123-year jail term for ex-general, partner
thestandard.com.ph - 2018-04-17
A re-computation by the Bureau of Internal Revenue citing zonal valuation of the sold lots raised the tax total to P4.675 million. "The government was defrauded in the amount of P3,506,490. Had it not been for the intervention of the BIR, the government ...

Construction for PH-US EDCA military deal gets green light
Rappler - 2018-04-17
But the petitions were junked in the Supreme Court. President Rodrigo Duterte, at the start of his administration, threatened to scrap EDCA along with the annual Balikatan war games. Relations between the two countries have since shown marked improvement.

All's Fair in Love and Litigation: The Intellectual Property War of Bumble and Tinder
JD Supra - 2018-04-16
Last month Match Group, which owns Tinder (as well as OkCupid, Match.com and Plenty of Fish) filed suit against Bumble alleging patent infringement, trademark infringement, and misappropriation of trade secrets. See Match Group, LLC, Plaintiff, v.

U.S., UK SAY GOAL OF RUSSIAN-BACKED CAMPAIGN INCLUDES ESPIONAGE AND INTELLECTUAL PROPERTY THEFT
Reuters - 2018-04-16
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.

The future of our Constitution
thestandard.com.ph - 2018-04-16
On Monday, 16 April, at the University of the Philippines College of Law, professor Dante Gatmaytan delivered the Estelito Mendoza professorial Chair lecture. Entitled "The Role of the Judiciary in Constitutional Deconsecration," Gatmaytan shared his ...

TIEZA rolls out online payment facility for travel tax
newsbytes.ph - 2018-04-16
Through the OTTPS, travel taxes may now be paid through local and international credit cards; debit cards; ATM; over-the-counter (OTC non-bank channel partners) channel partners such as San Mig Food Avenue, Petron Corporation, Total Philippines Corporation ...

Duterte seen appeasing labor with E.O. on May 1
BusinessMirror - 2018-04-16
"The DTI [EO] draft is obviously [based on] a business-as-usual policy that allows labor contracting on almost all jobs and functions that has changed the norm of employment from direct-hiring to agency-hiring," Rene Magtubo, chairman of Partido ...

Singapore hiring more semiskilled foreigners
BusinessMirror - 2018-04-16
Citing the report from the Philippine Overseas Labor Office in Singapore, Philippine Over- seas Employment Administration (POEA) Administrator Bernard P. Olalia said Singapore decided to raise their qualifying salary for semiskilled foreigners under its S ...

Estrada inspires Manila summer student workers
thestandard.com.ph - 2018-04-16
Manila Mayor Joseph Estrada on Monday congratulated 1,000 college and high school students who qualified ... The program allows students, ages 14 to 24, to work in different city departments, defending on what they are studying. Half of their salaries ...

How does China steal U.S. intellectual property?
Futurity News - 2018-04-16
President Trump announced stiff new tariffs in March, hitting back at China for what he calls "the unfair and harmful acquisition of US technology." According to a 2017 report by the United States Trade Representative, Chinese theft of American ...

Immigration agents arrest Aussie nun active in human rights work in the Philippines
Bulatlat - 2018-04-16
Sister Pat Fox (left) shares a light moment with children of sitio San Roque, Quezon City after a violent dispersal ... in supporting Filipino farmers and defending human rights in the Philippines was arrested by elements of the Bureau of Immigration ...

The 8% tax for self-employed individuals
BusinessWorld - 2018-04-16
Since the start of the year, when the TRAIN law became effective, many self-employed individuals and small business owners have been keenly following the developing rules for the 8% tax applicable to them. Every time I attend a family gathering ...

Benelux Convention on Intellectual Property amendments: what do they mean for Dutch trademark holders?
Lexology - 2018-04-16
On June 1 2018 two protocols that amend the Benelux Convention on Intellectual Property will take effect. These amendments will make it possible for Dutch parties to initiate actions before the Benelux Office for Intellectual Property (BOIP) for the ...

