Good afternoon, everyone. Thank you, Philippine Retailers Association Chairman, Atty. Paul Santos, and President Rosemarie Bosch-Ong, for having me today. I would like to greet PRA Vice Chairs Jorge Mendiola and Bernie Liu, and the PRA Board of Directors. Thank you to our hosts for bringing us together. Retail trade in the Philippines has been continue reading : Speech of Trade Secretary Alfredo E. Pascual, Philippine Retailers Association (PRA) Q2 2022 General Membership Meeting
Consumers should be provided with payment options when purchasing products and services noting the practice of a number of retailers in requiring installment only sales, the Department of Trade and Industry (DTI) sees the need to reiterate the applicable provisions of the Consumer Act of the Philippines and other relevant laws to ensure that consumers continue reading : DTI conducts public hearings on the draft Guidelines for Payment Options on the Purchase of Consumer Products and Services
Following the issued Joint Memorandum Circular No. 3 series of 2020 where the role of Local Price Coordinating Councils in the LGUs are being strengthened to manage the unreasonable and excessive price increase of Basic Necessities and Prime Commodities (BNPCs), the Department of Trade and Industry (DTI), together with the Department of Agriculture (DA), discusses continue reading : DTI, DA tap LGUs to strengthen price monitoring of Agri Products