^
+ Follow TRM Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 2016449
                    [Title] => DTI rethinks proposed tariff on imported goods
                    [Summary] => The Department of Trade and Industry  is putting on hold its proposal to impose a five percent tariff on imported products to raise more money for the government’s coronavirus response.
                    [DatePublished] => 2020-05-26 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1473425
                    [AuthorName] => Louella Desiderio
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 315766
                    [Title] => Tariff body urged to hasten review of 2006 program
                    [Summary] => Local Industries are urging the Tariff and Related Matters (TRM) Committee to hurry up and finish their comprehensive review of the 2006 tariff program as the delay is causing havoc with the industries’ business plans for this year.


Business planners are currently relying on 2005 tariff rates, at least for the first quarter or the first half of 2006, as the technical committee of the Cabinet-level TRM has not yet finished its own review of the earlier submitted comprehensive overhaul done by the Tariff Commission.
[DatePublished] => 2006-01-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 231795 [Title] => Gov’t hikes tariff rates on 627 goods [Summary] => The government is expecting to raise P1.5 billion from the latest decision of the Cabinet-level Tariff and Related Matters (TRM) Committee to raise the tariff rates on 627 locally produced products.

The TRM had been tasked to conduct review of the country’s Most Favored Nation (MFN) tariff rates.

The review involved 4,574 tariff lines of which 1,371 are locally produced and 3,190 lines are not locally produced.
[DatePublished] => 2003-12-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 180998 [Title] => TRM recommends status quo on industries’ bid for tariff hike [Summary] => The Trade and Related Matters (TRM) committee is recommending a status quo on all the requests of various industries for an increase in their tariff levels, both for the Common Effective Preferential Tariff (CEPT) scheme under the Asean Free Trade Area and the Most Favored Nation (MFN) rates under the World Trade Organization (WTO).

Under the CEPT-AFTA, the Philippines, along with its ASEAN counterparts, is supposed to bring down its tariff rates to between zero to five percent by January next year.
[DatePublished] => 2002-10-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 86871 [Title] => DTI eyes zero duty for raw materials [Summary] => He said there is a consensus among the members of the Cabinet committee on Tariff and Related Matters (TRM) to bring down the existing tariff on raw materials. The TRM is headed by Roxas.

"However, there was no final decision yet as the other members of the TRM want to get a better estimate on the possible revenue implication," Roxas explained.

Government sources said a soft estimate on the possible revenue loss once the proposal is implemented amounts to about P3 billion.
[DatePublished] => 2001-07-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 98185 [Title] => Government urged to freeze tariff rates [Summary] => Manufacturers want the government to freeze tariff rates at 2000 levels across all tariff lines, saying that the selective freeze approved by the Cabinet committee on Tariffs and Related Matters (TRM) would do little to lower production costs unless all tariffs are reduced.

The Federation of Philippine Industries (FPI), an organization of 80 of the biggest manufacturers and manufacturers associations, told reporters that the tariffs on all raw materials not produced locally should be brought down to zero as soon as possible.
[DatePublished] => 2000-12-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 98149 [Title] => Petrochem, auto industries to enjoy tariff protection till 2004 [Summary] => Prompted by aggressive lobbying by petrochemical and automotive manufacturers, government has agreed to continue protecting these two industries until 2004.

The decision came during the meeting of the Cabinet committee on Tariffs and Related Matters (TRM) which finally made the official decision to retain 2000 tariffs until 2001, with a few exceptions.

The TRM said over the weekend that the Cabinet has decided to revise its tariff reduction schedule but the target to bring down tariffs to five percent by 2004 would stay.
[DatePublished] => 2000-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98837 [Title] => Local manufacturers worried over gov’t stand on tariff issue [Summary] => Domestic manufacturers expressed alarm over the possible reversal of government’s decision to freeze tariff rates in 2001 at present levels, following the rejection of their request to lower the tariff imposed on local industries.

