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The Department of Trade and Industry (DTI) announced the issuance of Joint Administrative Order (JAO) No. 22-01, series of 2022, or the Guidelines Reiterating the Laws and Regulations Applicable to Online Businesses and Consumers. Under the JAO, government agencies shall develop a system to exchange intelligence/information on prohibited and regulated items monitored online, including automatic […]
Senator Sonny Angara issued an appeal to the banks and mobile payment systems to suspend the collection of fees for digital transactions while the country is still dealing with the COVID-19 pandemic. Several banks and mobile money services will resume their collection of fees in spite of an appeal by the Bangko Sentral ng Pilipinas […]
Given the radical change in the country’s business climate with more online businesses registering, Senator Win Gatchalian is pushing for the ‘Internet Transactions Act’ to put in place strict regulations to protect consumers from unethical and unscrupulous business practices on the internet. Gatchalian’s Senate Bill 1591 aims to update the country’s regulatory environment to protect […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez said his office had received nearly 10,000 complaints related to fraudulent online transactions in the first six months of the year. In the virtual Kapihan sa Manila Bay, Lopez said around 1,000 complaints were filed in the first quarter of the year, and the rest were […]