Bureau of the Treasury touts H1 fiscal record, as revenues hit P1.41 trillion
BusinessMirror - 2018-07-23
The BTr pointed out that robust Bureau of Internal Revenue (BIR) collections from the previous months ensured a better-than-programmed year-to-date collection of P964.5 billion, which is 3 percent better than the programmed P938.7 billion, and 14 percent ...

Nintendo Sues ROM Sites Over Copyright Infringement
Tom's Hardware - 2018-07-23
Nintendo has filed a lawsuit against the alleged creator and owner of two ROM sites, seeking up to hundreds of millions of dollars in damages over emulations of games for its systems. The sites, LoveROMS and LoveRETRO, are being sued in Arizona federal ...

Duterte: No stopping TRAIN law
Rappler - 2018-07-23
The Department of Finance (DOF) proposed to make incentives performance-based, targeted, time-bound, and transparent. Business groups earlier warned that the removal of incentives would scare away potential foreign investors. Duterte also called for ...

OWWA launches P300-million OFW livelihood program
BusinessMirror - 2018-07-23
"The livelihood assistance is a one-time grant that ranges from P250,000 to P1 million relative to the requirements of the business project, and the number of members of the OFW organization applying for the grant," OWWA Administrator Hans Cacdac sai

Deportation of Aussie nun may have to wait
BusinessMirror - 2018-07-23
THE deportation of 72-year-old Australian nun Patricia Fox may not be enforced immediately following her filing of a motion for reconsideration before the Bureau of Immigration (BI) on Monday. "The deportation order cannot be enforced until it becomes final.

State of lawlessness and anarchy
thestandard.com.ph - 2018-07-23
The Supreme Court alone will be increased to four sub-courts. Under the federal system there will be four branches of the Supreme Court--the regional administrative, a federal court, a constitutional court, an electoral court and the main Supreme Court.

Market declines in mixed trading
thestandard.com.ph - 2018-07-23
PLDT Inc., the biggest telecommunications firm dropped 2 percent to P1,344, while Puregold Price Club Inc. of retail tycoon Lucio Co. declined 2.5 percent to P45.25. San Miguel Food and Beverage Inc. jumped 12.9 percent to P70 after parent San Miguel Corp ...

Minimum wage hiked in 9 regions; NCR still assessing
thestandard.com.ph - 2018-07-23
THE daily minimum wage for workers in the private sector in nine regions will soon be raised, Labor Secretary Silvestre Bello III said Sunday. "Daily minimum wage adjustments vary across regions as per recommendations of [their] respective [regional ...

A US lawmaker and the Aquino regime spread fake news to destroy the Marcoses
BusinessMirror - 2018-07-23
"Marubeni Corporation, which was known to have been the largest recipient of project-related business, was found to be entirely proper in its business dealing. The NRB could not find any clue or even suspicion of payoff to Marcos. "Sumitomo, which ...

PHL jobs situation much better today
BusinessMirror - 2018-07-23
While the Philippines remains a net exporter of labor ... Locally, the completion of new hotels, resorts, spas, and other leisure establishments have opened job opportunities for thousands of Filipinos. I believe that with proper education and skills ...

DFA assists 34,579 Pinoys
The Visayan Daily Star - 2018-07-23
During the onslaught of hurricanes Irma and Jose, the DFA also facilitated the evacuation and eventual repatriation of 136 Filipinos from the British Virgin Islands, Puerto Rico, and Sint Maarten on Sept. 14 to 28, 2017. The DFA chartered a Philippine ...

DAR renovates 2 farm-to-market roads in Leyte
Philippine Information Agency - 2018-07-23
He likewise encouraged the recipient barangays to allocate funds from their Internal Revenue Allotment (IRA) for the maintenance of the roads. (DAR) The Philippine Information Agency is the official public information arm of the Government of the Republic ...

