Subic Port earns 1.18%, surpasses monthly target despite Covid-19

By Ruben Veloria |
Subic Port collector Maritess Martin said on Friday, despite the lockdown and temporary closure of most manufacturing firms in the port since the Covid-19 outbreak in March, the customs bureau managed to collect PhP 2,264,448,859.74 in duties and taxes of goods due for importation. Martin said the amount reflects a surplus of PhP26,448,859.74 or 1.18 percent of the PhP2.23 billion adjusted monthly target for July. She said even with the health crisis, the port could surpass its 2020 target of PhP24.4 billion before the yearend as total collection has so far reached PhP15,278,129,454.14. A document provided to the Philippine News Agency (PNA) shows that since April, the Port of Subic has been performing well amid the lockdown.

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