IAAF seeks reversion
BusinessMirror - 2019-06-06
THE International Association of Athletics Federations (IAAF) will seek a "swift reversion" to a decision from the Federal Supreme Court of Switzerland which allows Caster Semenya to compete ...

IMF chief warns US-China spat to slash 2020 global growth
BusinessWorld - 2019-06-06
International Monetary Fund Managing Director Christine Lagarde arrives for the Women's Forum Americas, at Claustro de Sor Juana University in Mexico City in this May 30 photo. WASHINGTON -- The International Monetary Fund (IMF) does not see the threat of ...

Minsaad partners affirm commitment
Sun Star - 2019-06-06
The Minsaad is a special project of DAR funded by the Japan International Cooperation Agency (Jica) and the government of the Philippines which will ... of Trade and Industry (DTI), Department of Science and Technology (DOST), and the Department of Social ...

Defense officials no-show in amparo hearing by NUPL
BusinessWorld - 2019-06-06
Duterte and seven other government officials: National Security Adviser Hermogenes C. Esperon, Jr., Defense Secretary Delfin N. Lorenzana, Armed Forces of the Philippines (AFP) Chief-of-Staff Gen. Benjamin R. Madrigal, Jr., AFP Deputy Commander for ...

Despite court of appeals ruling: BOPK bloc nixes lot property sale
philstar.com - 2019-06-06
CEBU, Philippines -- Councilors in Cebu City allied with outgoing Mayor Tomas OsmeƱa have approved a resolution as a first step in a move to declare as void the sale of 45 hectares of land at the South Road Properties during the term of former mayor ...

Jobless rate falls to 5.1% in April
philstar.com - 2019-06-06
MANILA, Philippines -- Unemployment eased in April due to the robust growth in hirings in the services sector during the election season, the National Economic and Development Authority (NEDA) said yesterday. Results of the April 2019 round of the ...

CNN Poll: Rising share expect Trump to win in 2020
CNN Philippines - 2019-06-06
The most frequently cited responses are lying (13%), racism (11%), incompetence (11%) and not acting presidential (7%). Immigration, named by 7%, is the only specific issue that merits mention by 5% or more. Those who approve of the way Trump is handling ...

Teodoro Regala: In memoriam
philstar.com - 2019-06-06
Mr. Regala also held a Master of Laws degree from Harvard University (1960) under a Harvard Scholarship ... the Harvard Club of the Philippines and the Union Church of Manila Philippines Foundation, Inc. Mr. Regala lived a full life. He dedicated his ...

G20 to tackle US-China trade war, digital tax
Philippine Daily Inquirer - 2019-06-06
as the G20 reportedly moves toward a tax scheme based on the amount of business a company does in a country, not where it is based. But the United States is pushing for a broader approach that may ...

SMC Global Power asks Meralco to start selection process for 2 new power plants
BusinessMirror - 2019-06-06
However, these two are among the 90 PSAs covered by the Supreme Court ruling last month. The SC has ordered all PSAs submitted by DUs to the Energy Regulatory Commission (ERC) on or after June 30 ...

DOLE, partners all set for June 12 Kalayaan Job & Business Fairs
Gov - 2019-06-06
DOLE offcials and partners from DTI, OWWA, POEA, City PESO and Port Vaga Mall launch the June 12 Kalayaan Job and Business Fairs in a media briefing. (Harley Sibuma/PIA - UC Intern) BAGUIO CITY, June 6 (PIA) --The Department of Labor and Employment (DOLE ...

DOF wants full PH transition to e-invoicing by end-2022
Philippine Daily Inquirer - 2019-06-05
However, further reforms are needed," the finance official said. "The Bureau of Internal Revenue, in partnership with the government of Korea, is set to complete the development of the e ...

Closer look into Phl competitive rank
philstar.com - 2019-06-05
called the Tax Reform for Attracting Better and High-quality Opportunities Act (TRABAHO) that should introduce lower corporate income taxes, while rationalizing other tax incentives given to businesses operating in the country just recently passed.

Bello: Germany needs up to 2,000 medical workers yearly
Philippine Daily Inquirer - 2019-06-05
MANILA, Philippines -- Around 1,000 to 2,000 job vacancies in the medical sector are available in Germany every year, Labor Secretary Silvestre Bello III said on Wednesday. "They need nurses ...

Korean EV players seek government support to enter Philippines
philstar.com - 2019-06-05
The suggestion was raised by the group as Trade Secretary Ramon Lopez discussed opportunities in the EV industry in the Philippines during a roundtable meeting with high-level business executives of South Korean firms. "This would have to be a special ...

April finds fewer Filipinos jobless, looking for more work
BusinessWorld - 2019-06-05
"The expansion [in services] may be attributed to increased business activities in line with the campaign period for the Philippine mid-term elections. Adding to this is the increase in consumer demand during summer and harvest seasons," Mr. Pernia sai

OWWA signs deal to promote wellness among OFW nurses
BusinessWorld - 2019-06-05
THE Overseas Workers Welfare Administration (OWWA) said it is mounting a push to improve the health and wellness of Overseas Filipino Workers (OFWs) and their loved ones, starting with overseas-deployed nurses. OWWA said as part of its observance of ...

