DOF sees rest of tax reforms enacted in 2019
BusinessMirror - 2019-07-25
and rationalizing capital income taxation to address the multiple rates and different tax treatments and exemptions on capital income, and other financial instruments under Package 4.

BOC destroys cigarette-making machines, confiscated goods
BusinessMirror - 2019-07-24
Last year, Dominguez directed the BOC and the Bureau of Internal Revenue (BIR) to work with their respective counterparts in China to stop the illicit entry of cigarette-making machines that are ...

Exempt newly-hired OFW from immediate SSS payment-DOLE
BusinessMirror - 2019-07-24
An OEC is a document issued by the Philippine Overseas Employment Administration (POEA) to allow a Filipino to work abroad. "We will issue the OEC with the condition that three months after the ...

Esper sworn in as defense secretary to succeed Mattis
BusinessMirror - 2019-07-24
Mark Esper (left) is sworn in as the secretary of Defense by Supreme Court Justice Samuel Alito, (right), as his wife Leah Esper holds the Bible, during a ceremony with President Donald J.

Economic chaos: 2020
BusinessMirror - 2019-07-24
The American Revolution was not about freedom; it was about "no taxation without representation." Even in "good" economic times, if the people feel that they are being cheated by their ...

GOP, Dems offer compromise to reduce drug costs for seniors
Philippine Daily Inquirer - 2019-07-24
Separate legislation to address "surprise medical bills" has already cleared the Senate Health, Education, Labor and Pensions committee. The senators said preliminary estimates from the ...

Fuel marking system seen in place by Q4
Philippine Daily Inquirer - 2019-07-23
After almost two years of delay, the implementation of the fuel marking program will be in full swing by the fourth quarter as the service provider is now preparing the necessary testing facilities.

Duterte urged to convene Ledac to update common agenda
BusinessMirror - 2019-07-23
and the Philippine Health Insurance Corp. (PhilHealth); the delivery of better frontline services by the Social Security System (SSS), Bureau of Internal Revenue (BIR), Land Registration Authority ...

Senate ready to hear arguments of Trabaho bill critics-Sotto
BusinessMirror - 2019-07-23
bill to cut down to 20 percent the existing 30-percent corporate tax rates and rationalize fiscal incentives. But Senate President Vicente Sotto III suggested that Trabaho bill critics first wait ...

DOLE: Draft bill creating OFW department has been submitted to Malaca├▒ang
BusinessMirror - 2019-07-23
In his recommendation, Bello suggested integrating the Philippine Overseas Employment Administration (POEA), Overseas Workers Welfare Administration (OWWA), National Reintegration Center for OFWs ...

JLL reveals Philippine property market will remain vigorous for the second half of 2019
Philippine Daily Inquirer - 2019-07-23
A total of 36,500 square meters were taken up in Q2 2019 with the biggest share being in Cebu City at 51%. Demand drivers are Online Gaming in Lapu-Lapu City and ESL schools in Cebu. Cebu has ...

SONA 2019 briefer: Things Duterte said about China, South China Sea
InterAksyon - 2019-07-23
Responding to the SONA, Supreme Court Senior Associate Justice Antonio Carpio stressed that traditional fishing "applies only in the territorial sea and archipelagic waters." "There is no traditional fishing in the EEZ. This is very clear in the ...

DOLE holds Kabuhayan program orientation for PWDs
Philippine Daily Inquirer - 2019-07-23
will have the opportunity to become beneficiaries of the Kabuhayan program of the Department of Labor and Employment (DOLE) Central Visayas regional office. DOLE-7 conducted an orientation for 43 ...

Trump expands fast-track deportation authority across US
Philippine Daily Inquirer - 2019-07-22
SAN DIEGO - The administration of President Donald Trump announced Monday that it will vastly expand the authority of immigration officers to deport migrants without allowing them to first ...

Puerto Ricans launch a massive strike, refusing to back down until Gov. Ricardo Rossell├│ resigns
CNN Philippines - 2019-07-22
A trial would be presided over by the head of the Supreme Court, with the senators as jurors. A two-thirds vote is needed in both chambers for an impeachment to be carried out. Not everyone wants the governor to resign Former Senate Vice President Orlando ...

Quick cut in corporate taxes to 25% pushed
Philippine Daily Inquirer - 2019-07-22
The Joint Foreign Chambers of Commerce of the Philippines (JFC) wants the government to immediately slash the corporate income tax from 30 percent to 25 percent in the "Trabaho" bill ...

Do you have an integrity compliance framework?
BusinessMirror - 2019-07-22
"WE firmly believe that the sustainability of our business operations can only be achieved by adopting high ethical standards and promoting a culture of integrity. Our top management internally ...

