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Business > Top Business
DA, DTI hail law vs smuggling, hoarding
By Janine Alexis Miguel
Sep 28, 2024 12:19 am

THE Department of Agriculture (DA) and the Department of Trade and Industry (DTI) hailed the recent signing of a new law that classifies smuggling and hoarding of agricultural products worth over P10 million as economic sabotage.

President Ferdinand Marcos Jr. on Wednesday approved the Anti-Agricultural Economic Sabotage (AGES) Act, which imposes stricter penalties against smugglers and hoarders of agricultural food products, especially cartels.

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