Shares rise to new high in shortened trading week
BusinessWorld Online - 2018-01-01
MBT (Metropolitan Bank & Trust Co.) up 3.5% and BPI (Bank of the Philippine Islands) up 2%. On the other hand, retail investors were very active in 2 nd tier real-estate companies like IDC (Italpinas Development Corp.) up 31.1% and HOUSE (8990 Holdings ...

CA allows BSP to sell assets of Banco Filipino
Business Mirror - 2018-01-01
THE Court of Appeals (CA) has lifted the writ of preliminary injunction issued by the regional trial court (RTC) in Makati City enjoining the Bangko Sentral ng Pilipinas (BSP) from bidding out, selling and disposing the assets of the now-defunct Banco ...

Labor group pushes for passage of safer workplace bill
Philippine Daily Inquirer - 2018-01-01
These orders cover different industries and workplaces--including manufacturing, construction, mining operations and power plants--and mostly ... and the collapse of the open-pit coal mine of Semirara Mining Corporation in Antique in July 2015, burying ...

Russia: 2018-2019 - It is Time to Bring Your Intellectual Property Out of the Shadows
Lexology - 2018-01-01
income in the form of intellectual property rights identified in a course of inventorying of property and property rights conducted by a Russian taxpayer would be included in the list of income not subject to taxation by Russian corporate profits tax (new ...

Redbox Is Being Sued By Disney For Copyright Infringement Over The Sale Of Digital Download Codes
Uproxx - 2017-12-31
Redbox is still chugging along, looking for ways to keep competitive in a world of streaming giants and Peak TV. While plenty of people use the service and using their kiosks bring their own perks from time to time, one of their more recent ideas has ...

Red Cross executive points out dangers in uncontrolled tourism
Business Mirror - 2017-12-31
Unfortunately, being an archipelago and due to its geographic location, the Philippines is vulnerable to these natural disasters, as what happened in 2013, when Supertyphoon Yolanda (international code name Haiyan) cut across the Visayas region ...

Immigration bureau reminds 60-day annual registration for non-Filipinos
Philippine Information Agency - 2017-12-31
DAGUPAN CITY, Dec. 31 (PIA) -- The Bureau of Immigration (BI) reminded all registered aliens (foreigners) or non-Filipinos residing in the Philippines to report in person to the nearest immigration office within the first sixty days of 2018. Immigration ...

BIR lists taxes on offshore gaming
Inquirer - 2017-12-30
"The BIR, not a newcomer to the workings and tax issues presented by online business transactions through the internet, feels that the challenge in gaming operations is how to implement a fair and equitable taxation of online gaming businesses, how to ...

Purchasing power over real property
Inquirer - 2017-12-30
"On weekdays, throngs of Filipino men in the Rizal Park (popularly known as Luneta) congregate near booths of manning agencies which recruit workers to be deployed on foreign ships," wrote Jean Encinas-Franco of the University of the Philippines ...

Bulacan pyrotechnic manufacturers, sellers pass DOLE standards
Philippine Daily Inquirer - 2017-12-30
The Department of Labor and Employment (DOLE) said most of the pyrotechnic manufacturers and sellers in Bulacan have passed occupational safety and health standards following a series of inspections done by the agency. In a statement on Saturday ...

SC: Explain ML extension
Visayan Daily Star - 2017-12-30
MANILA -- The Supreme Court has ordered government officials to comment on the petition filed by opposition lawmakers belonging to the "Magnificent 7" bloc assailing the constitutionality of the full-year extension of martial law in Mindanao. In a two-page ...

2017 an extraordinary year for BIR -- Dominguez
Philstar - 2017-12-30
MANILA, Philippines -- The Department of Finance (DOF) said 2017 is an extraordinary year for the Bureau of Internal Revenue (BIR) primarily due to its all out-campaign against major tax evaders. "The year 2017 is an extraordinary one for the BIR, owing ...

