NextGen Day

On Friday, House Speaker Martin Romualdez reaffirmed the House of Representatives commitment to intensifying its efforts to create the legal framework for the nation’s digital transformation, which is essential to fostering the recovery of the economy and promoting growth.

Following President Ferdinand R. Marcos, Jr.’s participation in the Asia-Pacific Economic Cooperation (APEC) 29th Leaders’ Meeting (AELM), where he highlighted the need to reduce the digital divide among the region’s economies in order to expand opportunities for international trade and investment and promote inclusive growth, Romualdez provided the assurance.

Romualdez noted that one of the 20 priority initiatives the President identified in his State of the Nation Address, the proposed Internet Transaction Act or E-Commerce Law, has already received approval from the House Committee on Trade and Industry in a condensed form (SONA).

The law suggests setting up an E-Commerce Bureau to control online business activity and safeguard consumers who make purchases online.

The proposed e-Government and e-Governance Act is another of President Marcos’ priority policies, and we are working just as hard to see it passed, Romualdez said.

The technical working group for the proposed e-Governance Act and e-Government Act was conducted last week by the House Committee on Information and Communications Technology. Its goal was to harmonize and improve the contents of both acts.

House Bill (HB) No. 3, also known as the proposed E-Governance Act of 2022, was primarily written by Romualdez. Ferdinand Alexander “Sandro” Marcos, the representative for Ilocos Norte, and members of the Tingog Party list are his co-authors. Jude Acidre as well as Yedda Marie Romualdez.

The government’s policies “must be sensitive to the needs of our people, rather than burdening them with absolutely needless restrictions,” according to Romualdez, who filed HB No. 3.

According to Romualdez, the adoption of these measures will also help to provide the right conditions for micro, small, and medium-sized enterprises (MSMEs) to not only recover from the pandemic’s consequences but also to thrive.

President Marcos stated in his APEC speech that closing the digital divide will “enable disadvantaged portions of our economies to engage in the digital economy and enable our economies to handle future employment difficulties through human resource development.”

The President also mentioned the country’s efforts, such as the Innovative Start-Up Act, the Philippine Innovation Act, and the e-Commerce Philippine Roadmap 2022, to prepare the Philippines for success in the digital economy.

E-Commerce According to the DTI, Philippine Roadmap 22 aims to make online shopping “as simple as pointing your finger in a certain direction, tapping your fingers on the keyboard, clicking your mouse, or hitting a button.”

The Philippine Innovation Act, on the other hand (Republic Act No. 11293) aims to generate and scale up action in all levels and areas of education, training, research, and development in order to promote innovation and internationalization activities of MSMEs as catalysts for sustainable and inclusive growth.

The Philippines’ creative and entrepreneurial ecosystem and culture are intended to be strengthened, promoted, and developed through the Innovative Startup Act (RA 11337), which was signed into law on April 26, 2019.

Save/Share this story with QR CODE

---

Disclaimer

This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

📩 Need to get in touch?

📩 Feel free to Contact NextGenDay.com for comments, suggestions, reviews, or anything else.

---

We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❤️GIVE A TIP. Send a small donation thru Paypal😊❤️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) 🛒 BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) 👍 Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).

---

AFFILIATE PARTNERS

World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.

---