
MANILA (Mindanao Examiner / July 20, 2014) – President Benigno Aquino has signed into law five bills aimed at economic growth, consumer protection, and enhancing the drug abuse law, a government spokesman Herminio Coloma said.
Coloma said the following laws have been signed – R.A. 10641: An Act Allowing the Full Entry of Foreign Banks in the Philippines, Amending for the Purpose R.A. 7721 and R.A. 10644: An Act Promoting Job Generation and Inclusive Growth Through the Development of Micro, Small, and Medium Enterprises.
R.A. 10642: An Act Strengthening Consumer Protection in the Purchase of Brand New Motor Vehicles and R.A. 10643: An Act to Effectively Instill Health Consciousness through Graphic Health Warnings on Tobacco Products.
While Republic Act 10640 is for the amendment of the a provision of R.A. 9165 to strengthen the law for drug enforcement. This is entitled An Act to Further Strengthen the Anti-Drug Campaign of the Government, Amending Section 21 of R.A. 9165, otherwise known as The Comprehensive Dangerous Drugs Act of 2002.
“Maaaninag sa mga bagong batas na ito ang pagpapatuloy ng mga reporma sa larangan ng ekonomiya at kabuhayan, paglikha ng mas marami pang hanapbuhay, at pangangalaga sa kalusugan at kapakanan ng mga mamamayan,” Coloma said.