^
+ Follow CONTINENTAL CEMENT AND HI-CEMENT Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 99179
                    [Title] => Cement firms threaten to lay off workers
                    [Summary] => 

Cement manufacturers are threatening to lay off workers if the government continues to encourage importation.

The Philippine Cement Manufacturers Corp. (Philcemcor) said yesterday that imported cement could easily grab 75 percent of the Metro Manila market by the end of the year and result in the closure of at least five cement companies by early next year.

Philcemcor managing director Lupo Feliciano said the official encouragement of cement importation was a "myopic stance" and is hurting the local industry.

"For one we will be forced to lay off people," he said. [DatePublished] => 2000-05-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 99097 [Title] => DTI won't stop surge in cement importations [Summary] =>

The Department of Trade and Industry (DTI) will not lift a finger to curb the surge in the importation of cement, saying it has achieved the goal of stabilizing domestic cement prices to benefit consumers.

not_entTrade and Industry Undersecretary Ernesto Ordoñez told reporters that the DTI is avoiding the spiraling of cement prices which were about to hit P145 per bag in the retail market when the government announced that it was encouraging importation.

Ordoñez said this [DatePublished] => 2000-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 99001 [Title] => Cement firms buck proliferation of cheap cement imports [Summary] =>

Imported cement now accounts for over one fourth of the total cement market and close to 45 percent of the Metro Manila market alone, displacing at least five local cement companies in Luzon.

Data from the Philippine Cement Manufacturers Corp. (Philcemcor) reveal that imports mainly from Taiwan and Japan have risen steadily over the last few months from 94,000 metric tons in January this year to as much as 130,000 April. [DatePublished] => 2000-05-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

CONTINENTAL CEMENT AND HI-CEMENT
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 99179
                    [Title] => Cement firms threaten to lay off workers
                    [Summary] => 

Cement manufacturers are threatening to lay off workers if the government continues to encourage importation.

The Philippine Cement Manufacturers Corp. (Philcemcor) said yesterday that imported cement could easily grab 75 percent of the Metro Manila market by the end of the year and result in the closure of at least five cement companies by early next year.

Philcemcor managing director Lupo Feliciano said the official encouragement of cement importation was a "myopic stance" and is hurting the local industry.

"For one we will be forced to lay off people," he said. [DatePublished] => 2000-05-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 99097 [Title] => DTI won't stop surge in cement importations [Summary] =>

The Department of Trade and Industry (DTI) will not lift a finger to curb the surge in the importation of cement, saying it has achieved the goal of stabilizing domestic cement prices to benefit consumers.

not_entTrade and Industry Undersecretary Ernesto Ordoñez told reporters that the DTI is avoiding the spiraling of cement prices which were about to hit P145 per bag in the retail market when the government announced that it was encouraging importation.

Ordoñez said this [DatePublished] => 2000-05-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 99001 [Title] => Cement firms buck proliferation of cheap cement imports [Summary] =>

Imported cement now accounts for over one fourth of the total cement market and close to 45 percent of the Metro Manila market alone, displacing at least five local cement companies in Luzon.

Data from the Philippine Cement Manufacturers Corp. (Philcemcor) reveal that imports mainly from Taiwan and Japan have risen steadily over the last few months from 94,000 metric tons in January this year to as much as 130,000 April. [DatePublished] => 2000-05-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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