An anti-dumping case against Vietnam cement is being pushed to further protect the domestic cement manufacturing industry from cheap imports being dumped into the country. MB file This was revealed by CEMEX Holdings Philippines President & CEO Ignacio Mijares at the Pacific Alliance and the...
The foreign vaccine developers that will be assisting local pharmaceutical companies in setting up a “fill and finish” facility for coronavirus disease (COVID-19) vaccines may be known soon, the Department of Science and Technology (DOST) said Saturday, Oct. 23. (UNSPLASH/MANILA BULLETIN FILE)...
The ASEAN automotive industry registered positive growths both in sales and production with all countries, except Myanmar, reporting higher sales as of July this year. Data from the ASEAN Automotive Federation showed the region’s automotive sales went up 27.5 percent to 1,507,331 units from...
Motor vehicle sales in the country fell 26.3 percent in August to 15,847 percent compared to 21,498 units from the previous month due to reimposition of hard lockdown in Metro Manila and strict quarantines in other parts of the country, a joint report by the Chamber of Automotive Manufacturers of...
The Anti-Red Tape Authority (ARTA) and four other key agencies of the government are set to issue a joint memorandum circular (JMC) that will cut down regulatory requirements for local coronavirus disease (COVID-19) vaccine manufacturers. ARTA ARTA made the statement following President Duterte's...
Toy manufacturers from Hong Kong are considering of investing in the Philippines as they showed strong confidence in the country. This was disclosed by the officers and members of the Toys Manufacturers’ Association of Hong Kong (TMHK) who joined an online information session with the Philippine...
2020 may have brought its fair share of challenges, but Isuzu Philippines Corporation managed to persevere and find the silver lining. IPC, the exclusive assembler, importer, and distributor of brand-new Isuzu commercial vehicles (CVs) and light commercial vehicles (LCVs) in the country, has once...
Japanese businesses in the Philippines expect 2021 will be better than 2020 where 35 percent of their business expect negative operating profit, but have been bothered by poor local supply base for many parts and raw materials resulting in weakened cost competitiveness and unstable politics. This...
“Power rate reduction” tops the 2021 to-do list of the Department of Energy (DOE) to improve the attractiveness of the Philippines as an investment destination for manufacturers, who have been discouraged by the prohibitive power cost in the country. Energy Secretary Alfonso G. Cusi told...
Motor vehicle sales in November suffered a 7.4 percent decline due to the consecutive typhoons that badly hit growth driver regions -- Bicol, Central Luzon and the National Capital Region. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck...
Cement importers disputed claims by local cement manufacturers that importation of this construction material dramatically shoot up saying domestic manufacturers are using false data to justify their petition before the Department of Trade and Industry to delay the reduction of the safeguard duty...
For manufacturer Manufacturers in the Philippines are allowed to carry over any operating loss from financial year 2020-2021 as tax deduction from gross income over the next five taxable years, according to the Board of Investments (BOI). BOI Managing Head Ceferino Rodolfo said this has been ...
