/PRNewswire/ The "Philippines Steel Industry Research Report 2023-2032" report has been added to ResearchAndMarkets.com s offering. As the Philippines.
Bureau of Customs-Port of Cebu District Collector Charlito Martin Mendoza. (PNA file photo by John Rey Saavedra) CEBU CITY - The Bureau of Customs-Port of Cebu on Thursday reported a surplus in its PHP3.605-billion collection for the month of May. Lawyer Charlito Martin Mendoza, BOC-Cebu collector, said their collection is 22.37 percent higher than the PHP2.946 billion target, or a surplus of PHP659.22 million. "This five-month streak of beating monthly targets brings the port's total revenues for 2022 to PHP16.221 billion and now banks a PHP2.78 billion surplus for the year," he said in a statement. Mendoza said the May collection is the highest revenue performance of the BOC-Cebu in a single month, breaking April's record by PHP71.4 million. Compared to the 2021 collection for the same month, the May 2022 revenue is PHP1.35 billion higher. Mendoza noted an almost 60-percent growth achievement in revenue collection. He attributed the feat to the good governance refor