DAO NO.10-08 s2010
  Further amending the revised implementing rules and regulations of Act No. 3883, as amended, otherwise known as the Business Name Law.
   
   
   
  Diskwento Caravan Schedule 2013
   
   
   

SEC Investor Alert


Warning to the Public

In view of the numerous complaints DTI has received against CLEVERBUY INC., the Public is hereby warned to be cautious in dealing with the said company.

Online merchants with sales promo offers such as discounts are required to secure sales promotion permits from DTI.

For verification of DTI permit numbers, please visit www.dtincr.ph or call DTI Direct at 7513330.

Warning Against Fake Franchisors

DTI-NCR advises the public to beware of franchise scams. In general, said scheme involves the following:

  • Individuals are offered a franchise package wherein individual prospects are offered to set-up their own retail business relating to the sale of consumer products.
  • It is represented that a continuing business relationship would be established between the franchisor and the franchisee through the supply of the former to the latter of products, supplies, inventory and branding/advisory services.
  • A franchise agreement or contract is subsequently entered into by the parties. However, once the fees are paid by the franchisees, franchisors are unable to supply said products and supplies, or are unable to provide continued support to the franchisees in their business, which is in violation of the promises and representations made by the franchisor.

The public may call the following franchise associations to verify if a franchisor is a legitimate member:

Philippine Franchise Association 687.0365 to 67
Filipino International Franchise Association 912.2946
Association of Filipino Franchisers, Inc. 642.1829, 900.0002
Food Cart Association of the Philippines 821.5011, 497.5300

For more information about franchising, call DTI-Direct at 751.3330 or click here.

Warning Against Text-Based Scams


Have you ever received a text message informing you that you’ve won a large sum of money? And the sender asks you to deposit money in a certain bank account to expedite the processing of your prize?

Think before you give out any personal information or spend a certain amount of money for the prospect of an even bigger ‘prize’.

First, ask yourself if you joined any contest. If not, there is a very slim chance that you won this expensive prize.

DTI-NCR reminds the public that no person shall conduct any sales promotion campaign without first securing a permit from the concerned government agency. This is to ensure that the participating public is protected against deceptive or irresponsible conduct of the sales promo scheme.

Further, for prizes exceeding P500, the law requires that the winner be notified through registered mail, and not through text messages alone.

For inquiries about sales promotions and the validity of promo permit numbers, please call 811.8231 or 811.8367.