Tag: DTI
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DTI Trustmark Goes Voluntary for Philippine E-Commerce
DTI shifts to voluntary E-Commerce trustmark amid merchant pushback The Department of Trade and Industry (DTI) has announced a temporary, voluntary approach to the E-Commerce Philippine Trustmark, signaling a pause in its previously mandatory rollout. Trade Secretary Cristina Roque disclosed the update during a town hall meeting on Wednesday, October 15, detailing how the policy…
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DTI defers mandatory E-Commerce Trustmark amid online seller concerns
DTI shifts the E-Commerce Trustmark from mandatory to voluntary focus through year-end The Department of Trade and Industry (DTI) announced a major policy reversal on the E-Commerce Philippine Trustmark, moving from a mandatory requirement to a voluntary program through December 31. The move comes after widespread pushback from online merchants who argued that the trustmark…
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DTI Defers Mandatory E-Commerce Trustmark: Online Sellers Welcome Voluntary Push
H2: DTI shifts to voluntary phase for E-Commerce Philippine Trustmark amid seller pushback H3: What changed and why it matters The Department of Trade and Industry (DTI) announced a significant policy pivot on the E-Commerce Philippine Trustmark, signaling a move from mandatory to voluntary status through December 31. Trade Secretary Cristina Roque disclosed the adjustment…
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RBA Chief Warns First Home Guarantee Could Lift LVRs and Riskier Loans
RBA Warning: First Home Guarantee May Increase LVRs The Reserve Bank of Australia (RBA) is flagging potential risks tied to the federal government’s expanded First Home Guarantee scheme. Central bank governor Michele Bullock told Senate estimates that while the policy aims to boost home ownership, it could, on balance, lead borrowers to take on higher…
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DTI Pushes for PCAB Reform to Curb Conflict of Interest
Introduction The Department of Trade and Industry (DTI) is advocating for significant amendments to the Contractors’ License Law to tackle potential conflicts of interest. This move comes in the wake of the resignation of key officials from the Philippine Contractors Accreditation Board (PCAB) amid allegations of irregularities in flood control projects. Trade Secretary Cristina Roque…
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DTI Proposes Amendments to PCAB Law to Prevent Conflicts of Interest
Introduction The Department of Trade and Industry (DTI) is taking significant steps to amend the Contractors’ License Law in response to rising concerns regarding conflicts of interest within the Philippine Contractors Accreditation Board (PCAB). Following the resignation of several top officials amid allegations of improper conduct, these proposed changes aim to promote transparency and uphold…
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DTI Proposes PCAB Reforms to Mitigate Conflict of Interest
Introduction to DTI’s Proposed Reforms The Department of Trade and Industry (DTI) is taking significant steps to amend the Contractors’ License Law, aimed at addressing potential conflicts of interest within the Philippine Contractors Accreditation Board (PCAB). This initiative follows the resignation of key PCAB officials embroiled in a controversy linked to anomalous flood control projects.…