Chemicals trader takes minority ownership in smaller developers
BusinessMirror. - 2017-10-31
CHEMICALS trader SBS Philippines Corp., through its unit SBS Holdings and Enterprises Corp., said its diversification strategy on property development only involves small-ownership stake in firms investing in real estate. The company added the strategy to ...

Revisiting the fiduciary duties of the board of directors and management
BusinessWorld Online - 2017-10-31
This anachronistic CG attitude can also be found sprinkled in Philippine jurisprudence, a sampling of which can be seen in Western Institute of Technology v. Salas, which held: "There is no argument that directors or trustees, as the case may be ...

Hapilon stayed in Marawi apartment 3 months before fighting broke out
Philippine Daily Inquirer - 2017-10-31
"I advised them to also clear their names with the military." Police said the apartment building is owned by a Bureau of Internal Revenue employee assigned in Cotabato City. A member of the Special Action Force (SAF), who refused to be ...

Revitalized Mighty boosted Sept tax take
Inquirer - 2017-10-31
"Sin" taxes collected from cigarettes increased by 14 percent to P11.1 billion in September, partly due to the jump in payments from homegrown Mighty Corp. The latest Department of Finance (DOF) data showed excise tax collections from the tobacco ...

NFL: US judge reinstates Ezekiel Elliott's suspension
News Philippines Yahoo - 2017-10-31
They have the option of appealing Failla's decision to the US Court of Appeals and seeking a stay that could allow Elliott to continue playing during the appeal process. The 22-year-old Elliott attended the court proceedings on Monday. Elliott was ...

No elections in 2019?
Visayan Daily Star - 2017-10-31
Lacson said he is not in favor of a shift towards federalism, and the national government could instead just increase the Internal Revenue Allotment share of the provinces to boost development. But in gatherings of most elected officials, including those ...

Tribe rejects plan to build tram, hotel in Grand Canyon
News Philippines Yahoo - 2017-10-31
Council delegates amended the legislation to change the operating license from non-revocable to revocable, to delete language to prevent other development within a 15-mile radius and along access roads, and to strike a non-taxation provision before voting ...

Why law school is like Hogwarts
Inquirer Opinion - 2017-10-30
Beyond VVM, a terrified classmate had to recite the Estrada decision on Edsa II to Dean Pacifico Agabin, who quipped: "When I argued that to the Supreme Court, they said I was wrong." In that blissful world, Jardeleza was merely my Philippine Law ...

The making of a modern monopoly
Felix Online - 2017-10-30
Due to archaic taxation laws and lobbying pressures on local governments, as well as a zero profit margin, they have started to eat away at local small businesses. In a report published by the nonprofit Institute for Local Self-Reliance, it was estimated ...

Marketing Guy: Google Image Search Is A Honeypot Set Up By Aggressive Copyright Litigants
Tech Dirt - 2017-10-30
And Dasilva has no excuse. He's been on the losing end of a copyright infringement lawsuit. Despite this, Dasilva continues to express his ignorance -- and proclaim his victimhood -- publicly on his YouTube channel. (h/t Techdirt reader Andy Gural ...

BIR sin tax collection up 12% to P17.7 B in September
Philstar - 2017-10-30
MANILA, Philippines -- The Bureau of Internal Revenue (BIR) collected P17.7 billion in excise taxes in September, up 12 percent from P15.67 billion in the same month in 2016, the Department of Finance (DOF) reported yesterday. Finance Undersecretary ...

Breaking: MP3juices Faces Worldwide Shutdown for Massive Copyright Infringement
Digital Music News - 2017-10-30
If MP3juices and YTmp3 follow the same pattern as YouTube-mp3.org, expect these popular stream rippers to go down for good. Last month, the largest YouTube to MP3 stream ripper agreed to take the full blame for copyright infringement. The move came after a ...