The Federation of Philippine Industries (FPI), a powerful lobby group composed of the country’s manufacturing firms, said the manufacturing industry could not withstand a "double whammy" at a time when interest rates are sky-high and the peso is still lingering in historical lows.
[DatePublished] => 2000-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
TRM
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 2016449
                    [Title] => DTI rethinks proposed tariff on imported goods
                    [Summary] => The Department of Trade and Industry  is putting on hold its proposal to impose a five percent tariff on imported products to raise more money for the government’s coronavirus response.
                    [DatePublished] => 2020-05-26 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1473425
                    [AuthorName] => Louella Desiderio
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 315766
                    [Title] => Tariff body urged to hasten review of 2006 program
                    [Summary] => Local Industries are urging the Tariff and Related Matters (TRM) Committee to hurry up and finish their comprehensive review of the 2006 tariff program as the delay is causing havoc with the industries’ business plans for this year.


Business planners are currently relying on 2005 tariff rates, at least for the first quarter or the first half of 2006, as the technical committee of the Cabinet-level TRM has not yet finished its own review of the earlier submitted comprehensive overhaul done by the Tariff Commission.
[DatePublished] => 2006-01-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 231795 [Title] => Gov’t hikes tariff rates on 627 goods [Summary] => The government is expecting to raise P1.5 billion from the latest decision of the Cabinet-level Tariff and Related Matters (TRM) Committee to raise the tariff rates on 627 locally produced products.

The TRM had been tasked to conduct review of the country’s Most Favored Nation (MFN) tariff rates.

The review involved 4,574 tariff lines of which 1,371 are locally produced and 3,190 lines are not locally produced.
[DatePublished] => 2003-12-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 180998 [Title] => TRM recommends status quo on industries’ bid for tariff hike [Summary] => The Trade and Related Matters (TRM) committee is recommending a status quo on all the requests of various industries for an increase in their tariff levels, both for the Common Effective Preferential Tariff (CEPT) scheme under the Asean Free Trade Area and the Most Favored Nation (MFN) rates under the World Trade Organization (WTO).

Under the CEPT-AFTA, the Philippines, along with its ASEAN counterparts, is supposed to bring down its tariff rates to between zero to five percent by January next year.
[DatePublished] => 2002-10-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 86871 [Title] => DTI eyes zero duty for raw materials [Summary] => He said there is a consensus among the members of the Cabinet committee on Tariff and Related Matters (TRM) to bring down the existing tariff on raw materials. The TRM is headed by Roxas.

"However, there was no final decision yet as the other members of the TRM want to get a better estimate on the possible revenue implication," Roxas explained.

Government sources said a soft estimate on the possible revenue loss once the proposal is implemented amounts to about P3 billion.
[DatePublished] => 2001-07-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 98185 [Title] => Government urged to freeze tariff rates [Summary] => Manufacturers want the government to freeze tariff rates at 2000 levels across all tariff lines, saying that the selective freeze approved by the Cabinet committee on Tariffs and Related Matters (TRM) would do little to lower production costs unless all tariffs are reduced.

The Federation of Philippine Industries (FPI), an organization of 80 of the biggest manufacturers and manufacturers associations, told reporters that the tariffs on all raw materials not produced locally should be brought down to zero as soon as possible.
[DatePublished] => 2000-12-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 98149 [Title] => Petrochem, auto industries to enjoy tariff protection till 2004 [Summary] => Prompted by aggressive lobbying by petrochemical and automotive manufacturers, government has agreed to continue protecting these two industries until 2004.

The decision came during the meeting of the Cabinet committee on Tariffs and Related Matters (TRM) which finally made the official decision to retain 2000 tariffs until 2001, with a few exceptions.

The TRM said over the weekend that the Cabinet has decided to revise its tariff reduction schedule but the target to bring down tariffs to five percent by 2004 would stay.
[DatePublished] => 2000-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98837 [Title] => Local manufacturers worried over gov’t stand on tariff issue [Summary] => Domestic manufacturers expressed alarm over the possible reversal of government’s decision to freeze tariff rates in 2001 at present levels, following the rejection of their request to lower the tariff imposed on local industries.

The Federation of Philippine Industries (FPI), a powerful lobby group composed of the country’s manufacturing firms, said the manufacturing industry could not withstand a "double whammy" at a time when interest rates are sky-high and the peso is still lingering in historical lows.
[DatePublished] => 2000-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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