
Substandard Steel Use a 'Bigger' Problem Than Known, Marcos Says
President Ferdinand 'Bongbong' Marcos Jr. has stated that the issue of substandard steel being used as building material in the Philippines is a 'bigger' problem than most people realize. The proliferation of substandard steel manufacturers and distributors, which began around 2018, is suspected to be a cause for some building collapses. The president emphasized the need for enhanced inspection systems and pre-use testing of materials.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Philippine manufacturers halt expansion plans due to rising costs, says FPI
Philippine manufacturers are forced to put expansion plans on hold as they grapple with rising costs for raw materials and logistics, caught between price hikes and demand preservation, according to the Federation of Philippine Industries (FPI).
- Japanese business chamber questions DOE-DENR asset-surrender rule
The Japanese Chamber of Commerce and Industry has expressed concerns over a new asset-surrender rule for upcoming coal mine site bids, warning it could deter investors. The chamber urged the Department of Energy and Department of Environment and Natural Resources to review the provision.
- Gatchalian Urges Stricter Oversight of Pet Service Providers
Philippine Senate President Sherwin Gatchalian has called for enhanced oversight of pet service providers, urging local government units and relevant agencies to inspect and audit businesses like crematoriums to ensure compliance with licensing, environmental, and operational standards.
- Philippines Eyes Oil Hub Deal with UAE
A Philippine delegation is in talks with the UAE's ADNOC for a strategic oil storage facility, aiming to bolster national energy security and position Manila as a regional oil hub. The partnership targets a Q2 2027 rollout.