Unless one is living under a rock or inside a cave, almost all aspects of our lives are touched by the internet. It is impossible to be offline as the reach of telecoms providing online connection grows wider each day, reaching the remotest barangay, the deepest valley, and even the highest mountain
The House Committee on Trade and Industry on Wednesday approved the proposed Internet Transactions Act, which is a priority measure of the Marcos administration. The committee, chaired by Rep. Mario Vittorio Mariño, passed the unnumbered substitute bill, which consolidated 12 measures. The bill seeks to grow e-commerce in the Philippines…
MANILA - A measure seeking to protect consumers and merchants engaged in Internet transactions has hurdled committee level at the House of Representatives. During its virtual hearing on Wednesday, the House committee on trade and industry approved a consolidated version of the proposed Internet Transaction Act or E-Commerce Law, which is a priority legislation mentioned by President Ferdinand Marcos Jr. in his first State of the Nation Address. The bill proposes to create an E-Commerce Bureau to regulate internet commercial activities and protect consumers who engage in online transactions. The panel expedited the approval of the proposal, citing Rule 10, Section 48 of the House Rules, which authorizes the committees to dispose of priority measures already filed and approved on the third reading in the previous 18th Congress. Batangas Representative Mario Vittorio Marino said the growth of e-commerce transactions has resulted in an apparent need for government regulation. "The exp
TREND. Cristine Joy Arlos arranges decorative items that she sells online at her residence in Barangay San Martin De Porres, Quezon City in this undated photo. She has been in the online selling industry since the Covid-19 pandemic broke out in March 2020. (PNA photo by Robert Oswald P. Alfiler) MANILA - The Department of Trade and Industry (DTI) has requested the Senate to approve the passage into law of the Internet Transactions Act. DTI Assistant Secretary Mary Jean Pacheco said the Internet Transactions Act, or the E-Commerce law, is one of the administration's priority legislative agendas as mentioned by President Ferdinand Marcos Jr. in his first State of the Nation Address. "We'd like to see a robust e-commerce sector that will also protect consumers, data privacy, intellectual property and security, as well as of course product and safety standards," Pacheco said during Monday's virtual organizational meeting with the Committee on Trade, Commerce, and Entr
The trust factor between seller and buyer in the online space must be heightened in order to grow the local e-commerce sector.
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This is essentially the spirit of the House Bill (HB) No.4, or the proposed "An Act providing protection to consumers and merchants engaged in Internet tr