Fresh corruption charges vs Sajid Ampatuan over P500-M road projects
Rappler - 2018-07-23
Ampatuan is also out on bail for 58 counts of murder related to the Maguindanao massacre of 2009, the single worst election-related violence in recent history. The Court of Appeals affirmed his bail grant in February 2017.

After Bangsamoro law, a bright yet bumpy path to peace
Rappler - 2018-07-23
The bill seeks a 75-25 wealth sharing between the Bangsamoro and national governments. This means 75% of the national internal revenue collection would go to the Bangsamoro, and 25% to the central government. An annual block grant, pegged at a 5% share of ...

House starts hearing on federal charter this week
philstar.com - 2018-07-22
Several experts said during a Senate hearing on Charter change last week that the proposed federal constitution was confusing and inconsistent, particularly on its provisions on taxation and division of powers. Rosario Manasan, senior research fellow at ...

Cha-cha: More chances for dynasts to steal
philstar.com - 2018-07-22
Example: Father runs for national Congress representing the district of Kami-Kami; son runs for governor of their home province of Pa Rin; and favorite nephew and niece, who are cousins, run for mayors of the capital ... Victor Abola, University of Asia ...

Business cites issues ahead of 3 rd SONA
BusinessWorld - 2018-07-22
"Although under way, we also hope that the second tax reform package will make the Philippines more attractive to investments and in turn, facilitate job creation and poverty reduction," he added, referring to the move to slash corporate income tax ...

Cebu ports remit P300M to Treasury from 2017 income
Sun Star - 2018-07-22
Last year, the CPA made more than P700 million net. After they paid taxes to the Bureau of Internal Revenue, they split the balance of more than P600 million, of which half went to the National Government. Verdan said the CPA, which has its own charter ...

Kuwaiti blogger faces blacklisting - POEA
philstar.com - 2018-07-22
Philippine Overseas Employment Administration (POEA) head Undersecretary Bernard Olalia yesterday said employers who refuse to comply with the bilateral agreement signed between the Philippines and Kuwait should be blacklisted from hiring Filipino ...

Cha-cha, Bangsamoro, budget top Congress list
BusinessMirror - 2018-07-22
and Agriculture (DA), the Judiciary and the Autonomous Region in Muslim Mindanao (ARMM). Meanwhile, House Committee on Constitutional Amendments Chairman Roger G. Mercado of Southern Leyte said his committee will begin this week hearings on the draft ...

Nintendo Sues Popular Console ROM Sites Over Egregious Copyright Infringement
hothardware.com - 2018-07-22
Nintendo is not a fan of third-party emulators and ROMs, to put it lightly. There is an entire FAQ section on its website that explains Nintendo's stance on emulators and ROMs, but lest the point has not been made, the company is suing two of the more ...

Special Report: Should Filipinos worry about the economy?
Sun Star - 2018-07-22
We still have a long way to go before we can really feel and see the full effect of the changes made in our way of life from these developmental policies," he said. He was worried, meanwhile, about the move to shift to a federal form of government.

Development workers face more dangers under Duterte
Bulatlat - 2018-07-22
Out of the 55 CLANS schools, only 14 opened this June because of the ... by elements of the Criminal Investigation and Detection Group (CIDG) and Armed Forces of the Philippines (AFP) on October 19, 2017 in Kabankalan, Negros Occidental.

POEA: Controversial Kuwaiti blogger should be blacklisted
CNN Philippines - 2018-07-22
Metro Manila (CNN Philippines, July 22) -- The Philippine Overseas Employment Administration (POEA) said a controversial Kuwaiti social media personality should be included in an employer blacklist. In an interview on radio station DWIZ Saturday, POEA ...

Ban Kuwait celebrity from hiring Filipinos, says OFW group
Rappler - 2018-07-22
MANILA, Philippines - The Philippine Overseas Employment Administration (POEA) should permanently ban a Kuwaiti social media influencer from hiring Filipino domestic workers, said a nongovernmental organization that specializes in overseas Filipino ...

