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Among government agencies, it is the Department of Trade and Industry (DTI), with its mandate of “realizing the country’s goal of globally competitive and innovative industry and services sector contributing to the inclusive growth and employment generation,” which has been the lead when it comes to protecting the local manufacturing…
Published April 26, 2021, 6:00 AM The Department of Trade and Industry has initiated a preliminary investigation on imported cement from Vietnam after data showed “dumping” of cement prices to the Philippines is causing material injury to the domestic industry. The move is seen to cause a double whammy effect on Vietnam’s cement export to the country, which is currently being slapped with a permanent safeguard duty. In a notice, DTI Secretary Ramon M. Lopez said the probe stemmed from “properly documented applications” from local cement manufacturers — Cemex Philippines, Holcim Ph...
Reporter THE COUNTRYâS sole newsprint manufacturer is looking to restart operations in the second half after it stopped production last year. Trust International Paper Corp. (TIPCO) had let go of 258 direct employees in June 2020 when it stopped manufacturing operations due to pandemic-related constraints, TIPCO Chief Operating Officer Edgar Pataroque told the Tariff Commission at a public hearing on Tuesday. Mr. Pataroque said the pandemic halted the industryâs recovery from the effects of import competition. âThe economic effect of this pandemic caused market demand to (becom...
Published January 4, 2021, 5:00 AM 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 Services (BIS) Director Luis Catibayan when asked on the different stand by the TC over a decision by DTI Secretary Ramon M. Lopez to adjust the safeguard duty on the second year of the three-year definitive safeguard measure on imported cement. MB File Catibayan s...