Duterte pushes reforms, rails vs graft
BusinessWorld - 2019-07-22
PRESIDENT Rodrigo R. Duterte on Monday asked lawmakers to pass more tax reforms starting with a proposal to cut corporate income tax, overhaul fiscal incentives given out to companies and further increase tobacco and alcohol excise tax rates. In his yearly ...

Government sets guidelines on LGU fees, charges
philstar.com - 2019-07-22
MANILA, Philippines -- The Department of Finance (DOF) and the Department of Interior and Local Government (DILG) have issued a joint circular to ensure that local government units (LGUs) charge reasonable fees and charges for services they offer to the ...

Delayed start, long speech, singing President
philstar.com - 2019-07-22
MANILA, Philippines -- He was over an hour late, and his speech ran much longer than he promised. Due to bad weather, President Duterte arrived more than an hour late for his fourth State of the Nation Address (SONA) at the Batasan complex yesterday ...

Fiscal deficit narrows to P42.6 B in H1
philstar.com - 2019-07-22
The Treasury said P1.38 trillion of the amount was generated through tax collections. In particular, the Bureau of Internal Revenue (BIR) generated P1.066 trillion in revenue in the first half, 10.56 percent higher than the P964.5 billion recorded a year ago.

SC declares valid 2014 SSS premium pay hike
Philippine Daily Inquirer - 2019-07-22
MANILA, Philippines - The Supreme Court affirmed the January 2014 0.6-percent increase in the monthly premiums for Social Security System (SSS) members. In the decision written by Associate ...

Duterte urges Congress to pass Trabaho bill
Philippine Daily Inquirer - 2019-07-22
MANILA, Philippines -- President Rodrigo Duterte on Monday called on Congress, during his fourth State of the Nation Address, to pass the second tranche of his planned tax system overhaul.

A monumental slip of the tongue
BusinessWorld - 2019-07-22
Chief Justice Lucas Bersamin may go down in history in the same vein. Oscar P. Lagman, Jr. is a retired corporate executive, business consultant, and management professor. He has been a politicized citizen since his college days in the late 1950s.

Dark skies in the horizon: Growth seen falling below 6%
Philippine Daily Inquirer - 2019-07-22
The need to narrow the budget deficit prompted a slowdown in government spending in the first six months of 2019, risking slower economic growth, estimated to fall below 6 percent, in the second ...

Ferdinand Gaite, from union to lawmaking
Bulatlat - 2019-07-22
In all those years, he became very active in union organizing and in pushing for meaningful reforms not just with OWWA employees but also with other government employees unions they were working hand-in-hand with under the then newly-established ...

Deployment of workers to Libya still suspended
BusinessMirror - 2019-07-22
The Philippine Overseas Employment Administration (POEA) has also informed the Philippine Embassy that it has not issued any approval to any individual or agency in the Philippines and in Libya to ...

Duterte told to roll out better farm policies
BusinessMirror - 2019-07-22
To keep up with the Fourth Industrial Revolution, Chikiamco said, government must consider amending the Labor Code. "Artificial intelligence and other digital technologies will disrupt many ...

US-China trade row to slash PH growth to 6%
Philippine Daily Inquirer - 2019-07-22
Although remittances slowed in April, a rock-solid US labor market should have kept remittances afloat in May and June, while cooling inflation likely boosted consumer spending in the second ...

Pinoy workers stage more strikes in Jan-May
BusinessMirror - 2019-07-22
Labor groups march along Espa├▒a Street in Manila in this 2018 BusinessMirror file photo. The incidents of labor strikes jumped in the first five months of the year and the number could continue ...

All pending tax reform bills already filed in 18th Congress
Philippine Daily Inquirer - 2019-07-21
package three reforming the property valuation system and package four on capital income taxation. During its first three years in office, the Duterte administration managed to pass two packages ...

IT-BPM industry reaps the rewards; Now to gear up for new technology
BusinessWorld - 2019-07-21
ONE of the fastest-rising sectors in the Philippines, the information technology and business process management (IT-BPM) industry has reaped the rewards of growing demand for IT and other services. With business process outsourcing (BPO) thriving ...

Industry 4.0 and inequality: What could possibly go wrong?
BusinessWorld - 2019-07-21
Automated banking help lines are the least of its problems; hundreds of thousands of back office jobs hang in the balance while AI starts to be applied to skilled white-collar tasks like credit analysis, legal and accounting functions, and regulatory ...

Filipinos among 23 crew members of oil tanker seized by Iran
Philippine Daily Inquirer - 2019-07-21
Filipino seafarers were among the 23 crew members aboard the British-flagged oil tanker seized by Iran Friday in the Strait of Hormuz for allegedly violating international laws. There were no ...

