Toyota is top importer in Batangas port
Toyota Motor Philippines Corporation senior vice president (middle) Dennis Ben-Hur Escuro received the top importer recognition from Bureau of Customs Chief of Staff Atty. Marlon Agaceta (2nd from left) , and BOC-Port of Batangas District Collector Atty. Ma. Rhea M. Gregorio (4th from left). Photo from Toyota Motor Philippines.
  • Toyota Motor Philippines is the top importer at the Port of Batangas for the first half of the year, reporting P18.7 billion in duties and taxes paid
  • The Bureau of Customs-Port of Batangas recognized TMP’s contribution during the port’s 67th founding anniversary
  • As one of the top private companies at the collection district, TMP gained two seats in the POB Customs Industry Consultative and Advisory Council
  • The port serves as a strategic gateway for TMP’s importation of automotive products, production parts and service components from the Asia Pacific region
Toyota Motor Philippines Corp. (TMP) is the top importer at the Port of Batangas for the first half of the year, reporting P18.7 billion in duties and taxes paid.

The Bureau of Customs (BOC)-Port of Batangas (POB) recognized TMP’s contribution along with others during recent celebration of the port’s 67th founding year in Lipa City.

The contribution underscores the automotive company’s “significant role” in the port’s revenue performance, according to a TMP statement.

In the same event, BOC-POB recognized members of the newly constituted POB Customs Industry Consultative and Advisory Council (CICAC), which per Customs Memorandum Order No. 02-2024 serves as a consultative body between the BOC and the business-industrial sector to address customs and industry issues and promote mutual understanding and cooperation.

As one of the top private companies at the collection district level, TMP gained two seats in the POB CICAC, allowing for two company representatives to become part of the founding members.

The Batangas port serves as a strategic gateway for TMP’s importation of a wide array of automotive products, including various Toyota and Lexus models, production parts, and service components from the Asia Pacific region.

TMP’s port operation is linked to its Batangas Vehicle Center located at Barangay Balagtas in Batangas City, utilized as a processing hub and vital point for distribution of automotive products to Toyota dealerships across the Visayas and Mindanao regions.

Besides its revenue contributions, the mobility company works actively with the BOC towards enhancing trade facilitation.

In February 2024, TMP became one of the first organizations to be certified as an Authorized Economic Operator (AEO) Level 2 by the BOC, highlighting its compliance with global trade standards and commitment to total quality assurance for its customers.

You May Also Like
Yusen Logistics, ACEN forge renewable energy partnership

Yusen Logistics, ACEN forge renewable energy partnership

Yusen Logistics Philippines entered into a strategic partnership with renewable energy provider…

P500M mega cold storage facility to open in Camsur by yearend

A P500-million cold storage facility is under construction in Camarines Sur and…

Lorenzo Shipping losses sink further in first half to P324M

Lorenzo Shipping losses sank further to P324.56 million in the first half…

BOC finds P605-M worth of smuggled cigarettes in Bulacan warehouse

The Bureau of Customs has uncovered approximately P605.29 million worth of imported…