Metro Manila (CNN Philippines, February 15) — President Rodrigo Duterte has signed a legislation that will provide election candidates additional discounts for political advertisements on radio and television.

Executive Secretary Salvador Medialdea on Friday confirmed Duterte has approved the "Act Providing for Reasonable Rates for Political Advertisements."

The Senate in October approved Senate Bill No. 1985, which will require higher discount rates for political advertisements in the two platforms during the elections.

The action is seen to provide candidates the "chance to share their platforms" to the public as well as to "pave the way for more informed voters."

More details to follow. This is a developing story.