Home » Posts tagged with "Carlos Dominguez III"

Posts tagged with "Carlos Dominguez III"

BOC collection from rice import tariff hits P13B

BOC collection from rice import tariff hits P13B

Oct. 23 | BOC takes in P13 billion in rice import tariff in the first nine months of the year, exceeding the P10 billion minimum collection requirement for the rice competitiveness fund Valuation of rice imports rose from an average of P18,178 per metric ton...

Duty-free imports of medical, educational products approved

Duty-free imports of medical, educational products approved

Oct. 13 | Image by jardin from Pixabay Finance Secretary Carlos Dominguez III has approved the Bureau of Customs (BOC) implementing rules and regulations (IRR) on tax- and duty-free importation of certain goods aimed at boosting the Philippines’ healthcare capacity...

Dominguez leads Philippine Tax Academy board

Dominguez leads Philippine Tax Academy board

Sep. 25 | Finance Secretary Carlos Dominguez III has been appointed ex-officio chairperson of the Governing Board of the Philippine Tax Academy (PTA) by President Rodrigo Duterte, according to the Department of Finance (DOF). Customs Commissioner Rey Leonardo Guerrero...

BOC confiscates P2.2B in smuggled goods at various ports

BOC confiscates P2.2B in smuggled goods at various ports

Aug. 17 | Bureau of Customs-Davao representatives inspecting the seized smuggled cigarettes | Photo from BOC-Davao About P53 million worth of cigarettes declared as tissue paper were among a total of P2.2 billion in smuggled products seized in various ports from...

COVID-19 pulls down BOC revenues by 7.29% from Jan to April

COVID-19 pulls down BOC revenues by 7.29% from Jan to April

May. 20 | Bureau of Customs Port of Manila building. Photo courtesy of World Customs Organization. Revenues collected by the Bureau of Customs (BOC) from January to April 2020 dropped 7.29% to P179.44 billion from P193.55 billion year-on-year. Preliminary data...

BBB, food production and logistics crucial to restarting recovery–DOF

BBB, food production and logistics crucial to restarting recovery–DOF

May. 14 | Inter-Agency Task Force on the Emerging Infectious Diseases meeting on May 11, 2020 presided by President Rodrigo Duterte. Accelerated implementation of the Build, Build, Build infrastructure program and scaling up of food production and its logistics...

Vietnam to resume rice exports to PH

Vietnam to resume rice exports to PH

May. 11 | The government of Vietnam has reassured the Philippines of its commitment to resume rice exports beginning May 1, according to the Department of Finance (DOF). DOF said this is in fulfillment of the earlier consensus reached by the Association of South...

Amid unusual forex influx, BOC ordered to closely coordinate with AMLC

Amid unusual forex influx, BOC ordered to closely coordinate with AMLC

Mar. 2 | Customs desk at NAIA. Photo courtesy of BOC-NAIA. Finance Secretary Carlos Dominguez III has directed the Bureau of Customs (BOC) to closely coordinate with the Anti-Money Laundering Council (AMLC) in investigating attempts by suspected syndicates to...

PH port agencies, stakeholders brace for coronavirus fallout on cargoes, supply chain

PH port agencies, stakeholders brace for coronavirus fallout on cargoes, supply chain

Feb. 10 | Philippine port authorities and cargo transport service providers are anticipating a slowdown in ship calls, reduction in cargo volumes and higher costs as a result of the global outbreak of the novel coronavirus disease (2019-nCoV). Shipments of semiconductors...

BOC bares rules on compulsory acquisition of undervalued imports

BOC bares rules on compulsory acquisition of undervalued imports

Dec. 7 | Image from Pixabay. The Bureau of Customs (BOC) has issued rules on the Philippine government’s right to acquire undervalued imported goods. Customs Administrative Order (CAO) No. 16-2019, signed by Finance Secretary Carlos Dominguez III on October...