BOC fast-tracks fuel imports, tightens checks amid price hikes

MANILA, Philippines — The Bureau of Customs (BOC) has implemented measures to expedite the processing of fuel imports in the country, as well as daily monitoring and fuel marking, to ensure a steady fuel supply amid oil price hikes due to tensions in the Middle East.  BOC Commissioner Ariel Nepomuceno, through Memorandum No. 36-2026 dated March 23, instructed all ports to prioritize the processing and monitoring of all petroleum imports.  The BOC emphasized the need for a regulated and efficient process as petroleum imports account for a P200 billion share of its total collection.  READ: Marcos to DOE: Secure more fuel […]... Keep on reading: BOC fast-tracks fuel imports, tightens checks amid price hikes

Go to News Site