MalacaƱang: Duterte EO on 'endo' to 'side with labor forces'
Rappler - 2018-04-16
MANILA, Philippines - Presidential Spokesperson Harry Roque expressed confidence that the executive order (EO) on contractualization being finalized by MalacaƱang will take the position of labor groups. "I would suppose, because it is a promise given by ...

Century Properties net income drops in 2017 amid diversification
Rappler - 2018-04-16
MANILA, Philippines - Antonio-led Century Properties Group Incorporated saw its net income fall in 2017 as its expansion into various real estate markets continues. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, April 16, Century ...

PCOO protests Facebook partnership with Rappler, Vera Files
CNN Philippines - 2018-04-16
Metro Manila (CNN Philippines, April 16) -- The Presidential Communications Operations Office (PCOO) praises Facebook's efforts to combat fake news -- but it isn't as supportive to the partners the social media giant picked. Facebook partnered with ...

2018 Toyota Yaris 1.3E CVT
AutoIndustriya.com - 2018-04-16
Car manufacturers typically don't invest in new press dies or molds to stamp out a lot of new metal panels to extend a car's showroom life for 2 to 3 years, but it seems Toyota wasn't reading from the conventional car manufacturer business manual.

In heated interview, Macron defends economic policy and style
InterAksyon - 2018-04-16
In a sometimes confusing exchange where no new policy announcement was made, Macron was repeatedly attacked over his pro-business economic policy which has earned him the nickname "president of the rich" among opponents. "I make absolutely no apology ...

Duterte again opts to avoid inking contractualization EO
BusinessMirror - 2018-04-15
Bello III for the new setback in the EO signing after he submitted to MalacaƱang the version endorsed by the DTI and business groups. "We also suspect that the labor secretary will submit to this farcical wisdom of the DTI by not exclusively endorsing ...

CA again stops suspension of 4 ERC commissioners
Rappler - 2018-04-15
The Ombudsman said there was sufficient evidence that the ERC gave unwarranted benefits to the Manila Electric Company (Meralco) and other firms by exempting them from the competitive selection process requirement, which was already in effect after ...

The solution to CPD woes
BusinessMirror - 2018-04-15
This column accepts contributions from accountants, especially articles that are of interest to the accountancy profession, in particular, and to the business community, in general. These can be e-mailed to [email protected]

Comelec resolution disproves SC claim on ballot shading
Rappler - 2018-04-15
MANILA, Philippines - Contrary to the ruling of the Supreme Court (SC), the Commission on Elections (Comelec) had issued a resolution setting the ballot oval shading threshold at 25% for the 2016 elections. The PET said it is "not aware" of any ...

Ateneo president joins calls to junk quo warranto bid
BusinessWorld - 2018-04-15
THE PRESIDENT of Ateneo de Manila University (Ateneo) has joined the call by such organizations as the Integrated Bar of the Philippines (IBP) and the Makati Business Club (MBC) for the dismissal of the quo warranto petition seeking to void Chief Justice ...

Duterte meets OFW scalded by Saudi employer
Rappler - 2018-04-15
During the meeting, the President also gave Alagasi and her family a check worth P100,000, as well as P20,000 in cash, from the Overseas Workers Welfare Administration (OWWA). Go meanwhile gave Alagasi a mobile phone. Alagasi was also offered employment as ...

OFW scalded by Saudi employer returns home
philstar.com - 2018-04-14
MANILA, Philippines -- The overseas Filipino worker (OFW) who suffered severe burns after her Saudi employer doused her with boiling water returned home yesterday. Pahima Alagasi, 26, arrived at the Ninoy Aquino International Airport accompanied by ...

DA: Boracay farmers, fisherfolk can loan by next week
CNN Philippines - 2018-04-14
Metro Manila (CNN Philippines, April 13) -- The Department of Agriculture's loaning program for farmers and fisherfolk affected by the Boracay closure will be ready as early as next week, Secretary Manny PiƱol said Friday. PiƱol said the DA was offering ...

