The Philippine Online Dispute Resolution System (PODRS) will serve as the Web-based consumer complaint portal of the country where consumers can file complaint and seek redress in relation to the product purchased or service availed either online of offline from a business establishment or platform located in the Philippines.
The online Chain Distribution Plans or Pyramid Sales Schemes tend to focus more on the recruitment of new potential members rather than encouraging its members and franchisees to actually sell products and services to consumers accompanied with promise of high returns of investment in a short period of time.
DTI official Marie Sherylyn said “there is a need to get rid of bad regulations that could stifle competition and inhibit innovation” as the digital economy continues to flourish in the country.
Electronics, which make up 61% of all exports, grew by 25% compared to March last year. DTI secretary Ramon Lopez attributed this growth to chip demand due to upgrades to IT systems, new smartphones, auto demand, and automation.
The Department of Trade and Industry (DTI) launched on Wednesday, May 5, the national artificial intelligence (AI) roadmap which made the Philippines one of the first 50 countries in the world to have a national strategy and policy on AI.
The Department of Trade and Industry - Bureau of Philippine Standards (DTI-BPS) has called on commercial training centers to “cease reproducing -- digitally or in print -- copies of standards developed by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), including those adopted as Philippine National Standards (PNS), as such practice constitutes copyright infringement”.
The Steering Committee will provide strategic guidance and oversight in the formulation, implementation, and development of the Philippine Startup Development Program.
DTI undersecretary Rafaelita Aldaba said the pandemic has also forced traditional enterprises and startups to create new digital business models to diversify revenue streams.