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Safeguard duty on cement won’t raise prices, say firms

MANILA, Philippines — The proposed safeguard duty on cement imports is unlikely to raise prices but instead help safeguard the local industry against unfair competition, an industry group said. “The measure is needed to give local manufacturers a fair chance to compete against foreign suppliers that enjoy government support,” the Cement Manufacturers Association of the

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Conceive IVF to open new facility at Filinvest One

MANILA, Philippines — A Japanese company focused on providing assisted reproductive technology or fertility treatments will expand its services in the Philippines. This is through its upcoming facility housed within the Filinvest Group’s office building in Muntinlupa City. Filinvest REIT Corp. (FILRT), the real estate investment trust unit of Filinvest Land Inc., on Monday, announced

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BIZ BUZZ: Philippine Airlines captures ‘4 stars’

MANILA, Philippines — Philippines Airlines (PAL) keeps soaring higher, as it has just bagged a prestigious 4-Star Major Airline 2026 rating. The flag carrier earned the award from the Airline Passenger Experience Association (Apex), a US-based air travel organization. Airlines securing this status mean that they “consistently deliver excellence across critical touch points—cabin comfort, cleanliness,

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PSEi dips below 6,000

MANILA, Philippines — Frustration over the worsening flood control mess, and the involvement of more high-ranking government officials, caused the Philippine Stock Exchange Index (PSEi)  to stumble below 6,000 on Monday. The benchmark PSEi slipped to a six-month low of 5,997.6, down by 0.49 percent. The index extended its losing streak to the sixth consecutive