Book review | Carlos Bulosan--Revolutionary Filipino Writer in the United States: A Critical Appraisal
Bulatlat - 2017-12-29
It was during this period that San Juan published his pathbreaking book-length study titled Carlos Bulosan and the Imagination of the Class Struggle (Quezon City: University of the Philippines Press ... academy (an ideological state apparatus).

Democracy and a can of corned beef
Inquirer Opinion - 2017-12-28
Systemic failures make human life miserable. People starve ... Christopher Ryan Maboloc, PhD, is assistant professor of philosophy at Ateneo de Davao University and the author of "Ethics and Human Dignity."

Climate change cases predicted to make a legal splash in 2018
BusinessWorld Online - 2017-12-28
"There is a trend towards more litigation around climate change, and probably the lack of political action in the United States may increase that trend," said Sophie Marjanac, a London-based lawyer at nonprofit environmental law group ClientEarth.

Bukidnon 2018: Public Outlook: Bukidnon to zero in on poverty, economy
Mindanews - 2017-12-28
"Hoping prices of commodities will remain steady and tax exemptions for P20,000 a month income earners will be implemented in 2018," said computer shop owner Maria ... as one of the poorest provinces in the Philippines, but the richest," Molina ...

Lawmakers urge Senate to prioritize safer workplace bill
Philippine Daily Inquirer - 2017-12-28
Villanueva authored Senate Bill No. 1317 or "An Act Strengthening Compliance with Occupational Safety and Health Standards (OSHS) and Providing Penalties for Violations Thereof" which seeks to amend the 41-year-old Labor Code of the Philippines which ...

BIR posts 14.03% collection growth rate for November
Philippine Information Agency - 2017-12-28
MANILA, Dec. 28 - For the month of November 2017, the Bureau of Internal Revenue (BIR) collected P179.36 billion in tax revenues, P22.06 billion or 14.03 percent more than the collection of P157.29 billion for the same month in 2016. As against the goal ...

SC to hold memorial service for Justice Justo Torres Jr.
Philippine Daily Inquirer - 2017-12-27
A former associate justice of the Court of Appeals, Torres was the 11th justice appointed to the high court by former President Fidel Ramos, serving from March 11, 1996, until he reached the mandatory retirement age of 70 on Nov. 1, 1997. After his brief ...

Immigration nabs 5 Iranians for presenting forged passports
Philippine Daily Inquirer - 2017-12-27
Bureau of Immigration personnel at Ninoy Aquino International Airport (NAIA) apprehended last week five Iranian nationals, two of them minors, for allegedly pretending to be Spaniards and Belgians on their way to their connecting flight to London.

Inflation impact of tax package seen neutral
- 2017-12-27
Replacing the import quota on rice with a 35-percent tariff on the Filipino staple will offset the increase in inflation resulting from the first tax reform package, the Bangko Sentral ng Pilipinas said.

Greening a brown economy
Business Mirror - 2017-12-27
Typhoon Vinta and the deaths and devastations it visited on Mindanao remind us that the Philippines is facing two life-crippling ... and waterways and threatened ecosystems. The Visayas State University in the Visayas and the Haribon non-governmental ...

BIR reports 14 percent more collection in November
Business Mirror - 2017-12-27
The Bureau of Internal Revenue (BIR) collected P179.36 billion in tax revenues for the month of November, which was P22.06 billion, or 14.03 percent, more than the collection of only P157.29 billion for the same month last year. Revenue planners ...

Solons to SC: Why is martial extension longer than original declared period?
Philippine Daily Inquirer - 2017-12-27
This was the question posed by opposition lawmakers led by Albay Rep. Edcel Lagman as they asked the Supreme Court (SC) to declare "null and void" the year-long extension of martial law in Mindanao. According to the lawmakers, extending martial law in ...

DOLE urged to enforce stricter labor inspection following NCCC Mall blaze
Philstar - 2017-12-27
MANILA, Philippines -- A group of workers in the Business Process Outsourcing industry on Wednesday called for stronger labor enforcement and inspection in the wake of the fire incident in a mall in Davao City that claimed at least 37 lives. "Accidents ...