In 2002, synthetic fibers designed for NASA were introduced, making shoulder pads lighter and more breathable. The Unive
natv.ig.com.br - 2017-10-30
Immigration Law OfficeStep by step, Nieto walked to the altar a feat some doctors told him may not be possible.But Olympians are known for their perseverance on their quest to victory, and Nieto had been working hard toward this very moment for months.

The business case for integrity: The Royal Cargo story
BusinessMirror. - 2017-10-30
THE Phinma Group, which has a long experience in anti-corruption and pro-integrity, invited me to present the "Royal Cargo Story"--its business case pro-integrity--to its executives. I would like to share "our" story with the readers of ...

BOC, BIR ordered to step up drive against big-time smugglers
Inquirer - 2017-10-30
Specifically, Finance Secretary Carlos G. Dominguez III ordered Customs Commissioner Isidro S. LapeƱa and Internal Revenue Commissioner Caesar R. Dulay to "focus on rice, fuel, steel, cigarettes and food and agricultural products such as chicken ...

Alvarez to Sereno: Face impeachment hearing
Philstar - 2017-10-30
The 57-year-old Sereno, who was neither a prosecutor nor a judge or Court of Appeals justice, was a private lawyer when she was appointed SC justice by former president Benigno Aquino III in 2010. She was later appointed as chief magistrate, replacing her ...

Mabilog dismissal: TRO will be his last hope
Philippine Daily Inquirer - 2017-10-29
He also failed to submit proof of income from business interests he declared in his SALN. The Ombudsman said there was "malicious intent to conceal the truth" on the part of Mabilog. The Ombudsman also ordered the filing of a petition to forfeit ...

Longer wait for internet relief
Inquirer - 2017-10-29
The two executives of Globe Telecom and PLDT Inc.--Ernest Cu and Eric Alberto, respectively--who attended a forum organized by De La Salle University last week that had Chinese billionaire Jack Ma as speaker-- deserve medals for forbearance. In an ...

Christmas bonanza for 10M taxpayers
Inquirer Opinion - 2017-10-29
Amid the controversy besieging the TRAIN (Tax Reform for Acceleration and Inclusion), our 10 million taxpayers may receive an early Christmas bonanza from the Bureau of Internal Revenue (BIR) by way of refunds or tax credits for excessive income taxes paid ...

Kenya vote chief silent on rebel areas as uncertainty lingers
News Philippines Yahoo - 2017-10-29
Thursday's presidential re-run was ordered by Kenya's Supreme Court after it overturned Kenyatta's August victory over "irregularities" in the transmission of votes. - 'No winners' - "None of the questions raised by the Supreme Court's nullification of the ...

Data-privacy law to boost PHL cybersecurity sector
BusinessMirror. - 2017-10-29
Redoble, who is also president of nonprofit group Philippine Institute of Cyber Security Professionals ... private individuals includes government agencies like the Comelec, Social Security System and the Bureau of Internal Revenue, Averia explained.

Quezon government employees conduct 2-day study tour on biodiversity
BusinessMirror. - 2017-10-29
The event, dubbed as "Knowledge networking, and learning exchange on renewable energy, biodiversity and wildlife management," was spearheaded by Tanggol Kalikasan (TK), a public-interest environmental law organization, backstopped by the United Nations ...

Taxmen hone focus on select goods amid anti-smuggling drive
BusinessWorld Online - 2017-10-29
The press release said Finance Secretary Carlos G. Dominguez III ordered Customs Commissioner Isidro S. LapeƱa and Internal Revenue Commissioner Caesar R. Dulay to "focus on rice, fuel, steel, cigarettes and other food and agricultural product such as ...

Two steps forward, one step back
BusinessWorld Online - 2017-10-29
In December last year, I wrote a column "One Step Forward, Two Steps Back," describing the uneven progress six months into the Duterte administration. While I noted some progressive changes or positive initiatives, President Duterte had a tendency for ...

Tax Court denies Petron excise tax refund claim
BusinessWorld Online - 2017-10-29
Petron Corp., on June 5, 2015, filed an administrative claim for refund of excise tax with the Bureau of Internal Revenue. "Petitioner asserts in both its administrative and judicial claim for refund that its alkylate importations are not subject to ...

