bureau did not offer an explanation as to why it fell short of the collections target for the month but noted that it has yet to receive reports from the ports of Tacloban and Aparri.

    Although the collections were higher than last year’s, Customs Commissioner Nicanor Faeldon said the amount should not be the only parameter used in measuring the agency’s success.

    “If we judge the agency based on revenue collection alone, then we’ll miss the other two mandates of BOC,” he said, referring to border control and trade facilitation.

    “Among other things we do in the agency, we’re fixing corruption here. Why don’t you take a look at it?” he added.

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