DOF runs after officials in P11-billion tax credit scam
Rappler - 2018-07-22
MANILA, Philippines - The Department of Finance (DOF) vowed to file charges against individuals and companies involved in an P11-billion scam using anomalous tax credit certificates (TCC). The Commission on Audit (COA) flagged allegedly erroneous ...

COA uncovers P11.2-B anomaly in tax credits
philstar.com - 2018-07-21
MANILA, Philippines -- The One-Stop Shop Inter-Agency and Duty Drawback Center (OSS) had erroneously granted P11.18 billion worth of tax credit certificates (TCC) to 33 textile companies from 2008 to 2014, the Department of Finance (DOF) said. Citing a ...

For noncommercialization of Bt eggplant, Filipino farmers losing P33.85 billion
BusinessMirror - 2018-07-21
Filipino farmers are losing as much as P33.85 billion annually due to noncommercialization of Bacillus thuringiensis (Bt) eggplant as the genetically modified (GM) crop could double their net income, according to an economist. Cesar Quicoy, associate ...

DOLE gives P3.2M worth of business kits to skilled workers in Albay
Rappler - 2018-07-21
ALBAY, Philippines - Sixty skilled workers in Oas town were among the recipients of business kits from the Department of Labor and Employment (DOLE). DOLE distributed P3.2 million-worth of business kits or Kabuhayan Starter Kits to beneficiaries in 3 ...

Still an imperial presidency
thestandard.com.ph - 2018-07-21
In the 1987 Constitution the president must be able to read and write and a reside in the country for at least 10 years while under the proposed charter, he must be a college degree holder ... majority of all members of Congress, voting jointly.

Bello: Over 300,000 workers regularized during Duterte's term
CNN Philippines - 2018-07-21
Metro Manila (CNN Philippines, July 21) -- Hundreds of thousands of contractual workers were regularized during the last two years, according to the labor department. Labor Secretary Silvestre Bello issued a statement Saturday, noting that 321,964 workers ...

DOF eyes carbon emissions tax
philstar.com - 2018-07-21
MANILA, Philippines -- The Department of Finance (DOF) is exploring the possibility of imposing a tax on carbon dioxide emissions to help further reduce pollution and promote alternative sources of energy, a top official said yesterday. In an interview ...

Bangsamoro Autonomous Region in Muslim Mindanao to get P100 billion
philstar.com - 2018-07-20
The latest Social Weather Stations (SWS) survey showed that only about four in 10 Filipinos believe the BOL will bring peace to Mindanao. In the survey conducted from June 27 to 30 using face-to-face interviews of 1,200 adult Filipinos nationwide ...

Appeals Court Tells Lower Court To Consider If Standards 'Incorporated Into Law' Are Fair Use; Could Have Done More
Techdirt - 2018-07-20
On the copyright front, it is important to first note how the court did NOT resolve the question of whether republishing standards incorporated into law constituted copyright infringement. A threshold question in any copyright infringement case is whether ...

State auditors unearth P11-B tax credit anomaly
BusinessWorld - 2018-07-20
"Of the P11 billion, over 80% have already been used to pay the BIR (Bureau of Internal Revenue) and the BoC," said Ms. Tionko, adding that some of the perks were even illegally sold to other firms. "We are taking the CoA audit report and conducting ...

Police nab 2 Japanese, 6 Filipino illegal recruiters in QC
UNTV - 2018-07-20
The Philippine National Police (PNP) Criminal Investigation and Detection Group (CIDG) said the suspects allegedly recruit applicants to Japan via "direct hiring" through a language school named Kansai Care Training Center. The group asks P30,000 ...

Fake receipts saga at Coast Guard: CA reinstates intel officer Dalangin
Rappler - 2018-07-20
MANILA, Philippines - The Court of Appeals (CA) has decided to reinstate an intelligence officer of the Philippine Coast Guard (PCG) who was dismissed over anomalous purchases. At the same time, at least two other agencies continue to probe into who ...