POEA warns OFWs against job offers from a third country
interaksyon.com - 2017-10-29
The Philippine Overseas Employment Administration (POEA) issued the warning, specifically addressed to Overseas Filipino Workers (OFWs) who are now already employed in foreign posts but are being targeted by the criminal syndicates to move to other areas.

DFA urges overseas Pinoys to register for 2019 polls
The Daily Tribune - 2017-10-28
Quirino Ave. cor. OsmeƱa Highway, Manila OWWA Training Center Victoria cor. Solana Sts., Intramuros, Manila Philippine Overseas Employment Administration Edsa cor. Ortigas Ave., Mandaluyong Maritime Industry Authority (Marina) 5th and 6th Floor Parkview ...

10 Commandments monument in New Mexico moving off city land
BusinessMirror. - 2017-10-28
The Supreme Court decision came after city attorneys argued that the 10th US Circuit Court of Appeals ignored previous rulings by the Supreme Court that simply being offended by such a monument did not give someone a legal basis to challenge the monument.

DILG: Implement Oplan Rody
Visayan Daily Star - 2017-10-28
An official of the Department of Interior and Local Government yesterday reminded local government officials in Western Visayas to intensify the implementation of "OplanRody" immediately. Local Government Assistant Secretary Jonathan Malaya ...

Zillow Appeals $4M Award In Copyright Row with Photo Co.
Law 360 - 2017-10-28
Law360, Los Angeles (October 27, 2017, 10:04 PM EDT) -- The Zillow Group on Thursday asked the Ninth Circuit to undo a $4 million award to real estate photography company VHT Inc. for copyright infringement., arguing that the jury should not have awarded ...

Zillow Appeals $4M Award In Copyright Row with Photo Co.
Law 360 - 2017-10-28
Law360, Los Angeles (October 27, 2017, 10:04 PM EDT) -- The Zillow Group on Thursday asked the Ninth Circuit to undo a $4 million award to real estate photography company VHT Inc. for copyright infringement., arguing that the jury should not have awarded ...

SMC Develops Intellectual Property Curriculum for Community Colleges to Promote Entrepreneurship
Press Release Point - 2017-10-27
Santa Monica, CA. The National Association for Community College Entrepreneurship (NACCE), and the Michelson 20MM Foundation have launched an innovative program to provide intellectual property (IP) curriculum through community colleges across the country.

The impact of migration
Inquirer - 2017-10-27
A recent World Economic Forum report had identified Davao City as one of the 22 cities most affected by the migration phenomenon. What this simply means is that as Davao attracts a growing volume of migrants year after year, it is also feeling an undue ...

Hazing witness tags 9 more brods; UST dean on lookout list
Philippine Daily Inquirer - 2017-10-27
17 at the Aegis Juris library near the University of Santo Tomas (UST ... Aside from Divina, also on the latest DOJ lookout bulletin are his fellow trustees of Aegis Foundation Inc., including a Court of Appeals justice and a former provincial prosecutor ...

Bad news, good news on jobs
Inquirer Opinion - 2017-10-27
Last year, 1.7 million Filipinos turned 15. Even so, it helped that the total labor force--or those of working age who want to work--actually shrank by 743,000. Most of those new 15-year-olds did not really enter the labor force to begin with ...

SBS Holdings expands land bank
Philstar - 2017-10-27
The area, which has a size of approximately 2,371 square meters, is an ideal acquisition because of its close proximity to the POEA building and the Robinsons Galleria in EDSA-Mandaluyong. Given its close proximity to POEA and Robinsons, the property is an ...

UCPB completes bank card, ATM migration to EMV standard
BusinessWorld Online - 2017-10-27
UCPB has 300 ATMs. The government is considering selling its majority stake in UCPB after the Supreme Court lifted a halt order on the plan back in September, although the Finance department has yet to release the official valuation and arrangements for ...