CTA rules it lacks jurisdiction on Duty Free VAT case
BusinessWorld - 2019-06-05
In a 15-page decision on May 30, the CTA special first division ruled that as DFPC is attached to the Department of Tourism under Republic Act (RA) 9593 or the Tourism Act of 2009 while the Bureau of Internal Revenue (BIR) is a sub-group of the Operations ...

CTA rejects BIR appeal on Deutsche Bank unit refund
BusinessWorld - 2019-06-05
THE COURT of Tax Appeals (CTA) denied for lack of merit the motion for partial reconsideration of the Bureau of Internal Revenue (BIR) over the P15.86 million tax refund granted to Deutsche Knowledge Services Pte. Ltd., a subsidiary of Deutsche Bank Group ...

Fewer Filipinos jobless in April - PSA
CNN Philippines - 2019-06-05
Metro Manila (CNN Philippines, June 5) -- More Filipinos had jobs as of April, with most of them hired in the services sector. Latest data from the Philippine Statistics Authority (PSA) reveal ...

70,000 jobs available at 22 Independence Day fairs
Philippine Daily Inquirer - 2019-06-05
MANILA, Philippines -- Around 70,000 local and overseas jobs are up for grabs in the various job fairs that will be set up on June 12, the 121st celebration of Philippine Independence Day, Labor ...

Bangladeshi jailed 42 years for ISIS-inspired attack on Australian host
Philippine Daily Inquirer - 2019-06-05
MELBOURNE, Australia -- A Bangladeshi student who enrolled in an Australian university with the aim of killing someone in the name of the Islamic State group was jailed for 42 years Wednesday for ...

Cardinal Pell appeals 'impossible' child sex conviction
philstar.com - 2019-06-05
The appeal was being heard by three judges of Victoria State's Supreme Court: Chief Justice Anne Ferguson, President of the Court of Appeal Chris Maxwell and Justice Mark Weinberg. The hearing is scheduled to continue until Thursday before the three judges ...

Developers sue Apple over app store fees
philstar.com - 2019-06-05
SAN FRANCISCO, United States -- A lawsuit filed Tuesday by developers alleges Apple is abusing its monopoly position in its online marketplace to extract excessive fees from those creating iPhone applications. The lawsuit, which was filed in federal court ...

Facebook, OWWA expand digital literacy program for OFWs
Philippine Daily Inquirer - 2019-06-05
MANILA, Philippines -- Social media giant Facebook has partnered again with the Overseas Workers Welfare Administration (OWWA) to expand its digital literacy program to reach more Filipino ...

Housing for poor may take a hit from realty value tweaks
BusinessMirror - 2019-06-05
Only 60 percent of the regional district offices of the Bureau of Internal Revenue (BIR) have updated zonal values. Tan said that under this outdated system, overvaluation usually happens when the ...

SMC: PSALM resorts to bullying to mask shortcomings
Philippine Daily Inquirer - 2019-06-04
San Miguel Corp. (SMC) said Power Sector Assets and Liabilities Management Corp. (PSALM) was "bullying" the conglomerate as the state firm continued to pressure SMC to settle an alleged debt ...

Citing fraud, BI cancels 528 work visas issued to foreigners
Philippine Daily Inquirer - 2019-06-04
MANILA, Philippines -- The Bureau of Immigration (BI) has conducted one of the biggest mass cancellations of working visas for fraud involving 528 foreign nationals. In a statement on Tuesday ...

Bangalore Law varsity to survey intellectual property in Jharkhand
The Pioneer - 2019-06-04
The State Cabinet on Tuesday approved a research survey for guidance in establishing intellectual property rights and geographical indication of Jharkhand for the same. The Cabinet decided to outsource this work to the National Law School of India in ...

Immigration cancels 528 alien work visas for fraud
BusinessMirror - 2019-06-04
IN what could be one of the largest mass cancellations of working visas for fraud, the Bureau of Immigration (BI) has canceled the visa of 528 foreign nationals following an intensified monitoring ...

Committee chairmanships in new Senate start to materialize
Philippine Daily Inquirer - 2019-06-04
MANILA, Philippines -- Over a month before the 18th Congress starts on July 22, Senate committee chairmanships have already started to take shape. Senate Majority Leader Juan Miguel Zubiri said ...

Finance department expects e-invoicing system for taxpayers completed by December 2022
BusinessMirror - 2019-06-04
File photo shows taxpayers filing their income tax returns on last day of filing, to avoid the panlties and and tax evation charges at the Bureau of Internal Revenue District Office in Makati.

Villanueva challenges next Congress amid influx of foreign workers in PH
Philippine Daily Inquirer - 2019-06-04
MANILA, Philippines -- On the last Senate session of the 17th Congress, Senator Joel Villanueva on Tuesday challenged the next Congress to continue fighting the prevalence of foreign workers in ...

