Cement Manufacturers Association of the Philippines confident Tariff Commission will impose higher import duty

Written by Global Cement staff 07 June 2019

Philippines: The Cement Manufacturers Association of the Philippines (CEMAP) says it is confident that the Tariff Commission will increase the duty on imported cement on a permanent basis. In a statement Cirilo M Pestaño II, CEMAP’s executive director, noted that the commission had observed a rise in import volumes since 2016, according to the Manila Bulletin newspaper. He said that the association was confident that the commission would issue a, “ruling consistent with the national interest.” The association added that imports might be good for consumers in the short-term but they were bad for everyone beyond this due to lost economic earnings and reduced industrial production capacity.

Last modified on 12 June 2019

Published in Global Cement News

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