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After World War II, President Manuel Roxas issued Executive Order (EO) No. 94 on October 4, 1947, creating the Department of Commerce and Industry (DCI). [4] Cornelio Balmaceda, a much sought-after professor of economics and director of the Bureau of Commerce (BOC), was appointed acting secretary of the newly created Department of Commerce and Industry.
The Philippine Competition Commission creates a regulatory framework for market competition in order to safeguard consumers, with the goal of providing them with more alternatives for what goods or services to purchase. It would also have the effect of creating competitive businesses that would encourage economic efficiency and innovation. [1]
The initial definition was offered first in Republic Act 8792, Section 32 better known as the eCommerce Act of the Philippines and was formally introduced by the Department of Trade and Industry (DTI) on its Department Administrative Order #08 – Defining Guidelines for the Protection of Personal Data in Information Private Sector.
www.dti.gov.ph The secretary of trade and industry ( Filipino : Kalihim ng Kalakalan at Industriya ) is the head of the Department of Trade and Industry and is a member of the president’s Cabinet .
OTOP Next Gen is DTI's program to further boost these products and services. Building from the gains of OTOP's first generation, the initiative offers a package of public-private assistance for MSMEs with minimum viable products to develop new and better offerings in areas including quality, product development, design, standards compliance ...
Ramon Mangahas Lopez is a Filipino businessman who served as the Secretary of Trade and Industry under the Duterte administration from 2016 to 2022. After his term as Department of Trade and Industry Secretary, he was elected as Independent Director of SM Investments Corporation (SMIC) on August 3, 2022.
The right to consumer education states that consumers should be able to acquire knowledge and skills needed to make informed, confident choices about goods and services while being aware of basic consumer rights and responsibilities and how to act on them.
Consumer interests can also serve consumers, consistent with economic efficiency, but this topic is treated in competition law. Consumer protection can also be asserted via non-government organizations and individuals as consumer activism. Efforts made for the protection of consumer's rights and interests are: The right to satisfaction of basic ...