The Court of Tax Appeals (CTA) has denied the petition of five cement trading companies against the safeguard duties imposed by the government in 2019 on cement importations. In 2018, the Department of Trade (DTI) conducted a probe on the increased importations of cement. The investigation...
Carsales in May this year grew a dramatic 44.8 percent versus May 2022 with 38,177 units sold, bringing year-to-date sales to 166,104 units or 31.5 percent higher than the same period last year, a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck...
Motor vehicle sales went up 21.8 in April compared to the same month last year on improving economic situation and availability of a wider range of motor vehicle models, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers...
Domestic motor vehicle sales in the first quarter this year went up by 30.1 percent to 97,284 units as against 74,754 units sold in the same period last year, with March sales hitting 36,880 units, making it the second highest monthly performance post pandemic, official industry data showed. A...
Total motor vehicle sales in the country jumped 31.3 percent in 2022 to 352,596 units from 268,488 units in 2021 and exceeded the 336,000-unit full year sales forecast, a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association...
Various stakeholders of the Philippine Economic Zone Authority (PEZA) have endorsed to Malacanang Officer-in-charge (OIC) Deputy Director General Tereso O. Panga to stay on as leader of the agency that administers the country’s economic zones and their export-oriented locators. The endorsements...
The Cement Manufacturers Association of the Philippines (CeMAP) welcomed the imposition of definitive anti-dumping duties against cement imports from Vietnam stating the move is a show of support for the investments and development of the domestic cement manufacturing industry for job creation and...
Police Regional Office 3 director Brig. Gen. Cesar Pasiwen has ordered the random inspection of fireworks manufacturers and dealers in Central Luzon following a recent explosion in a fireworks factory in Sta. Maria, Bulacan. PASIWEN (FB) Pasiwen said that the Philippine National Police has...
Domestic carsales in the first ten months this year jumped 30.9 percent to 280,300 units from 214,186 units in the same period last year, with Toyota Motor Philippines accounting for half of total industry sales. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc....
Local cement manufacturers welcomed the thrust of the current administration towards a bias for domestic industries, stressing they too are victims of import surges that threaten the viability of their cement factories. “Like our peers in the sugar sector, we welcome President Ferdinand Marcos’...
President Ferdinand "Bongbong" Marcos Jr. disclosed that the government was looking into the possibility that food manufacturers would be able to directly import sugar to address the "worrisome" sugar problem in the country. President Ferdinand 'Bongbong' Marcos Jr. meets with the members of the...
As the opening of classes for this school year begins, an environmental watchdog urged manufacturers to be "socially responsible" and keep toxic chemicals out of school supplies, sounding the alarm bell on how hazardous chemicals affect a child's nervous system, growth, and development. (Photo...