Sara tells pa to junk peace gab with Reds
thestandard.com.ph - 2018-04-13
I guarantee during the two months they will not be molested or inconvenienced as long as there is ceasefire, no taxation, no atrocities," said Duterte. "Just come here as a citizen." He added that he would offer food assistance to all NPA camps ...

Congress to prioritize electoral process review
philstar.com - 2018-04-13
The votes from these areas are being manually tallied by the Presidential Electoral Tribunal (PET).The vote recount started last April 2 at the Court of Appeals Gymnasium in Manila. "It is time now to seriously reconsider to go back to the hybrid system ...

These are the intellectual property minefields Tampa Bay entrepreneurs need to know about
The Business Journals - 2018-04-13
Tampa Bay-based entrepreneurs who run headlong into high-tech ventures with dreams of Elon Musk-type wealth, fame and influence have the same gigantic hurdle to overcome: how to protect their intellectual property. Patent protection, in particular, has ...

Checking for impartiality in the Sereno quo warranto proceedings
InterAksyon - 2018-04-13
Journalists watch ongoing oral arguments on a petition challenging the appointment of Chief Justice Maria Lourdes Sereno, who stands before her colleagues at the Supreme Court summer courthouse in Baguio City on April 10, 2018. (STAR/Andy Zapata ...

This U.S. Supreme Court ruling is alarming for black people with mental illness
CNN Philippines - 2018-04-13
As her case made its way through the courts, the US Court of Appeals for the Ninth Circuit ruled in favor of Hughes, overturning an earlier district court's summary judgment in favor of the officer. The Ninth Circuit Court of Appeals held that there were ...

Ban on OFW deployment to Middle East better kept as mere posturing for now
BusinessMirror - 2018-04-12
This is apparent in the latest available data from the Philippine Overseas Employment Administration (POEA), which showed that over half of the 2 million deployed OFWs in 2016 headed to the Middle East. Most, or 460,121, of them were bound for the Kingdom ...

IRC Properties doubles capital base
BusinessWorld - 2018-04-12
IRC Properties, Inc. is doubling its capital base to raise funds for expansion. In a disclosure to the stock exchange on Thursday, the property developer said its board of directors approved the increase in authorized capital stock to P3 billion from P1.5 ...

Bar exams result out on April 26
BusinessMirror - 2018-04-12
The Bar examinations cover eight law subjects: Civil Law, Criminal Law, Labor Law, Legal Ethics and Practical Exercises, Mercantile Law, Political Law, Taxation and Remedial Law. In the 2016 Bar exams, a total of 3,747 law graduates passed or 59.06 percent ...

China to adopt system of punitive damages for intellectual property rights infringements
Investing.com - 2018-04-12
BEIJING (Reuters) - China will introduce a system of punitive damages for intellectual property (IP) infringements in its effort to strengthen protection of such rights, the official Xinhua news agency said on Thursday. Shen Changyu, head of the State ...

BIR: No extension of April 16 deadline for filing ITR
CNN Philippines - 2018-04-12
Metro Manila (CNN Philippines, April 12) -- The Bureau of Internal Revenue (BIR) said it will not extend the April 16 deadline for the filing of the 2017 Income Tax Return (ITR) and payment of taxes. "There will be no extension of the said deadline.

INSIDE STORY: How Duterte decided on Boracay closure
Rappler - 2018-04-12
As Roque had told CNN Philippines, there had been "differences in interpretation ... still stuck with the discussions in the February 5 Cabinet meeting where closures of business establishments, not the entire island, was proposed.

Philippines in 'golden age' of growth - ADB
Rappler - 2018-04-11
MANILA, Philippines - The Philippines is experiencing a unique period of growth and is expected to continue along that path in the short term, according to the Asian Development Bank (ADB). In its 2018 Asian Development Outlook 2018 released on Wednesday ...

