00:00The positive results of the reforms being implemented by the government in the Bureau of Customs are already felt.
00:06According to President Ferdinand R. Marquez Jr.,
00:09the BOC is continuing to strive to improve the trade facilitation from where he sits in office.
00:17Some of the initiatives of the Customs are the Overstaying Cargo Tracking System,
00:22Enhanced E-Travel System,
00:24and the ATA Car-Net Monitoring System that will protect against inefficiency and speed up the port cargo flow.
00:32Last year, the cost of smuggled goods worth P85 billion was doubled to more than P43 billion in 2022.
00:47The Customs were able to collect more than P930 billion in income,
00:53which is more than P40 billion compared to the P890.4 billion they were able to collect in 2023.
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