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Prior to this law, the Electronic Commerce Act of 2000 (RA 8792) was enacted to acknowledge that aside from the Article II, Section 24 of the 1987 Philippine Constitution providing that, "The State recognizes the vital role of communication and information in nation-building," information and communications technology was emphasized as an up-to-date addition in the Section 2 of the act which ...
The Philippine Internet Commerce Society (PICS) is an advocacy group which promotes electronic commerce in the Philippines. It was founded in September 1997 by Janette Toral. [1] It successfully lobbied for the passage of the Y2K Law, which made industries prepare for the year 2000 and guard themselves from "Y2K Bug" which was expected to ...
The Cybercrime Prevention Act of 2012, officially recorded as Republic Act No. 10175, is a law in the Philippines that was approved by President Benigno Aquino III on September 12, 2012. It aims to address legal issues concerning online interactions and the Internet in the Philippines. Among the cybercrime offenses included in the bill are ...
Rene Cayetano. Renato " Rene " Luna Cayetano ( Tagalog: [rɛˈnɛ kajɛˈtano]; December 12, 1934 – June 25, 2003), commonly known as Compañero, was a Filipino lawyer, television presenter, journalist, and politician. He served in the Regular Batasang Pambansa, representing the lone district of the Metro Manila municipalities of Taguig ...
The initial definition was offered first in Republic Act 8792, Section 32 better known as the eCommerce Act of the Philippines and was formally introduced by the Department of Trade and Industry (DTI) on its Department Administrative Order #08 – Defining Guidelines for the Protection of Personal Data in Information Private Sector.
Electronic Commerce Act of 2000 (Republic Act No. 8792) – Outlaws computer hacking and provides opportunities for new businesses emerging from the Internet-driven New Economy New Securities Act (Republic Act No. 8799) – This law liberalizes the securities market by shifting policy from merit regulation to full disclosure.
In the year 2000, Roxas was named Chairman of the Information Technology and Electronic Commerce Council. This institution, which was composed of members of the government and the private sector, was formed to monitor the implementation of the E-Commerce Law (Republic Act 8792) and programs pushing for the growth of IT-enabled services. [32] [33]
CEO Josh Silverman tells me that since he took over in 2017, Etsy has grown from 2 million to 7 million sellers—and from 30 million to 90 million buyers. Silverman casts it as an essential ...