The Department of Trade and Industry (DTI) has stood its ground stating it does not need the concurrence from the Tariff Commission (TC) to adjust a safeguard duty rate on a particular import that has been causing injury or serious threat to a domestic industry. This was stated by Bureau of Import...
There appears to be confusion in the imposition of the second year safeguard duty on imported cement with the Department of Trade and Industry (DTI), the Tariff Commission (TC), and the Bureau of Customs (BOC) apparently not coordinating with each other. This transpired at the recent public hearing...
The country’s renewable energy (RE) developers are eyeing to rake in next year P35.693 billion worth of feed-in-tariff (FIT) payments, a form of subsidy collected from all Filipino electricity ratepayers. That will be an increase of roughly...
Wants higher safeguard duty instead Local cement manufacturers have asked the Department of Trade and Industry (DTI) to postpone the reduction of the P10 per bag definitive cement safeguard...
The US government has urged the Philippines to review its mounting non-tariff measures (NTMs), which already reached 854, as these effectively restrict trade, lessen market competition, and make product’s prices more expensive, especially at this time of global supply chain disruption due to the...
The Department of Energy (DOE) has started awarding the last batch of degressed feed-in-tariff (FIT) incentives to qualified biomass and run-of-river hydropower projects that reached commercial operations on the prescribed cut-off date last year. Energy Secretary Alfonso G. Cusi The recent round of...
