Duterte advises caution anew on maritime dispute
BusinessWorld Online - 2017-11-12
Addressing the ASEAN Business and Investment Summit on Sunday, Mr. Duterte also noted "China is the number one economic power and we have to be friends, (while) the other hot heads would like us to confront China and the rest of the world on so many ...

Suspension of OFW permits draws mixed reactions
Global Nation - 2017-11-11
With the suspension, direct-hire workers would have to go through POEA-accredited recruitment agencies which usually charge the equivalent of their one-month salary from their prospective employers abroad as processing fees. The OEC is the required ...

Illegal recruitment: DOLE suspends OECs for overseas Filipino workers
Philstar - 2017-11-11
The processing of new OECs was suspended "due to persistent reports of illegal recruitment." The OEC, a document issued by the POEA to Filipinos working abroad, is proof that the holder is a legitimate overseas worker. OEC holders are also exempted from ...

NTRC warns vs adverse effects of foreign tourist tax
Philstar - 2017-11-11
MANILA, Philippines -- Think tank National Tax Research Center (NTRC) said a proposal to impose tax to foreign tourists visiting the country may negatively affect the Philippine tourism industry. In a research journal posted in its website, the NTRC said ...

Lives of anxiety: Immigrants seek sanctuary in US churches
Business Mirror - 2017-11-11
Back in her small Guatemalan hometown, the local Catholic church was one of the largest buildings and the center of community life. She grew up not far from the border ... Morales is afraid of being part of those statistics, so she tries to stay calm ...

Asia-Pacific forum sticks to free-trade gospel despite Trump
Inquirer - 2017-11-11
Canadian Prime Minister Justin Trudeau told reporters that environmental protection, labor rights, gender issues and the auto industry were areas needing work, though he did not go into specifics. "We got a lot of work done, but there is still more work ...

Maestrecampo gets CAAP post
Visayan Daily Star - 2017-11-11
Aranas studied at the University of St. La Salle in Bacolod City, obtained his Bachelor of Science in Commerce degree, major in Business Administration, from the Philippine School of Business Administration, and his Bachelor of Laws degree from Silliman ...

DOLE suspends processing of OFW overseas employment certificates
CNN Philippines - 2017-11-11
Metro Manila (CNN Philippines, November 11) -- Labor Secretary Silvestre Bello III on Friday suspended the processing of Overseas Employment Certificate applications following "persistent reports" of illegal recruitment of overseas FIlipino workers (OFW).

Banks say selected branches to close during ASEAN holidays
BusinessWorld Online - 2017-11-10
In a Facebook note, Philippine National Bank (PNB) announced that on Nov. 13 to 15, some branches in Metro Manila and Rizal will only be open from 9 am to 12 noon, while some branches in Bulacan and Pampanga will be open from 9 am to 3 pm.

Office property glut seen until 2020
Inquirer - 2017-11-10
Property consulting firm Colliers Philippines sees the office property market turning less favorable for landlords from 2019 onward, citing the slowdown in the business process outsourcing (BPO) sector and the "unpredictability" of the offshore gaming ...

NTRC opposes plan to tax foreign tourists visiting PH
Inquirer - 2017-11-10
There are those that visit the country for medical treatment, official trip/mission, pilgrimage, potential business venture, among others. Said travelers are not the target of the proposed tax but those who are traveling to the country for leisure and/or ...

DOLE suspends processing of OFW certificates to stem illegal recruitment
interaksyon.com - 2017-11-10
According to Department Order 185, the suspension will run from November 13 to December 1 and be enforced by the Philippine Overseas Employment Administration on land-based recruitment agencies. The suspension does not cover Filipinos working for ...

DOLE suspends issuance of OECs for Filipino workers
Rappler - 2017-11-10
The following are also exempted from the order: OFWs on leave or those under Balik Manggagawa Outgoing OFWs whose OEC applications are already pending before the office of Philippine Overseas Employment Administration (POEA) Officer-in-Charge Bernard ...

Asi Taulava outplays taxman
Philippine Daily Inquirer - 2017-11-09
Filipino-Tongan basketball player Pauliasi "Asi" Taulava has scored against the Bureau of Internal Revenue (BIR), as the Court of Tax Appeals (CTA) acquitted him of P9.55-million tax evasion charges. In a decision dated Nov. 3, the CTA First Division ...

Unfulfilled promises
Inquirer Opinion - 2017-11-09
If either chamber of Congress were controlled by the opposition, it would be easy for the administration ... Business section of the Inquirer. Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to ...

Talks for TPP agreement reach critical point as APEC meets
BusinessWorld Online - 2017-11-09
A member of a Vietnamese honour guard stands guard during the arrivals of leaders at the international airport ahead of the Asia-Pacific Economic Cooperation (APEC) Summit in the central Vietnamese city of Danang on November 9, 2017. World leaders and ...

Taxation and the reengineering of Philippine society
BusinessWorld Online - 2017-11-09
The tax reform package currently being pushed by the government (i.e., TRAIN or Tax Reform for Acceleration and Inclusion) represents a great opportunity to layout, craft, and implement a vision of what Philippine ... Challenge Corp. corruption and rule ...

