BIR seeks to speed up transactions
BusinessWorld - 2018-06-03
The Bureau of Internal Revenue led by Commissioner Caesar R. Dulay -- seen here at the left in a Feb. 13 official photo of the Senate with his boss, Finance Sec. Carlos G. Dominguez -- is one of key government offices that has been simplifying procedures ...

ERC: Power supply agreements without ECCs to be dismissed
BusinessWorld - 2018-06-03
Inc. It also has a PSA with St. Raphael Power Generation Corp., its joint venture with Consunji-led Semirara Mining and Power Corp. Meralco is also seeking approval for PSAs with Central Luzon Premiere Power Corp., Mariveles Power Generation Corp., Panay ...

Volatile trading expected this week
thestandard.com.ph - 2018-06-03
Weekly top price gainers were Vista Land & Lifescapes Inc., which rose 6.9 percent to P6.95; SM Investments Corp., which advanced 4.5 percent to P906.50; and Megaworld Corp., which climbed 4 percent to P4.90. Weekly top price losers were Petron Corp ...

Lawmaker: 'Disconnect' in how economic managers see TRAIN
CNN Philippines - 2018-06-03
Tinio's satements come after labor groups called for wage increase. In the House of Representatives, the Trade Union Congress of the Philippines (TUCP) filed on Thursday a bill to increase the minimum wage nationwide by ?320. The Makabayan Bloc on ...

De Lima: Probe 'influx of Chinese nationals' in Philippines
Rappler - 2018-06-03
With the Philippines relying on Chinese labor and clients, De Lima warned that "any change in policies by the China government could effectively stall, if not cripple, our local economy." The problem with illegal workers: De Lima added that the Chinese ...

Duterte to UN expert on judicial independence: Go to hell
CNN Philippines - 2018-06-02
Metro Manila (CNN Philippines, May 3) -- President Rodrigo Duterte blasted United Nations (UN) Special Rapporteur Diego García-Sayán early Sunday, telling the expert on judicial independence to "go to hell." "Sino 'yang rapporteur na 'yan?

Even the smartest millennials are stumped by Danish visa rules
BusinessMirror - 2018-06-02
DRUGS giant Novo Nordisk says lowering the drawbridge is essential to running a multinational business. Economists say immigrant workers have taken up 40 percent of new jobs created in Denmark over the past five years, helping the country avoid a ...

New lawyers warned about criticizing courts
CNN Philippines - 2018-06-02
Metro Manila (CNN Philippines, June 2) -- Be careful in criticizing the courts, an associate justice warned over a thousand new lawyers who took their oath Friday. "[The] right to speak in criticism cannot be unbounded," Associate Justice Lucas Bersamin ...

Bacolod can avail P4-B loan with Finance department
Sun Star - 2018-06-02
Ramos, chairperson of the City Council committee on sports, said the DOF study showed that Bacolod is entitled to apply a loan of P4 billion which is based on the city's Internal Revenue Allotment (IRA) and local sources of funds. "Bacolod is entitled to ...

Difficult work ahead to reconcile Senate, House versions of BBL
Rappler - 2018-06-02
MANILA, Philippines - "Significant differences" of the Senate and House versions of the Bangsamoro Basic Law (BBL) may mean more heated debates among legislators in the coming weeks. In a statement on Saturday, June 2, Senate Minority Floor Leader ...

EU joins global battle against Trump tariff onslaught
Rappler - 2018-06-02
WHISTLER, Canada - The EU on Friday, June 1, launched its first counteroffensive against Washington's punishing steel and aluminum tariffs while the US began meetings in Canada with outraged finance ministers from its top trading partners. Meanwhile in ...

PLDT begins validating employees for regularization
CNN Philippines - 2018-06-02
PLDT, however, clarified it is still seeking a review of the Department of Labor and Employment's (DOLE) order, as its appeal is pending in the Court of Appeals. In a statement released on May 2, PLDT said: "Certain aspects of the decision were ...

