Expanded bill vs economic sabotage sponsored at House plenary

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 83%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Apart from expanding the acts prosecutable as economic sabotage, the measure also imposes heavier penalties.

MANILA — A measure seeking to declare the large-scale hoarding, profiteering, cartelizing and other acts of market abuse of agriculture and fishery commodities as economic sabotage has reached the plenary at the House of Representatives.

The measure also reduces the threshold for large-scale smuggling from the current P10 million to only P1 million. “The law aims to boost the productivity of the agricultural sector and to protect Filipino farmers and agricultural enterprises from unscrupulous traders and importers.,” Enverga said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NCAA Season 99 kicks off with expanded calendar, MOA Arena basketball openerThe NCAA continues to re-expand beyond the pandemic's chokehold as Season 99 features more sports and a return to the Mall of Asia Arena for men's basketball
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Indigent medical aid expanded to Region 11 private hospitalsThe Department of Health in Davao Region (DOH-11), Southern Philippines Medical Center (SPMC), and the private-owned Brokenshire Medical Center (BMC) signed a memorandum of agreement (MOA) on Wednesday to expand the Medical Assistance to Indigent Patients (MAIP) program to private hospitals. MAIP
Source: EdgeDavao - 🏆 23. / 51 Read more »

Expanded DA Young Farmers Challenge 2023 to launch soonOn September 28, 2023, the Department of Agriculture (DA), through the Agribusiness and Marketing Assistance Service (AMAS) in collaboration with
Source: MlaStandard - 🏆 20. / 55 Read more »

‘Sierra Madre’ falling apart; SolGen to handle WPS caseThe BRP Sierra Madre, which was deliberately grounded on Ayungin (Second Thomas) Shoal in 1999 to serve as an outpost
Source: MlaStandard - 🏆 20. / 55 Read more »

College equivalency bill hurdles 3rd readingThe House of Representatives has approved on third and final reading the proposed law institutionalizing the Expanded Tertiary Education Equivalency
Source: MlaStandard - 🏆 20. / 55 Read more »

House to pass 2024 budget bill next week -- RomualdezTHE House of Representatives will approve the proposed P5.768-trillion 2024 national budget on third and final reading before Congress goes on break next week.
Source: TheManilaTimes - 🏆 2. / 92 Read more »