Valenzuela praised for protecting consumers
THE Department of Trade and Industry (DTI) has commended Valenzuela City for setting up nine 'Timbangan ng Bayan' as part of a nationwide approach to protect consumers.
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THE Department of Trade and Industry (DTI) has commended Valenzuela City for setting up nine 'Timbangan ng Bayan' as part of a nationwide approach to protect consumers.
MANILA - President Rodrigo Duterte has signed a law establishing Timbangan ng Bayan centers in public and private markets to protect consumers from deceptive and unfair sales acts and practices. RA 11706, signed by Duterte on April 13, amends Chapter II, Title III of RA 7394 otherwise known as the Consumer Act of the Philippines. Under the new law, Article 62-A directs all provincial, city, and municipal governments to establish accessible Timbangan ng Bayan Centers in all public and private markets, including supermarkets, and when practicable, in flea markets or tiangges and grocery stores, ...
Congress has ratified a measure that imposes stiffer penalties on fraudulent and abusive vendors in markets.
House of Representatives (Contributed photo) MANILA - The House of Representatives on Wednesday night ratified the bicameral conference committee report on the measure proposing amendments to the Public Service Act (PSA) in a bid to attract more foreign investments. During the plenary session, the chamber approved the final version of the proposed amendments to the PSA, which seek to ease the restriction on foreign investments in public services. The bill effectively opens up to 100 percent foreign equity on all economic sectors in the country except the transmission and distribution of electr...
Senate OKs bill creating ‘Timbangan ng Bayan Centers’ in public, private markets