Substantial wage hike, a question of survival for workers
Bulatlat - 2018-06-02
MANILA - Whenever the Filipino labor sector drums up their ... at the expense of the working poor. Socio-Economic Planning Secretary Ernesto Pernia recently announced the 6.8 percent Philippine economic growth for the first quarter of 2018 to be among ...

New lawyers risk contempt with purple ribbon at Supreme Court rites
Rappler - 2018-06-02
Ng and several other batchmates from the University of the Philippines (UP) College of Law wore the purple ribbon on their hands and wrists during the oath-taking. She said Bersamin's warnings did not scare her, but surprised her instead. "We all knew that ...

COA flags P10 million excess allowances paid to OSG
philstar.com - 2018-06-01
Based on COA records, at least four client agencies directly paid the OSG lawyers in 2017 - Development Bank of the Philippines (P1.6 million), Occidental Mindoro State College (P148,500 ... "Confirmation with Accounting Division disclosed that ...

Jay-Z Wins Copyright Infringement Appeal Over One Of His Classic Songs
AllHipHop - 2018-06-01
(AllHipHop News) Jay-Z has scored another legal victory in a copyright infringement battle over his song Big Pimpin' after an appeals court sided with the rapper. The "99 Problems" hitmaker and producer Timbaland were slapped with a copyright infringement ...

Prince's estate sues Yukon man for copyright infringement
NewsOK - 2018-06-01
Prince's estate is suing a Yukon man in Oklahoma City federal court. The music icon's estate is accusing Phil Shadid of committing copyright infringement for profit. The estate is asking a judge to permanently ban Shadid from distributing Prince's works.

Micro-enterprise training for repatriated women OFWs held in Kuwait
thestandard.com.ph - 2018-06-01
It is the first-of-its-kind that provides a step-by-step entrepreneurial training, business counselling, and self-assessment for the OFWs to determine the most appropriate business model and scale based on their skills and resources. "This is our way of ...

TRAIN as TREN
thestandard.com.ph - 2018-06-01
Interest rates are the price for money given out as loans by the banks. Higher interest rate means higher cost of doing business, which adds to inflation. Interest rates should be higher than inflation rate. Otherwise, the banks lose money. If inflation is ...

Bangsamoro at the crossroads
BusinessMirror - 2018-06-01
Casiple, executive director of the Institute for Political and Electoral Reform ... poverty-stricken ARMM and its nearby areas the highest economic growth in the Southern Philippines the following year. The Neda forecast that the Bangsa­moro region ...

Actually, the US can afford welfare programs for elderly, poor beneficiaries
BusinessMirror - 2018-06-01
This accounting entirely ignores Social Security, Medicare, Medicaid and other federal health programs, which I realize may bring to mind the phrase "Other than that, Mrs. Lincoln, how was the play?" But I think it comports with the public ...

Tax all Church properties
thestandard.com.ph - 2018-06-01
or educational purposes shall be exempt from taxation." Worth noting is when the Constitution exempted the Church properties from tax, that sent a foreboding warning that the Filipino people will not be having a democratic, but a clerico-elitist government.

Napoles deserves to be heard --Calida
thestandard.com.ph - 2018-06-01
Napoles is detained at a detention facility in Camp Bagong Diwa in Taguig City after a legal intervention of Calida paved the way for her acquittal by the Court of Appeals in May last year. She spent only two years at the Correctional Institution for Women ...

EU trade chief says bloc is taking China to World Trade Organization over intellectual property dispute.
YAHOO! - 2018-06-01
BRUSSELS (AP) -- EU trade chief says bloc is taking China to World Trade Organization over intellectual property dispute.

Korean envoy vows to bring in more tourists to Philippines
Sun Star - 2018-06-01
According to Han, they will continue to strengthen the relationship between his country and the Philippines by improving the business climate in the country as well. "Every time I met Korean businessmen I always tell them to invest, invest, invest in the ...

