SUBIC BAY FREEPORT—The Bureau of Customs (BOC) district agency here has chalked up another unprecedented performance in its revenue collection drive by registering a 61.27 percent in cash contribution covering nine months period.
Port of Subic headed by district collector Maritess Martin recorded a cumulative revenue output from January to September of P24.821 billion as compared to the district’s same period output in 2018 of P15.391 billion, or a staggering P9.430 billion more or 61.27 percent hike.
Last month, the Port whose main revenue income are derived from the payment of import duties of petroleum products, used heavy duty trucks and commodities raised P3.107 billion, the second time it breached the P3-billion revenues made for the first time in May this year amounting to P3.161 billion.
Team Subic is looking forward to hit its 2019 full year collection target of P24.868 billion this month, as its nine-month collections had already hit P24.821 billion or just P46.924 million short, or a mere -0.19 per cent.
Collector Martin attributes the consistent revenue intake of the Port to the collective support that the district unit is getting from the Subic Bay Metropolitan Authority and the private container terminal operator, Subic Bay International Terminal Corp.
