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Revenue impact of rice import suspension seen at P4.3 billion
Business World Philippines
|August 26, 2025
THE Bureau of Customs (BoC) estimated that the suspension of rice imports will result in foregone revenue of more than P4.3 billion.
Customs Commissioner Ariel F. Nepomuceno told BusinessWorld that the estimate is based on the BoC's year-earlier collections of P1.64 billion in September and P2.68 billion in October.
"The total is around P4.3 billion. But if we factor in growth in volume for this period, foregone revenue could be higher," Mr. Nepomuceno said via Viber.
Cette histoire est tirée de l'édition August 26, 2025 de Business World Philippines.
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