What we know so far: Vigilance on Calida's security agency
philstar.com - 2018-06-01
Calida, who has scored victories for the Duterte administration at the Supreme Court and whom the president said is simply "lucky" for his security agency getting so many government contracts, faces a graft and corruption complaint, a probe at the ...

Businessmen less optimistic for 2nd consecutive quarter
philstar.com - 2018-06-01
MANILA, Philippines -- Higher interest rates and inflation plus a weakening peso pulled down business sentiment for the second straight quarter this year, the Bangko Sentral ng Pilipinas (BSP) said yesterday. BSP Deputy Governor Diwa Guinigundo said the ...

Should International Trade in Intellectual Property Be Regulated?
Harvard Business School - 2018-06-01
Unusual attention currently is focused on trade policy, triggered by new tariffs on imports announced by the United States. Nearly all of it involves the trade of manufactured goods. Much less attention is being paid to trade in services, which represent ...

Senate shelves resolution on Sereno
philstar.com - 2018-06-01
MANILA, Philippines -- The Senate failed to adopt and consequently temporarily shelved Resolution 738, which questions the Supreme Court (SC) decision to remove former chief justice Maria Lourdes Sereno from office, due to lack of time as Congress ...

Intellectual Property as a Business Asset: New Special by the European IPR Helpdesk
CORDIS news - 2018-05-31
What strategies can help businesses to assure that intellectual property (IP) is a profitable investment? In the light of current technological and economic developments such as Artificial Intelligence, Big Data or the Internet of Things, the role of IP as ...

Why Intellectual Property is Important for Your Business and What You Should be Doing Now to Protect It
Inc. - 2018-05-31
Intellectual property comes in various formats, including trademarks, copyrights and patents. While most large businesses have created and maintain enforcement on a large intellectual property portfolio, many small or medium-sized enterprises (SMEs) wait ...

Sandigan affirms plunder case vs Immigration official
philstar.com - 2018-05-31
MANILA, Philippines -- The Sandiganbayan has affirmed the validity of the plunder case against former Bureau of Immigration (BI) commissioner Al Argosino in connection with the alleged extortion of P50 million from Macau-based gambling tycoon Jack Lam in ...

PHL counted among economies that will benefit from tax reform
BusinessWorld - 2018-05-31
That first package, under Republic Act No. 10963, will be followed by lower corporate tax rates and removal of redundant fiscal incentives, as well as up to three more packages. The four months to April have seen state revenues up a fifth annually to P927 ...

BBL gets nod from House, Senate
Davao Today - 2018-05-31
Senator Leila de Lima, who is detained at Camp Crame, and Senator Manny Pacquiao, who is training for his next fight ... uniformed services in the Bangsamoro would still be under the Philippine National Police (PNP) and independent constitutional bodies ...

Palace leans on solons to resolve BBL issues
BusinessMirror - 2018-05-31
but expressed hope the measure can withstand judicial scrutiny to prevent it from suffering the same fate as the memorandum of agreement on the ancestral domain (MOA-AD), which the Supreme Court declared unconstitutional. On Wednesday the Senate and the ...

Only 3.5% of Boracay establishments are compliant with government regulations
BusinessMirror - 2018-05-31
Interior Undersecretary Epimaco V. Densing III said there were very few Boracay resorts that were fully compliant with government regulations on operating a business. (images by Stella Arnaldo via PicStitch) ONLY 38 establishments out of the 1,070 ...

Senators debate on resolution seeking SC review of Sereno ruling
BusinessWorld - 2018-05-31
Tensions rose in the early hours of Thursday, May 31, as senators tackled the Senate resolution urging the Supreme Court to review its decision on the quo warranto petition that ousted Chief Justice Maria Lourdes P.A. Sereno. After the Senate passed the ...

Swiss federal judge clears Peru captain to play at World Cup
sports.abs-cbn.com - 2018-05-31
GENEVA (AP) -- Peru captain Paolo Guerrero was cleared Thursday by a Swiss supreme court judge to play at the World Cup despite a doping ban. Switzerland's supreme court granted an interim order to freeze Guerrero's 14-month ban for a positive doping test ...