ACCRALAW co-founder Teodoro D. Regala, 85
BusinessWorld - 2019-06-04
"He leaves behind a legacy of excellence in Philippine corporate law practice," the statement also said. "His most recent accolades include recognition by Chambers Asia-Pacific and Chambers & Partners as one of the Senior Statesmen for Corporate ...

Second tranche of tax reform fails to pass Congress
CNN Philippines - 2019-06-04
Metro Manila (CNN Philippines, June 3) -- The second tranche of the administration's tax reform program lowering corporate income tax (CIT) rates to attract more investors, among others, has ...

CA affirms ruling vs. Junjun Binay, bans him from public service
CNN Philippines - 2019-06-04
Metro Manila (CNN Philippines, June 4) -- After a failed election bid, former Makati City Mayor Junjun Binay suffered another defeat as the Court of Appeals disqualified him from holding public ...

Immigration voids 528 work visas obtained with fake permits
philstar.com - 2019-06-04
MANILA, Philippines -- The Bureau of Immigration has canceled 528 work visas that were obtained with fake documents after "intensified" monitoring by its intelligence division. Immigration Commissioner Jaime Morente said the bureau conducted two separate ...

'Purged' North Korean diplomat Kim Yong Chol appears in state media
CNN Philippines - 2019-06-04
(CNN) -- High-ranking North Korean diplomat Kim Yong Chol was identified attending an art performance alongside leader Kim Jong Un in the country's state media on Sunday two days after one of ...

LGUs lose P30-B revenues from outdated property valuation -- DOF
philstar.com - 2019-06-03
MANILA, Philippines -- Local government units (LGUs) may have incurred an estimated P30.5 billion in foregone revenues due to their outdated valuation system for real properties, according to the Department of Finance. Citing a report from Bureau of Local ...

Revisiting the Arroyo energy policy
BusinessMirror - 2019-06-03
We all know, of course, that no less than the Supreme Court has ruled with finality that Meralco has been illegally passing on its own income taxes to its hapless customers. Yet, Meralco says it ...

ITR compliance for expatriates
BusinessWorld - 2019-06-03
You also encounter them in economic zones in Laguna, Cavite, Cebu, and Batangas and even in the central business districts of Makati, Oritigas, Bonifacio Global City, and Cebu. A significant number of these foreigners are here not for vacation, but as ...

Teachers press Duterte on pay hike
Philippine Daily Inquirer - 2019-06-03
But advocates insist there is sufficient funding. The Bureau of Internal Revenue can intensify its collection of taxes, a large share of which is estimated to be lost to corruption or ...

PAL, PALEA ink 5-year collective bargaining agreement
Philippine Daily Inquirer - 2019-06-03
"The timely conclusion of the CBA negotiations reflected a spirit of mutual collaboration and trust-building between management and labor that focused on finding ways to enhance the welfare of ...

Overhaul of property tax scheme to boost real estate market, says Dominguez
Philippine Daily Inquirer - 2019-06-03
MANILA, Philippines -- Provinces and cities are losing an estimated P30.5 billion in revenues annually as a result of outdated real property values, underscoring the need for valuation reforms in ...

Bureau of Internal Revenue, UnionBank launch online payment channel
philstar.com - 2019-06-03
MANILA, Philippines -- The Bureau of Internal Revenue (BIR), in partnership with the Union Bank of the Philippines (UBP), has opened an alternative channel which will allow taxpayers to settle their taxes online. In a statement, BIR said it has launched ...

Court of Appeals affirms P24.7 million copyright case vs Chinese firm
philstar.com - 2019-06-03
MANILA, Philippines -- The Court of Appeals (CA) has upheld the civil liability of a Chinese company and its local partners for copyright infringement on textbooks of a local publishing firm. In an 11-page decision promulgated last April 11 but released ...

Agusan del Sur governor suspended over fertilizer anomaly
philstar.com - 2019-06-03
MANILA, Philippines -- The Sandiganbayan has suspended the governor of Agusan del Sur in connection with his alleged involvement in the fertilizer scam. In a resolution promulgated on May 3, the anti-graft court suspended for 90 days Gov. Adolph Edward ...

Your employees must work for you, not against you
Philippine Daily Inquirer - 2019-06-03
We asked our resource person, Alvin Alburo, who specializes in business law and labor law, for some practical advice on how to handle employee matters effectively. In order to make sure that the ...

How big is the LGU slice from the national pie?
Philippine Daily Inquirer - 2019-06-03
In short, how much internal revenue allocation (IRA) should LGUs receive? Corollary to this question of Mandanas is a demand for the payment of additional unpaid IRA of around P500 billion for the ...

Gains from tax perks outweigh forgone revenue, Tieza insists
BusinessMirror - 2019-06-02
THE economy stands to gain a lot more in terms of investments and income earned by laborers and businesses in tourism enterprise zones, despite the billions of pesos in forgone tax revenues ...

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