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Day: May 2, 2023

Coal mining firm remits P16B in royalties to gov’t

Semirara Mining and Power Corp. (SMPC) chairman Isidro Consunji said the listed company’s remittance to the government as royalties in 2022 surged by 151 percent to nearly PHP16 billion. During SMPC’s virtual annual stockholders’ meeting Tuesday, Cons…

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BOC logs P74-M collection surplus in April

The Bureau of Customs (BOC) has recorded a PHP74 million surplus in its revenue collection for April. In a statement on Tuesday, the BOC said last month’s PHP68.274 billion collection surpassed its target collection of PHP68.199 billion. The amount

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