Violations of mall safety rules bared
Philippine Daily Inquirer - 2017-12-27
So I do not think that deserves a reply," the mayor said in a statement. SSI also came under fire from the moderate labor group, Associated Labor Unions-Trade Union Congress of the Philippines (ALU-TUCP), over the deaths of the 37 call center workers.

Over a million OFWs deployed in 2017 -- DOLE
Philstar - 2017-12-27
Partial data from the Philippine Overseas Employment Administration (POEA) showed a total of 1,281,506 overseas Filipino workers (OFWs) were deployed from January to September - 1,058,029 of whom were sent to various countries as land-based workers while ...

BIR files tax evasion raps vs former PBCOM owners
Philippine Daily Inquirer - 2017-12-26
The Bureau of Internal Revenue (BIR) has filed a tax evasion case against members of one of the families who used to own Philippine Bank of Communications (PBCom) for their alleged failure to pay more than P40 million in estate tax to the government.

The future of infrastructure
Inquirer - 2017-12-26
The arguments over who should build, operate and maintain infrastructure projects have grown recently, with four options being considered: Government funding, ODA funding, PPP and a mix of the first two and the private sector--hybrid. The Aquino ...

Mining tax change has just begun -- DoF
BusinessWorld Online - 2017-12-26
Besides excise tax, miners also need to pay corporate income, value added, real property and local business taxes, as well as royalties to host indigenous communities, among others. Sought for comment, Chamber of Mines of the Philippines Executive Director ...

Revenue surge causes fiscal deficit to shrink
BusinessWorld Online - 2017-12-26
Of that amount, tax revenues totaled P228.3 billion, 15% more than the year-ago P197.8 billion. The Bureau of Internal Revenue (BIR) raked in P179.4 billion, 14% more than P156.8 billion previously, while the Bureau of Customs (BoC) collected P46.4 billion ...

Rohingya crisis: Is another Bosnia in the making?
Philippine Daily Inquirer - 2017-12-26
Justice Wald, who served as the chief judge for the US Court of Appeals for the District of Columbia, was a judge at the international criminal tribunal for former Yugoslavia. Justice Goldstone, who served as a judge of the Constitutional Court of South ...

Employers support House bills on job mismatch
Philstar - 2017-12-25
MANILA, Philippines -- Employers are supportive of four House bills that seek to develop a more competitive Filipino workforce by providing qualified people free access to technical and vocational training. Employers complain about the ballooning mismatch ...

Spending the 2018 billion-peso budget for overseas Filipinos
BusinessWorld Online - 2017-12-25
While the fund is clearly generous, there are at least three attendant, potential problems that government, overseas Filipinos and migration-related civil society groups must ... and attached agencies such as the Philippine Overseas Labor Offices or ...

Sugarcane production falls to 27-year low in Guyana
Business Mirror - 2017-12-25
But the crop has been in steady decline over the last decade due to crippling labor strikes, manpower shortages, unseasonal weather and the massive decline in demand of the European Union. The company said it will sell about 60,000 tons of sugar to the ...

Peso may climb on remittances
BusinessWorld Online - 2017-12-25
The spending bill extends federal funding through Jan. 19, largely at current levels. It does nothing to resolve broader disputes over immigration, health care and military spending. Meanwhile, another trader said demand for the dollar may slightly temper ...

Cutting class made me a better lawyer
Inquirer Opinion - 2017-12-25
My most beloved professors let me cut class, I reflexively told Philippine Law Register interviewer Roy Necesario. Certain University of the Philippines College of Law professors ... memory game we call legal education. It was the same mindset as my ...

The supermajority ruled it out in Congress
Philippine Daily Inquirer - 2017-12-25
This was also the case when Duterte sought the extension of military rule until the end of 2018. The year 2017 proved unfortunate for Supreme Court chief magistrate Maria Lourdes Sereno and Commission on Elections (Comelec) Andres Bautista. Sereno is being ...

