^

Business

Tariff Commission sets hearing on cement dumping charges

-
The Tariff Commission is set to begin its own investigation on Philippine Cement Manufacturers Corp.’s (Philcemcor) claim of harmful cement dumping.

The Tariff Commission is holding a preliminary hearing next week, Nov. 27, to hear the sides of all parties concerned.

The Tariff Commission will determine if there is a need to protect local cement manufacturers and decide if quantitative restrictions should be imposed on imported cement.

Local cement manufacturers have scored a major victory with the Department of Trade and Industry’s decision to impose a provisional tariff amounting to P20.60 per bag on imported cement.

The provisional tariff will be effective only for 200 days as mandated under the Safeguard Measures Act or until the Tariff Commission issues a ruling on the petition of local cement manufacturers for tariff protection against imported cement.

The imposition of the provisional tariff resulted in the drop of local cement prices to about P125 per bag.

The Confederation of Homeowners Association for Reforms in Governance and Environment (CHARGE) is urging a further reduction in local cement prices to P100 per bag. – Marianne Go

vuukle comment

CEMENT

CONFEDERATION OF HOMEOWNERS ASSOCIATION

DEPARTMENT OF TRADE AND INDUSTRY

GOVERNANCE AND ENVIRONMENT

LOCAL

MARIANNE GO

PHILCEMCOR

PHILIPPINE CEMENT MANUFACTURERS CORP

SAFEGUARD MEASURES ACT

TARIFF

TARIFF COMMISSION

  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with