FAVILA AND FINANCE SECRETARY MARGARITO TEVES

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                    [ArticleID] => 305148
                    [Title] => Gov’t stands by decision to cut tariff on 11 petrochem products
                    [Summary] => JG Summit Petrochemical Corp. (JGSPC) and the Association of Petrochemical Manufacturers of the Philippines (APMP) have failed to present new arguments or evidence to convince  the Cabinet-level Tariff and Related Matters (CTRM) Committee to reverse its earlier decision to go ahead with the tariff reduction on 11 petrochemical products.


As such the CTRM will stand by its earlier decision and will let the National Economic Development Authority (NEDA) Board reaffirm its decision.


This was confirmed to The STAR by Budget Secretary Romulo Neri yesterday.


                    [DatePublished] => 2005-11-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097285
                    [AuthorName] =>  Marianne  V.  Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Gov’t stands by decision to cut tariff on 11 petrochem products

By Marianne V. Go | November 4, 2005 - 12:00am

JG Summit Petrochemical Corp. (JGSPC) and the Association of Petrochemical Manufacturers of the Philippines (APMP) have failed to present new arguments or evidence to convince the Cabinet-level Tariff and Related...

Business