Latest Breaking News On - President rodrigo roa duterte file photo manila rodrigor has signed an executive order eo directing the department of trade and industry dti to createa franchise registry for protection micro - Page 1 : comparemela.com

President Rodrigo Roa Duterte (File photo) MANILA - President Rodrigo R. Duterte has signed an executive order (EO) directing the Department of Trade and Industry (DTI) to create a Franchise Registry for the protection of micro, small and medium enterprises (MSMEs). EO 169, signed by Duterte on May 12, recognizes that the franchising industry plays a crucial role in sustaining the country's economy by creating job opportunities, boosting consumption, and promoting tourism. "There is a need to intensify government efforts to strengthen the franchising industry to help businesses, especially MSMEs, by developing a transparent and business-friendly environment, and promoting fair and equitable practices," the EO read. EO 169 prescribes the minimum terms and conditions of franchise agreements. Non-MSME franchisees and franchisors may consider the minimum terms and conditions provided as best practice and incorporate the same in their respective franchise agreements. Under the

Rodrigor dutertePhilippine statistics authorityFranchise registryFranchise agreementsGeneral appropriations actPresident rodrigo roa duterte file photo manila rodrigor has signed an executive order eo directing the department of trade and industry dti to createa franchise registry for protection microMall and medium enterprises msmes eo 169Igned by duterte on may 12Ecognizes that the franchising industry playsa crucial role in sustaining country 39s economy by creating job opportunitiesBoosting consumptionNd promoting tourism quot there isa need to intensify government efforts strengthen the franchising industry help businessesSpecially msmesY developinga transparent and business friendly environmentNd promoting fair and equitable practicesUot the eo read 169 prescribes minimum terms and conditions of franchise agreements non msme franchisees franchisors may consider provided as best practice incorporate same in their respective underRanchisors must be responsible for registering their franchise agreements with the dti