Manila Times Business
Customs tops revenue target despite challenging conditions
IMPROVED cargo valuation and stronger revenue collection measures enabled the Bureau of Customs to surpass its January-May collection target, helping offset the impact of lower import volumes amid challenging trade conditions. Collections for the first five months of 2026 totaled P406.365 billion, surpassing the P397.050-billion goal by P9.315 billion, or 2.3 percent. This was also P24.629 billion, or 6.5 percent, higher than the amount collected during the same period in 2025. Customs Commissio
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Source: manilatimes.net
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