BIR cracks down on Ong Kin King & Co. Inc.
Sun Star - 2018-07-20
Bureau of Internal Revenue (BIR) 13 Director Eduardo Pagulayan said Ong Kin King and Co. Inc. failed to register individually its five warehouses and three restaurants which are located in the cities of Cebu and Mandaue. "What the owners registered is ...

New projects for Filipino workers abroad launched
Davao Today - 2018-07-20
So far in the Philippines, there is nothing similar to MRA because what the country has is only the listing of licensed recruiters in the Philippines from the Philippine Overseas Employment Administration(POEA) website, and it is not enough. On the other ...

Congress approves final Bangsamoro Basic Law
Davao Today - 2018-07-20
This increases the share of the Bangsamoro government in tax revenues by 5 percent compared with the current 70 percent being received by the Autonomous Region in Muslim Mindanao (ARMM) from national internal revenue taxes, fees, and charges, as well as ...

Bello says enemies want him out of DOLE, Ombudsman bid
Rappler - 2018-07-20
MANILA, Philippines - Labor Secretary Silvestre Bello III said that complaints against him are the work of his enemies who want to replace him as head of the Department of Labor and Employment (DOLE). In a phone interview with Rappler, Bello denied ...

Xi Jinping heads to Africa to clinch China's hold over the continent
CNN Philippines - 2018-07-20
Problems and controversies have emerged along with China's expanding footprint in Africa, with critics labeling the country a "neo-colonialist" only interested in exploiting the continent's rich resources and cheap labor. Activists have highlighted cases ...

GM Sued After Using Graffiti Artist's Work Without Consent
The Drive - 2018-07-19
Now the Swiss artist, Adrian Falkner, aka Smash 137 who is based in Los Angeles, is suing the auto-manufacturing giant for copyright infringement. Falkner was commissioned four years ago to paint a mural on the outdoor elevator shed of a 10-story parking ...

A Deposition for Emma Watson Hangs on an Interpretation of Copyright Law
The Hollywood Reporter - 2018-07-19
"Rearden has no claim of copyright ownership to the output file or to anything that is done with the output file or the ultimate images that appear on screen. Rearden nevertheless takes the position that its sole allegation of infringement justifies 10 ...

Pangan: Inane justification
Sun Star - 2018-07-19
Just when the local government units (LGUs) were anticipating a bonanza of revenues from the national government as a result of the Supreme Court's ruling released recently saying the LGUs should receive their just and fair share of the national revenues ...

Geothermal industry hoping to retain perks TRAIN 2 might take away
BusinessWorld - 2018-07-19
The new law will also reduce the corporate income tax rate to 15% based on net taxable income, which is proposed to replace the 5% gross income earned tax in lieu of all taxes. Duty-free importation of raw materials and capital equipment will be made to ...

Geothermal industry hoping to retain perks TRAIN 2 might take away
BusinessWorld - 2018-07-19
The new law will also reduce the corporate income tax rate to 15% based on net taxable income, which is proposed to replace the 5% gross income earned tax in lieu of all taxes. Duty-free importation of raw materials and capital equipment will be made to ...

Con-com sees self-sustaining regions under federal system
BusinessMirror - 2018-07-19
Given the projected figures, the Con-com TWG noted that the regions will be able to cover the current Internal Revenue Allotment requirements of local governments and still have a positive cash position to finance regional operations, programs, projects ...

Immigration bureau orders deportation of Australian nun
CNN Philippines - 2018-07-19
Metro Manila (CNN Philippines, July 19) -- The Bureau of Immigration on Thursday ordered the deportation of Australian nun Patricia Fox. "We find substantial evidence that Fox violated the condition and limitations of her missionary visa," the BI said in ...

Philippines orders deportation of Sister Patricia Fox
Rappler - 2018-07-19
MANILA, Philippines (3rd UPDATE) - The Bureau of Immigration (BI) on Thursday, July 19, ordered the deportation of Australian nun Sister Patricia Fox and included her in the BI blacklist, which bars her from ever returning to the Philippines. The BI ...

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