The government’s decision to slap safeguard duties on imported cement is expected to steady the domestic market and restore fair competition, following the release of Customs Memorandum Circular No. 42-2026.
The issuance of a Department of Trade and Industry administrative order imposing definitive general safeguard measures on imported cement is expected to lift capacity utilization in the domestic industry, preserve jobs, unlock fresh investments, and create positive multiplier effects across the economy.
Big E Food Corporation, maker of Lemon Square cakes and pastries, is strengthening its presence in Batangas with a new manufacturing facility and the opening of its 150th retail store at LIMA Estate.
Yields on shorter-dated Philippine Treasury bills climbed at Monday’s auction as investors positioned for a possible further monetary tightening by the Bangko Sentral ng Pilipinas (BSP) later this week.
More than 52,700 online sellers, service providers and content creators have secured registration seal badges from the Bureau of Internal Revenue (BIR), as the agency pushes digital businesses to comply with a looming October 31 deadline.
Digital lending platform Skyro is moving beyond big-ticket purchases into everyday spending, rolling out expanded payment and credit services as it targets a bigger slice of the Philippines’ growing digital finance market.