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Under Sec. 3 of RA 10667, the Commission shall impose this Act against any person or entity engaged in any trade, industry and commerce in the Republic of the Philippines. Moreover, it shall also be applied to international trade with direct, substantial, and reasonably foreseeable effects in trade, industry and commerce. [3]
The Philippine Competition Act, officially designated as Republic Act No. 10667, is a Philippine law that was signed into law by President Benigno Aquino III on July 21, 2015, and established the quasi-judicial Philippine Competition Commission to enforce the act.
Fair trade, by this definition, is a trading partnership based on dialogue, transparency and respect, that seeks greater equity in international trade. Fair trade organizations, backed by consumers, support producers, raise awareness and campaign for changes in the rules and practice of conventional international trade. [3]
The Philippines has signed a free trade deal with South Korea, its president said on Thursday, completing four years of negotiations between the countries on trade and investment ties. Philippine ...
The United States was consistently ranked as one of the Philippines' favorite nations in the world—90% of Filipinos viewed the U.S. and 91% viewed Americans favorably in 2002; [4] [5] 90% viewed U.S. influence positively in 2011; [6] 85% viewed the U.S. and Americans favorably in 2013; [7] 92% viewed the U.S. favorably in 2015; [8] and 94% ...
As required by the Bell Trade Act, a plebiscite was held in the Philippines to amend the Philippine Constitution to provide for "parity rights" between American and Philippine citizens. Prior to the plebiscite, the Constitutional amendment had to be approved by the Philippine Congress, which required a 3/4 vote by the Philippine House and ...
The fair-trade system is inefficient at transferring coffee consumers’ goodwill to producers. Direct trade is probably more efficient and sustainable than fair trade. Artificially stimulating more coffee production keeps coffee growers poor, because overproduction makes the prices fall on the world markets.
The Taft Commission, also known as the Second Philippine Commission (Filipino: Ikalawang Komisyon ng Pilipinas, Spanish: Segunda Comisión de Filipinas), was established by United States President William McKinley on March 16, 1900, following the recommendations of the First Philippine Commission, using presidential war powers while the U.S. was engaged in the Philippine–American War.