According to foreign media sources, the Philippines will implement tax-free access policies for all US-made textiles, yarns, and fabrics, in order to obtain the privilege of the Philippines' duty-free access to the US market. It is reported that the Ministry of Trade and Industry of the Philippines ("Ministry of Industry and Trade") is preparing to revise the "Save the Industrial Law" draft, which has been shelved three times by the United States Congress. Cristino L.Panlilio, deputy minister of the Ministry of Industry and Trade of the Philippines, said that they are redrafting the bill to increase the acceptance of industry professionals.
According to Cristino L.Panlilio, deputy director of the Ministry of Industry and Trade of the Philippines, currently a Philippine garment manufacturer can import 70% of raw materials from the United States duty-free, produce garments and then export to the U.S. market. The remaining 30% of imports need to be taxed at the current tax rate. .
The U.S. textile associations are working hard to open up the emerging Filipino market and hope that the Philippine government will lift this restriction and allow all U.S. raw materials (including textiles, yarns, and fabrics) to enter the Filipino market duty-free. In exchange, clothing products made in the Philippines can be exported to the US market duty-free. The revised draft will help the United States resolve the trade losses of 200 million to 220 million U.S. dollars caused by the annual tax-free imports of Philippine clothing and apparel products.
This major loss of income is the main reason why the U.S. Congress has shelved the "saving of industrial law" three times. He also stated that accepting the request of the American Textile Association means that the Philippine government will give up some income, so they have already contacted the Ministry of Finance on this matter. The Philippine government will allow tax exemptions for the remaining 30% of the US imported raw materials, as this will promote the production of its domestic garments, thereby further creating job opportunities. This will also further promote the Philippines' garment exports to the United States.
Custom printed Coreflute logo
The Corflute signage is ideal for any short or medium term, indoor or outdoor signage needs.
Although it is not recommended to use the corflute logo for a long time, it still offers many qualities.
Custom printed Coreflute logo can be Die Cut any size to meet the needs of different customers
The Corflute logo offers an affordable alternative to the advantages of a strong, durable, lightweight, waterproof product. Whenever you change your event easily
need. Create such an easy-to-use ad that you can take with you for everyone to watch.
The plastic corrugated logo is a proven solution for versatile short-term advertising. change
Get detailed information at the lowest cost and still maintain the quality image of your brand.
Features and benefits
• Custom printed graphics for exclusive brands.
• High resolution full color imaging on all Corflute logos.
• Lightweight, 100% portable.
•flexible. Suitable for indoor trade shows or outdoor sports.
• Cost effective. The Corflute logo is one of the most cost-effective signs on the market.
• Any shape you want. Corflute folds or bends into any shape you want.
application
• Perfect for indoor and outdoor use and widely used in the real estate industry
Trading people in the construction industry.
• Industries include: real estate 'for sale' signs, political events, fair signs, exhibitions or events
Signage, architectural sign or trade show sign.
technical details
•thickness
Coreflute is available in thicknesses up to 1200mm x 2400mm and is available in thicknesses of 3mm, 5mm and 6mm.
8mm.3mm is only suitable for smaller signs and is usually only used indoors.
5mm is the most commonly used thickness, used inside and outside, rigid enough
It is useful even at full paper size. The 6mm and 8mm versions are often used less frequently.
Additional rigidity or robustness is necessary.
• Also known as: cor-flute, pastic, corrugated signage, printed trade mark, architectural sign.
• Produce full color corflute logos using the latest digital solvent printing technology.
• Use the computer to cut vinyl lettering to create a simple corflute logo.
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