Government eyes tax amnesty program in 2018
Philstar - 2017-11-09
MANILA, Philippines -- The government may implement next year a tax amnesty program aimed at improving taxpayer compliance and boosting government revenue, the Department of Budget and Management (DBM) said yesterday. During the Philippine Economic ...

NOW Corp. brings enterprise-grade wireless Internet to residential areas
BusinessMirror. - 2017-11-09
NOW Corp., known for its Fiber Air service, now enters the residential market. This service is unique because of its guaranteed and committed minimum speed already enjoyed by highly demanding enterprise clients. The Philippine Stock Exchange-listed ...

LIST: Bank schedules during ASEAN Summit
Philstar - 2017-11-09
View the list of closed Land Bank branches on its Facebook page. Philippine National Bank - At least 230 branches of PNB in Metro Manila, Bulacan, and Pampanga would be open during the summit. View the banking schedule per branch on its Facebook page.

JTI investment lauded by DOF
BusinessMirror. - 2017-11-09
"JT Group enthusiastically supports the DOF in its tax-collection effectiveness program ... the transaction enables the JT Group to consolidate its business foundation through expanded distribution and strengthened brand portfolio by providing JTI ...

CA allows illegal fish pens, fish cages in Cataquiz Belt
BusinessMirror. - 2017-11-09
THE campaign to demolish illegal structures in Laguna de Bay suffered a temporary setback after the Court of Appeals (CA) recently issued a ruling stopping the Laguna Lake Development Authority (LLDA) from dismantling illegal fish pens and fish cages in ...

Cross-border M&As to rise, says ING
Inquirer - 2017-11-09
A trained mathematician and economist who brings with him three decades of experience and expertise in investment banking and the global capital markets, Sicat said he hoped to build on and expand the business that Garcia and the ING global team had ...

One-time tax amnesty program planned for next year
Inquirer - 2017-11-09
Chua had said the plan to legislate a final amnesty would be "absolute" in the sense that its application would clear all tax dockets in the Bureau of Internal Revenue, Bureau of Customs and the courts. It would, however, exclude criminal cases ...

Austin360 arts list, Nov. 10-16
mystatesman.com - 2017-11-09
The University of Texas theater department is taking on Arthur ... 10 p.m. Friday through Dec. 15. $5-$10. 3708 Woodbury Dr. theinstitutiontheater.com. The New Movement. "When We Were Young," 7:30 p.m. Friday. Plus more improv and stand-up shows ...

New energy, fresh designs and sustainability at Manila FAME
Inquirer Lifestyle - 2017-11-08
"The bamboo is a rapidly renewable resource. The Bambike combines sustainability with fair trade labor," said McClelland. These bicycles are hand-wrapped with bamboo. The new collection introduces engineered bamboo. We passed the international bike ...

SELA brings together international cooperation directors and intellectual property authorities in Panamá
E TN Global Travel Industry News - 2017-11-08
The Latin American and Caribbean Economic System (SELA) and the Government of Panama will hold the "XXVIII Meeting of International Cooperation Directors for Latin America and the Caribbean: Cooperation for Intellectual Property", scheduled for 07 and ...

PHL may tap foreign labor for P8-trillion infrastructure projects
BusinessMirror. - 2017-11-08
The government is open to the possibility of hiring foreign workers so it could complete its big-ticket infrastructure projects by 2022, the chief of the Department of Budget and Management (DBM) said on Wednesday. At the sidelines of the 55th Annual ...

A tax cut for business and not for people
BusinessWorld Online - 2017-11-08
THE rate cuts, deduction removals and other changes to the individual income tax code envisioned in the Tax Cuts and Jobs Act that the House Ways and Means Committee begins considering this week add up to a reduction in taxes of $516.7 billion over the ...

Filing and processing of refund claims
BusinessMirror. - 2017-11-08
Last month, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular 89-2017 (RMC 89-17), which amended the previously issued rules relative to the processing of claims for refund/issuance of tax credit certificate (TCC) and the required ...

NOW Corp. eyeing slice of residential broadband clientele
Inquirer - 2017-11-08
NOW Corp. is entering the massive residential broadband business as it hopes to capture a small but loyal slice of a market being aggressively pursued by industry giants PLDT Inc. and Globe Telecom. NOW president and CEO Mel Velarde told reporters in a ...

BI deploys enough manpower at airports for Asean Summit
Philippine Daily Inquirer - 2017-11-08
The Bureau of Immigration (BI) has beefed up its security and increased its manpower at the Ninoy Aquino International Airport (Naia) and other international airports in the country in preparation for the holding of the Association of Southeast Asian ...

Damaging the Court
Inquirer Opinion - 2017-11-08
There may be no question that the President wants Sereno out, but the role of the presidential spokesperson is to speak for the President, not to make policy and then merely attribute it to an assumption that the policy (nothing less than calling on the ...

Idea at the heart of GOP tax plan: 'trickle-down' economics
News Philippines Yahoo - 2017-11-07
WASHINGTON (AP) -- The House Republicans' tax-cut plan springs from a core argument: What's good for big business and the moneyed elite is inevitably good for the economy and everyone else. Their plan would slash corporate tax rates, end inheritance taxes ...