Ombudsman sees basis to indict BI execs Argosino, Robles
Philippine Daily Inquirer - 2017-10-27
The Office of the Ombudsman has found sufficient basis to charge resigned Bureau of Immigration (BI) Commissioners Al Argosino and Michael Robles with plunder and bribery cases over the attempt to extort P50 million from a gaming tycoon in November last year.

Office of the Ombudsman confirms dismissal of Iloilo Mayor Jed Patrick Mabilog
News Philippines Yahoo - 2017-10-27
"We will just explore or avail whatever legal remedies that we have. We might probably ask for TRO from the court of appeals or we might appeal the decision of the Ombudsman or we might follow petition before the court of appeals," said the legal counse

BRIEF-Hunan Er-kang Pharmaceutical receives patent license from Canadian Intellectual Property Office
Reuters - 2017-10-27
* Says it received a patent license (No. 2872353), for the manufacturing method of membrane compound of soft capsule, from Canadian Intellectual Property Office

The suitability of going public
BusinessWorld Online - 2017-10-27
"Business owners believe that by conducting an IPO ... It will also be critical to know if the organizational tax structure is optimized for an IPO and life as a public company. Ms. Divinagracia recommends prioritizing tax strategy and tax planning ...

Nun wrote diary on drug killings
Inquirer Opinion - 2017-10-26
With residents of San Andres Bukid filing for a writ of amparo from the Supreme Court against the Philippine National Police to protect their community from more drug-related extrajudicial killings and deadly police operations, focus is now trained on that ...

SC justice denies hand in Sereno impeachment bid
Philstar - 2017-10-26
The magistrate likewise belied the reported allegation of AGG that he has been announcing in the SC that he would be the next chief justice and his wife, Court of Appeals Justice Fernanda Lampas-Peralta, will be the next presiding justice of the appellate ...

Trump names Treasury official to be acting IRS commissioner
News Philippines Yahoo - 2017-10-26
WASHINGTON (AP) -- The White House is naming a Treasury official to serve as acting commissioner of the Internal Revenue Service, succeeding an IRS commissioner who has drawn the ire of congressional Republicans. The White House says David Kautter will be ...

Wichita supplier awarded additional $2.1 million from intellectual property case
The Business Journal - 2017-10-26
The Sedgwick County District Court has awarded Cobham AvComm $2.1 million in punitive damages stemming from an intellectual property case for which it was previously this year awarded $3.3 million in compensatory damages. That jury in May found that two ...

Health care, science and technology jobs among fastest-growing US occupations
BusinessWorld Online - 2017-10-26
HOME HEALTH aides, statisticians, solar-panel installers and software developers are among the 15 fastest-growing occupations in the US and reflect the needs of an aging population, a shift to clean energy and employer demand for science, technology and ...

DOLE revives campaign vs child labor in Eastern Visayas
BusinessMirror. - 2017-10-26
In Photo: Most child laborers in Eastern Visayas have been found working in deep sea fishing, mining, quarrying and agriculture, the Department of Labor and Employment said. TACLOBAN CITY--After five years of hiatus, the Department of Labor and Employment ...

Fair recruitment brings hope to OFWs
BusinessMirror. - 2017-10-26
This is apparent in the fact that the Philippines alone deploys 5,787 workers abroad, according to Philippine Overseas Employment Authority (POEA), with 2,112,331 recorded in 2016. The number is much higher considering the huge number of undocumented ...

Too many chairs
BusinessMirror. - 2017-10-26
The first Commission on Elections (Comelec) chairman post-Edsa 2 was a former court administrator of the Supreme Court, Justice Alfredo L. Benipayo, appointed by then-President Gloria Macapagal-Arroyo. After having repeatedly failed to secure confirmation ...

The antidote to smuggling
BusinessMirror. - 2017-10-26
To link up (in real time), the recording system of both the BOC and the Bureau of Internal Revenue (BIR) should be synchronized. This would enable the government to compare the declared values of imported goods at the time of their importation vis-Ć -vis ...

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