App diverts leftovers from U.S. restaurants to needy
Rappler - 2018-05-31
Crowe, talking to US business magazine Fast Company ... the food can be written off as donations, resulting in tax deductions, and the companies pay smaller waste disposal fees. Crowe said a company saves $14 for every dollar spent on her company's ...

Hugs and apologies between Kenyan political rivals
Rappler - 2018-05-31
Also present at the event was Supreme Court Chief Justice David Maraga, who rose to international fame as the man who annulled Kenyatta's victory in a first August election and ordered the poll held a second time. The rapprochement between Kenyatta and ...

AP Interview: UN expert says Manila's judiciary under attack
News Philippines Yahoo - 2018-05-31
MANILA, Philippines (AP) -- The unprecedented expulsion of the ... government solicitor-general that accused her of failing to file asset disclosures as a state university law professor years ago, a charge she denies. It pre-empted impeachment proceedings ...

Lex Machina Launches Highly Anticipated Legal Analytics Module for Trade Secret Litigation
Law - 2018-05-31
Once tagged, Legal Analytics can now isolate trade secret misappropriation claims in commercial, employment or intellectual property cases. This enables attorneys to better filter and analyze the trade secrets elements of these combined cases and prepare ...

Petition up vs chicken dung
Sun Star - 2018-05-31
the operators cannot apply for the necessary permits because the sale and storage of chicken dung within the municipality was declared as a public nuisance by the Regional Trial Court of Benguet and was affirmed by the Court of Appeals. The petition ...

Michael Jackson's Estate Files Federal Copyright Infringement Suit Against The Walt Disney Company And Disney's ABC Network
Law - 2018-05-31
LOS ANGELES, -- Today, the Estate of Michael Jackson filed a federal lawsuit in Los Angeles against The Walt Disney Company and ABC for their willful and intentional infringements of dozens of copyrights owned by the Estate that were used, without ...

Senate approves its version of Bangsamoro Basic Law
BusinessWorld - 2018-05-31
The following amendments were introduced by the Senate, among others, according to Mr. Zubiri: o Under the fiscal autonomy, the block grant, was spelled out to be 5% of the net collections of the Bureau of Internal Revenue (BIR) and the Bureau of Customs ...

Labor group pushes for ?320 minimum wage hike
CNN Philippines - 2018-05-31
Metro Manila (CNN Philippines, May 31) -- With the prices of basic goods on the rise, the Trade Union Congress of the Philippines (TUCP) said it is time to increase the minimum wage nationwide by ?320. TUCP party-list Representative Raymond Mendoza ...

A look at the evolution of the Bangsamoro Basic Law
InterAksyon - 2018-05-31
The Memorandum on Agreement on Ancestral Domain, which government and MILF panels were scheduled to sign, was declared unconstitutional by the Supreme Court in 2008, derailing the creation of a Moro homeland. Following years of further negotiations with ...

SolGen Calida to file cases vs. those 'maligning, slandering' him
CNN Philippines - 2018-05-31
Metro Manila (CNN Philippines, May 31) -- Solicitor General Jose Calida is ready to face his detractors and will even file charges against them in court. In an exclusive interview with CNN Philippines' The Source, he said he has plans against those ...

Team Rama won't replace Cuenco
philstar.com - 2018-05-31
Vice Mayor Edgardo Labella said the opposition members are optimistic that the Court of Appeals will rule in favor of Cuenco. "Even at this point, we are not considering of his replacement because until now, the decision is not yet final and executory ...

Sereno camp: 12 out of 16 SALNs found
CNN Philippines - 2018-05-31
Sereno was a law professor at the University of the Philippines from 1986 to 2006, prior to her appointment to the Chief Justice post in 2012. "Sana po ay maconsider na ito po ay isang indikasyon na hindi naman po sinuway ni Chief Justice Sereno itong ...

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