Infrastructure graft weighs down cement demand

MANILA, Philippines — Weaker government infrastructure spending, weighed down by a multibillion-peso corruption scandal, dragged down the construction supplies industry in 2025. Cement makers estimate a 3-percent drop in full-year demand. Reinier Dizon, president of the Cement Manufacturers Association of the Philippines (Cemap), said demand softened notably in the fourth quarter. This, as scrutiny over