President Ferdinand 'Bongbong' Marcos Jr. signed the Tatak Pinoy Act and the Expanded Centenarian Act on Monday, February 26.
Marcos inked Republic Act 11981, or the Tatak Pinoy (Proudly Filipino) Act, and RA 11982, granting benefits to Octogenarians, Nonagenarians, and Centenarians during the ceremonial signing in Malacañan Palace.
The ceremony was attended by House Speaker Martin Romualdez, Senate President Juan Miguel 'Migz' Zubiri, Executive Secretary Lucas Bersamin, National Economic and Development Authority Secretary Arsenio Balisaca, and several congressmen and senators.
Under the Centenarian Act, all Filipino senior citizens who will reach 80, 85, 90, and 95 shall be entitled to a ₱10,000 gift.
A ₱100,000 gift and letter of feliciation from the Philippine president will be given to Filipinos upon celebrating their 100th birthday.
The National Commission of Senior Citizens is tapped to establish an elderly data management system containing relevant information data of senior citizens.
Meanwhile, Tatak Pinoy Act aims to support and promote Filipino products and services in both the domestic and global markets.
A Tatak Pinoy Council tasked to "formulate metrics on how government agencies and instrumentalities can give preference and priority to Philippine products and services" shall be established.
In his speech, Marcos underscored that Tatak Pinoy "is more than a branding exercise."
"It is about incubating, incentivicing great products that deserve to carry the made in the Philippines trademark. It's not about simply slapping labels on goods and services, but showing their provenance that they are Gawang Pinoy," he said.
"It is about creating products and services of the highest quality, because Tatak Pinoy is also about excellence, and as a seal of great workmanship, it must only be applied to those that meet this high standard. As such, we shall give preference and priority to our products," the president added.
