Philippine ports fail November collection targets

The ports of Manila, Batangas and Ninoy Aquino International Airport and six others failed to meet their collection goals in November, the Manila Standard reported.

Port of Manila collected US$66.7 million against its $82.9 million target while Batangas recorded $74.8 million against the goal of $95 million. Naia posted $28.3 million, short of its $38.4 million target.

Port of Tacloban collected $423,569 against its $826,969 target; Surigao suffered a $62,527 shortfall with collections of $24,203 for the month while Port of Zamboanga missed its $101,075 target by $86,924.

Customs Commissioner Napoleon Morales earlier said all non-performing assets would be the first to be removed from office once the agency enforced a reshuffle next month.

Morales said Customs would have to enforce the reshuffle to have a better chance of reaching the revenue goal of $6.4 billion set by the Finance Department.

Source: http://www.cargonewsasia.com