Some asylum seekers forced to wait in Mexico help each other
Philippine Daily Inquirer - 2019-07-21
For the few who get an interview, the U.S. government still forces many to wait in Mexico while their immigration cases wind through court, which can take years. The fate of those seeking asylum ...

New Greek PM emphasizes tax cuts, jobs, security
Philippine Daily Inquirer - 2019-07-20
ATHENS, Greece - New Greek Prime Minister Kyriakos Mitsotakis said Saturday that cutting taxes, attracting jobs and tackling rising crime will be his top priorities. Mitsotakis announced he ...

Duterte appointees to dominate SC
Philippine Daily Inquirer - 2019-07-20
del Castillo, will be honored by his colleagues on Friday, July 26, to mark his retirement from the Supreme Court. The Constitution says that members of the judiciary "shall hold office during good behavior until they reach the age of seventy years ...

Liberalization, more tax reforms mark Dutertenomics endgame
BusinessMirror - 2019-07-20
For Panelo, the Duterte administration is on the right path in attracting more FDIs, noting that the current business climate is more attractive to foreign investors. This is especially true after ...

The case of the missing jet ski: A pre-SONA commentary
philstar.com - 2019-07-20
Another survey done by the Social Weather Station revealed that while his approval rating is still relatively positive, his numbers are dwindling, especially as regards how the West Philippine Sea issue is being addressed and handled. Since 2016 ...

Gov't working on release of Filipino seafarer after Iran seized tanker
CNN Philippines - 2019-07-20
Metro Manila (CNN Philippines, July 20) -- The government is taking steps to make sure the Filipino seafarer on board a British-flagged ship that was seized by Iranian authorities Friday night ...

US to send asylum seekers back to dangerous part of Mexico
Philippine Daily Inquirer - 2019-07-20
Under the so-called "Remain in Mexico" policy, asylum seekers are briefly processed and given a date to return for an immigration court hearing before being sent back across the southern border.

Security of tenure bill seen harmful to firms
Philippine Daily Inquirer - 2019-07-19
Economist Gerardo Sicat, the first director general of the National Economic and Development Authority, said this on Friday, adding that the labor law should be improved "so we can become more ...

Almirante: Suspension of operations
Sun Star - 2019-07-19
Also, not only did petitioner fail to prove it had valid grounds to place respondent on a floating status, but the National Labor Relations Commission (NLRC) and the Court of Appeals both correctly found that respondent even had to ask for a new assignment ...

Industry groups urge Congress to consider alternative PEZA perks
philstar.com - 2019-07-19
MANILA, Philippines -- With the Tax Reform for Attracting Better and Higher Quality Opportunities (TRABAHO) bill likely to be refiled at the 18th Congress, industry groups representing ecozone developers and locators urge legislators to consider ...

7-Eleven sets aside P3.5 B for expansion
philstar.com - 2019-07-19
MANILA, Philippines -- Philippine Seven Corporation (PSC), the exclusive licensor of 7-Eleven in the Philippines, is setting aside P3.5 billion in capital expenditures this year to fund expansion, officials said yesterday. In a press conference yesterday ...

Filipinos warned vs job offers as household workers, tutors in China
Philippine Daily Inquirer - 2019-07-19
MANILA, Philippines -- The Department of Foreign Affairs (DFA) warned job seekers in China against employment offers to work as household service workers and private tutors in that country.

POEA to deploy 1st batch of OFW under new deal with Japan
BusinessMirror - 2019-07-19
THE Philippine Overseas Employment Administration (POEA) on Thursday said it could soon deploy the first batch of overseas Filipino workers (OFW) under the new Philippine-Japan Memorandum of ...

The Fair Use Defense
Mondaq - 2019-07-19
The Fourth Circuit's Decision in Brammer v. Violent Hues Productions, LLC Russell Brammer sued Violent Hues Productions, LLC (Violent Hues) for copyright infringement, alleging Violent Hues copied his photograph without authorization. Brammer's photograph ...

Labor group urges transition plan for 18 million workers affected by Fourth Industrial Revolution
BusinessMirror - 2019-07-19
What about the transition process? This was the concern of the Associated Labor Unions-Trade Union Congress of the Philippines (ALU-TUCP) after the Department of Trade and Industry (DTI) announced ...

Boeing sees billions more in MAX costs as grounding drags on
philstar.com - 2019-07-19
Boeing said that second-quarter earnings would be hit by $4.9 billion in one-time after-tax costs to compensate airlines for disruptions and plane delivery delays due to the MAX grounding. Profits will also be weighed down by another $1.7 billion in costs ...

Translate >>

Original text