Question & AnswerQ&A (LETTER OF INSTRUCTIONS NO. 501)
All Heads of Departments, Bureaus and Offices, Agencies, Government Owned or Controlled Corporations and Instrumentalities thereof are the primary addressees.
All government offices and agencies are directed to fully support, patronize, and purchase locally-manufactured or produced equipment, parts, accessories, supplies, materials, and other similar articles needed in their operations.
Purchasing and importing foreign-manufactured equipment and supplies is considered detrimental to the government's industrial development program and the growth of local producers and manufacturers.
The Department of Trade is responsible for implementing the instructions.
The Department of Trade must establish an information system with updated data on local manufacturers, monitor and attend to marketing requests from producers, provide linkages between manufacturers and buyers, coordinate with other government agencies, and perform other functions necessary to achieve the objectives.
Yes, it was issued by President Ferdinand E. Marcos by virtue of the powers vested in him by the Constitution.
Small and medium industries, local manufacturers, and producers benefit directly as the policy aims to promote their products and generate employment and income opportunities.
It took effect immediately upon issuance on January 28, 1977.
The Philippine Chamber of Industries is to be consulted by the Department of Trade in promulgating guidelines, rules, and regulations to implement the letter's directives.