SolarWindow strengthens intellectual property portfolio with over 90 trademark and patent filings
PennEnergy - 2018-04-11
COLUMBIA, Md.--(BUSINESS WIRE)--SolarWindow Technologies, Inc. (OTC: WNDW), developer of liquid transparent coatings that turn ordinary glass into electricity-generating windows for skyscrapers and buildings, announced that the company has now filed more ...

Spending boost widens fiscal deficit in Feb., first two months
BusinessWorld - 2018-04-11
Sought for comment, Ruben Carlo O. Asuncion, chief economist at Union Bank of the Philippines, said in an e-mail that "[t]he fiscal deficit increase was expected." "The doubling is also expected as government follows through with the focus on infrast ...

BIR revenue intake up 16 percent in Q1
BusinessMirror - 2018-04-11
The Bureau of Internal Revenue (BIR) reported revenues amounting to P422.587 billion in the first three months this year on the back of increased collection from the regional offices and the Large Taxpayers Service. The BIR said this exceeded its revenue ...

BIR beats Q1 collection target by nearly 17%
BusinessWorld - 2018-04-11
THE Bureau of Internal Revenue (BIR) said it collected P422.59 billion in the first quarter, exceeding its P361.77-billion target by 16.81%. "Minus the goal from Non-BIR Operations (over which the Bureau has no control), the surplus is pegged at a higher ...

Mining attractiveness index and the Philippines
BusinessWorld - 2018-04-11
Mining companies and Boracay establishments show the face of business uncertainties in the country. Mining production is 0.6% of GDP while Boracay production of services is 0.1% of GDP, an amount that is "very insignificant" according to the National ...

Paying estate tax in the wise
BusinessMirror - 2018-04-11
The new rate, however, will apply only to deaths occurring on or after January 1, 2018. Earlier this year the Bureau of Internal Revenue (BIR) issued RR 12-2018 discussing everything an heir should know before he/she receives his/her share of the pie.

PUBG Corp. Is Suing Another Developer For Copyright Infringement
Cinema Blend - 2018-04-11
PUBG Corporation had made mention in the past that it would pursue legal actions against copyright infringement, especially against companies that rip-off the Battle Royale concept and attempt to cash in on the popularity from PlayerUnknown's Battlegrounds.

Jack Lam 'middleman' in P50-M immigration bribery mess surrenders
CNN Philippines - 2018-04-11
Metro Manila (CNN Philippines, April 11) -- The supposed liaison of Macau-based gaming tycoon Jack Lam in a P50-million bribery scandal involving former Immigration officials surrendered to the police on Wednesday. Former Chief Superintendent Wally ...

Jack Lam 'middleman' Wally Sombero surrenders to police
Rappler - 2018-04-11
MANILA, Philippines - Wenceslao "Wally" Sombero, the alleged middleman of Chinese casino tycoon Jack Lam in the Bureau of Immigration bribery-corruption case, has surrendered to the Philippine National Police (PNP) on Wednesday, April 11. Sombero ...

New restrictions on the outbound transfer of intellectual property rights
Lexology - 2018-04-11
The State Council in China has issued the Working Measures for Outbound Transfers of Intellectual Property Rights (for Trial Implementation) (the "Measures"), which came into effect on 29 March 2018. According to the Measures, the outbound transfer of ...

ERC resolves over 100 pending cases during 60-day TRO period
BusinessMirror - 2018-04-10
The Energy Regulatory Commission (ERC) made good use of the 60-day temporary restraining order (TRO) issued by the Court of Appeals (CA) on the suspension order against four ERC commissioners, acting on more than a hundred pending cases during the period.

Ex-immigration execs in Jack Lam bribery case detained
Rappler - 2018-04-10
MANILA, Philippines - Two former deputy immigration commissioners were put in jail Tuesday, April 10, for the plunder charges they are facing in relation to the bribe they allegedly received in exchange for freeing undocumented Chinese nationals in ...

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