Of excellence, innovation
Inquirer - 2017-11-07
More specifically, Whirlpool initially found it hard to market and sell its products even though these had time- and labor-saving innovations. "The initial challenge was the distribution and marketing, meaning how to make it more available to the ...

Intellectual Property Bulletin - Fall 2017
JD Supra - 2017-11-07
In the Winter 2017 edition of the Intellectual Property Bulletin, we reported on IP-related changes expected with the incoming Trump administration and the new Congress. Here we look at two such changes currently underway: the nomination of a new director ...

IEEE Fails to Protect Intellectual Property - Security Flaws Enable Attackers to Hide Trojans in SoCs to Defame Competitors
WCCF Tech - 2017-11-07
Thanks to crypto flaws, attackers can recover highly valuable intellectual property from IEEE in plaintext. Security researchers have revealed that "a surprising number of cryptographic mistakes" in the IEEE P1735 electronics standard enable attackers ...

Alleged frat leader challenges Senate inquiry in petition to SC
BusinessWorld Online - 2017-11-07
THE Supreme Court (SC) on Tuesday, Nov. 7, said, it has directed respondents -- the Senate and its officials, in this case -- to comment on a petition by alleged fraternity leader Arvin R. Balag challenging the Senate inquiry on the Sept. 17 hazing and ...

Will SCOTUS Resolve The Copyright Registration Debate?
JD Supra - 2017-11-07
At issue is 17 U.S.C. ┬ž 411(a), which states that "no civil action for infringement of the copyright in any United States work shall be instituted until preregistration or registration of the copyright claim has been made in accordance with this title."

F1 champion Hamilton avoided taxes on luxury jet - leaked docs
Inquirerer Sports - 2017-11-07
The revelations are the latest to emerge from the so-called Paradise Papers, released by the International Consortium of Investigative ... Rita de la Feria, chair of tax law at the University of Leeds, added: "If the scheme is being used to disguise ...

After a dip in number of smokers, another increase looms
Inquirer Lifestyle - 2017-11-07
Operational funds of big government hospitals like the Philippine General Hospital have been significantly increased ... Smokers have probably found other things to give up just so they could maintain their vice. Citing estimates based on the National ...

18 luxury cars worth P107M seized at MICP
Philippine Daily Inquirer - 2017-11-07
Customs Commissioner Isidro Lape├▒a said the luxury cars were seized due to undervaluation and failure of its consignee to present the documentary requirement from the Bureau of Internal Revenue (BIR), particularly the Authority To Release Imported Goods ...

CA: Taguig owns BGC, not Makati
Philippine Daily Inquirer - 2017-11-07
The land row between the two local governments covers properties in the revenue-rich BGC, which hosts several upscale shopping malls, condominiums, office buildings and other business establishments. In its Oct. 3 ruling which was made public only last ...

Intellectual Property Trends in Contract Manufacturing
Food Product Design - 2017-11-07
Contract manufacturers are an important part of the nutritional supplement ecosystem and provide manufacturing expertise, product quality and cost savings. The partnership between a brand and contract manufacturer can be successful for both parties or may ...

Feds seeking TPP changes on intellectual property, supply management and culture
Canadian Business - 2017-11-06
OTTAWA _ Canadian negotiators are pushing for three key changes to the original Trans-Pacific Partnership as leaders of the remaining countries interested in reviving the controversial treaty prepare to meet this week. A senior government official says ...

EDITORIAL - Mocking the law
Philstar - 2017-11-06
Later, the SC also fired from the service Court of Appeals justice Demetrio Demetria for intervening in the case. In the following years, published reports said Yu spent much of her supposed incarceration at the Correctional Institution for Women in ...

Standing to Sue for Copyright Infringement: No Bright Line Rule for Stock Photo Agencies
JD Supra - 2017-11-06
... took up the "often litigated issue" of whether a stock photography agency has standing under the Copyright Act to pursue infringement claims pertaining to photographs from its stock collection, and concluded that only the legal or beneficial owner ...

SMC consolidates beverage businesses under Pure Foods
BusinessWorld Online - 2017-11-06
through Ginebra San Miguel, Inc. (GSMI) and San Miguel Brewery, Inc. (SMB), under the umbrella of SMPFC, whose businesses include feeds, poultry, fresh meat, milling, and branded food such as Purefoods canned goods, Magnolia ice cream and San Mig Coffee.

Palace to Sereno: Resign
BusinessWorld Online - 2017-11-06
MALACA├ĹANG on Monday, Nov. 06, called on Chief Justice Ma. Lourdes P.A. Sereno to resign and spare the Supreme Court from further "damage." That morning too, Ms. Sereno, addressing a forum, warned of a "resurgence of political forces threatening and ...

PSEi at fresh high on earnings, bargain hunting
BusinessWorld Online - 2017-11-06
THE Philippine Stock Exchange index (PSEi) finished at a fresh record high on Monday, bouncing back on selected positive earnings results of companies abroad and bargain hunting by investors. The index closed at 8,523.07, showing an increase of 146.94 ...

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