Manila, Feb. 3 -- The Bureau of Customs (BOC) on Tuesday reported a surplus amounting to PHP513 million on its receiving collection at the start of the year.

In a statement, Commissioner Ariel Nepomuceno said for January 2026, they have collected PHP80.744 billion and exceeded its target, reflecting a 100.6 percent revenue collection efficiency.

He noted that the performance also marked a PHP1.490 billion increase, or 1.9 percent growth, compared to the PHP79.254 billion collected in January 2025.

"Exceeding our January target is a strong affirmation of the hard work of our Customs personnel and the growing cooperation of the trade community. We are committed to sustaining this level of efficiency to support the President's economic ag...