Rep. Stella Luz A. Quimbo, who represents Marikina which is known as the Philippine shoe capital, filed House Bill 10723 or the Philippine Footwear, Leather Goods, and Tannery Industries Development Act of 2022. READ:
Rep. Stella Luz A. Quimbo, who represents Marikina which is known as the Philippine shoe capital, filed House Bill 10723 or the Philippine Footwear, Leather Goods, and Tannery Industries Development Act of 2022.
Under the bill, government support and benefits will be given to the industry’s manufacturers and sellers such soft loan packages and training programs. The proposed law will also set up a Competitive Enhancement Fund that would support the marketing of footwear and leather products as well as help them pay the rent on their business location.The bill, which just passed through first reading, also seeks to protect Philippine products by imposing penalties on those who falsely declare their goods as locally-made.
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