Bureau of Customs collects ₱757.4 billion in the first nine months of 2026, beating its target by 1.2% and moving closer to its ₱1-trillion full-year goal.
Import taxes, retail rent, and local operations explain why prices naturally rise when brands cross borders.
Collections hit ₱ 2.87T, led by BIR and BOC.
National Government’s July deficit jumped from ₱18.9 billion a year ago as spending growth outpaced revenue growth.
Poppy seeds are considered illegal drugs in the country due to their opiate content, making some imported food products a potential legal risk.
JTI Philippines calls for harmonized ASEAN rules as illicit tobacco trade grows, while Philippine agencies step up efforts to seize and destroy illegal cigarette products.
It starts with a simple swipe.
First-half collections reached nearly ₱492 billion after June revenue exceeded target by 3.43%, keeping the Bureau of Customs on pace to hit its annual goal.
Higher tax collections and stronger compliance efforts help lift government revenues despite a monthly decline in overall collections.
Luxury vehicle auction leads bulk of Bureau of Customs collections from January to May 2026.
