BOC: UP TO 16% OF ANNUAL REVENUE LOST TO SMUGGLING Bureau of Customs (BOC) Commissioner Ariel Nepomuceno said estimates suggest the agency loses roughly 15% to 16% of its annual revenue collections to smuggling and corruption, though he acknowledged that such figures are difficult to quantify with certainty. Based on 2025 collections of over P931 billion, the estimated losses could amount to nearly P150 billion, he said. More on this in the full episode of #TheSpokes. | Bilyonaryo News Channel
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