MANILA, Philippines – The Bureau of Customs (BOC) exceeded its monthly revenue target anew in February, despite expectations of a lower take due to slower trade activity. BOC Commissioner Ariel Nepomuceno told the Inquirer that revenues reached P73.7 billion in February, up 10.4 percent from the same period last year. READ: boc-exceeds-target-revenue-for-january-by-p513-million Although slightly lower than January’s collection, the figure surpassed the P72.5-billion target set for the month by the Development Budget Coordination Committee, resulting in a P1.2-billion surplus. “Usually, collection is down every February because of the Chinese New Year, but we have done it,” Nepomuceno said, referring to […]... Keep on reading: BOC beats February target, collects P73.7B