Port of Subic collects P2.83-M in Oct., tops target by 7.42%

Port of Subic collects P2.83-M in Oct., tops target by 7.42%

SUBIC BAY FREEPORT – While its relentless campaign against imported illegal and counterfeit goods has scored a success, the Port of Subic surpassed anew its assigned monthly target for October by 7.42 percent.

District Collector Maritess Martin said Tuesday that for seven consecutive months, the Port of Subic consistently exceeded its collection target despite the effects of the pandemic.

Last month, she said, the port was able to collect PHP2.83 million, which is 7.42 percent higher than its monthly target of PHP2.63 million.

Its total collection from January to October has reached PHP23,389,745,608.40.

Martin noted that this proves that the Port of Subic’s back-to-back apprehensions and condemnations of illegal and counterfeit cigarettes and other contrabands were not just the highlights last month.

“This milestone is the product of the collective efforts of our stakeholders and all the men and women of the port who remained focused and dedicated to providing efficient service despite the risk to their health and safety,” she said in an interview.

As part of the Bureau of Customs’ efforts to continue its partnership with stakeholders and promote trade facilitation, the Port of Subic has recognized the Top 20 revenue contributors for the second and third quarters of the year.

Among the recipients of the plaque of appreciation was Marubeni Philippines Corp., which was named as the Top 1 revenue contributor for the third quarter after posting PHP1.2 billion; High Glory Subic International Logistics; Goldenshare Commerce and Trading, Inc.; and Micro Dragon Petroleum, Inc.

Martin thanked these companies for their tremendous contribution to the port’s performance.

The Port of Subic, she said, is eyeing to collect the remainder of the year’s revenue target this November and “further intensify our border protection as (the) Christmas season nears and the smugglers might take advantage of it.” (PNA)

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