Tale of the 13th month pay
Inquirer - 2017-12-25
Although the 13th month pay is being given in the spirit of the Christmas season, the Bureau of Internal Revenue still considers it income compensation that should, under existing tax regulations, be subject to the proper tax deduction. Initially ...

Reshaping copyright laws for the digital era
businesslive.co.za - 2017-12-25
Internet service providers have exploited safe harbour to gain copyright infringement protection from claims by their users. "Safe-harbour provisions have quietly crept into South African law via the Electronic Communications and Transactions Act of 2002 ...

DOJ puts Aquino, et al. on travel lookout bulletin
Philippine Daily Inquirer - 2017-12-25
Justice Secretary Vitaliano Aguirre II has barred former President Benigno Aquino III, three former members of his Cabinet and five officials of a French pharmaceutical company from leaving the Philippines without his consent. The order is the ...

Same-sex relations
Business Mirror - 2017-12-24
IN a gathering of the lesbian, gay, bisexual and transgender (LGBT) community in Davao City on December 17 ... States of America military personnel against women, children and LGBT community on philippine soil. Principal Author/s: De Jesus, Emmi A.;

Intellectual Property 101: Everything you need to know about patenting ideas
Talk Radio 702 - 2017-12-24
Most of us are aware of Intellectual Property and what this means, but do we know what boxes to tick to ensure no infringement is taking place, as well as ensuring our own ideas are protected? IP Attorney Elaine Bergenthein shared some wisdom of knowledge ...

Stranded in HK, OFWs may yet book trip home
Philippine Daily Inquirer - 2017-12-24
The Philippine government will advance the payment for the round ... plane tickets they had bought in advance from Peya Travel were not being honored by the airlines. The fiasco led to at least a thousand OFWs, mostly working as household help in the ...

Ill. Court Won't Bite On Dog Groomer's IP Suit Coverage Bid
Law360 - 2017-12-24
Beach for Dogs, however, argued that a limited exception to that exclusion for allegations of copyright infringement in the policyholder's advertising applies to restore coverage. In Thursday's decision, U.S. District Judge Charles P. Kocoras agreed with ...

Nearly Dying In Childbirth: Why Preventable Complications Are Growing In U.S.
WSHU Public Radio - 2017-12-23
Terlizzi co-founded the National Accreta Foundation, which works to prevent deaths caused ... a maternal health expert who directs the Center for Research on Women and Gender at the University of Illinois at Chicago. The U.S. government, which stopped ...

BSP: Duterte-promised Overseas Filipino Bank on track to open in February 2018
Inquirer - 2017-12-22
"Loans for house repair, for educating the beneficiaries here, and direct remittances to schools, so those are the programs we have discussed with Labor Secretary Silvestre Bello III and he seems to be very happy about the service we would be providing ...

Keeping 3D printing open, petition against "restrictive" US Copyright Office exemptions
3D Printing Industry - 2017-12-22
design files or proprietary data;..." Weinberg noted that this exemption was positive insofar as it meant that using your own material in a 3D printer was not copyright infringement, and no longer makes certain circumvention of digital locks, such as ...

In the spirit of Christmas, Senate frees Aegis Juris fraternity leader
Philippine Daily Inquirer - 2017-12-22
In the spirit of Christmas and to avoid a Constitutional crisis during the holiday revelries, the Senate has decided to follow the Supreme Court (SC) order to release Aegis Juris fraternity leader Arvin Balag Thursday evening. Senator Panfilo Lacson ...

Tax evasion raps filed vs hospital execs
Philstar - 2017-12-22
MANILA, Philippines -- The Bureau of Internal Revenue (BIR) has filed criminal charges before the Department of Justice (DOJ) against the officials of a hospital in Olongapo City for tax evasion. The BIR said officials of the Our Lady of Lourdes ...

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