HSBC agrees to pay $192M to resolve decade-long probe
BusinessWorld - 2019-12-11
The amount of undeclared assets rose to $1.26 billion in 2007, before dropping by half three years later. HSBC Switzerland offered a variety of traditional Swiss banking services that helped clients cheat the IRS, including advising clients to withdraw less than $10,000 to avoid reporting requirements, and providing credit, debit and travel ...

PNP, BI coordinating with Chinese counterparts to identify Chinese criminals in PH
Philippine Daily Inquirer - 2019-12-11
MANILA, Philippines -- The Philippine National Police (PNP) and the Bureau of Immigration (BI) are closely coordinating with their Chinese counterparts to identify the Chinese nationals allegedly involved in criminal activities, including kidnapping, so they can be deported. DOJ Undersecretary Markk Perete, who has supervision over the BI ...

Bill Cosby sex assault verdict upheld; spokesperson lashes out
Philippine Daily Inquirer - 2019-12-11
The appeals court rejected those arguments and also upheld his classification as a sexually violent predator subject to lifetime supervision. Cosby, 82, can now ask the state Supreme Court to consider his appeal. He recently said he is prepared to serve the full 10-year sentence rather than express remorse to the parole board. The long-married ...

Economic team crosses fingers for 6-6.5 percent GDP growth in 2019
Philippine Daily Inquirer - 2019-12-11
Predictions estimate Philippine economy to grow between 6 and 6.5 percent this year largely because of easing inflation though tugged in part by slow growth in external trade. In a report on ...

Jeremy Corbyn will nationalize UK utilities in 100 days. 'Simply huge' changes loom if Labour wins the election
CNN Philippines - 2019-12-11
Even so, IFS economists said they doubt that Labour can bring in as much tax revenue as promised over the long term, especially if the party's policies harm business confidence. They also warn that certain tax and spending pledges were not covered in Labour's funding plan. Corbyn is trailing Johnson in the polls, but the memory of the 2017 ...

Kim Kardashian Says 'Orgasm Doctor' Infringed Her Image
Law360 - 2019-12-11
Law360 (December 10, 2019, 7:38 PM EST) -- Reality television star Kim Kardashian West on Monday accused an Alabama doctor -- who allegedly calls himself "the orgasm doctor" -- of illegally using her name and likeness to sell his "Vampire Facial" cosmetic procedure, according to a copyright infringement suit lodged in California federal ...

2019 Migration Advocacy and Media (MAM) Awards complete list of winners
Philippine Information Agency - 2019-12-11
RADIO JOURNALISM AWARD-BEST REGULAR RADIO ... with Ms. Carmelita Nuqui of the Philippine Migrants Rights Watch (PMRW), Dr. Celia Reyes of the Philippine Institute for Development Studies (PIDS), Dr. Edna Co of CIFAL Philippines, Prof.

House panel backs plastic tax bill for plenary okay
BusinessMirror - 2019-12-10
THE House Committee on Ways and Means on Tuesday endorsed for plenary approval the measure imposing an excise tax on single-use plastic, which could generate additional revenues of P4.8 billion for the government. Albay Rep. Joey Sarte Salceda, the panel chairman, said the substitute bill will impose a levy of P20 per kilo on single-use plastic ...

SC allows live coverage of Maguindanao massacre case promulgation on Thursday
BusinessMirror - 2019-12-10
The faƧade of the Supreme Court Building on Padre Faura Street, Ermita, Manila. THE Supreme Court ruled on Tuesday to allow live media coverage of the promulgation of the decisions of the ...

No, I will not be your scapegoat
BusinessMirror - 2019-12-10
A person who represents himself as a spokesman of the industry recently issued a press release, and I quote: "The joint committees rail-roaded like a bullet train the deletion of 39 provisions, like an oversight committee for the OWWA [Overseas Workers Welfare Administration] Fund, blacklisting of foreign employers, safeguards for the OWWA ...

Charter change gets support of citizens and 256 local officials
BusinessWorld - 2019-12-10
"The window of opportunity is getting smaller because of the dynamics of the 2022 elections," he said at the same briefing. The task force earlier asked Congress to institutionalize a Supreme Court ruling that the just share of local government units must come from all national taxes and not just from national internal revenue taxe

Alleged Chinese drug lord nabbed at NAIA
CNN Philippines - 2019-12-10
Metro Manila (CNN Philippines, December 10) -- Authorities prevented a member of a big-time Chinese drug syndicate from leaving the country Sunday. A report from the Bureau of Immigration (BI ...

Senators urge PNP to scrutinize alleged Makati abduction case
Philippine Daily Inquirer - 2019-12-10
MANILA, Philippines -- Senators Joel Villanueva and Ronald "Bato" Dela Rosa called on the Philippine National Police (PNP) to take a closer look at the alleged Makati kidnapping incident ...

Payment of bills, real property taxes, now made easier for ManileƱos
Philippine Daily Inquirer - 2019-12-10
The City Government of Manila recently sealed an agreement with CIS Bayad Center, Inc. and MultiSys Technologies Corporation to be able to provide utmost convenience to ManileƱos for payment of ...

Pagcor, BIR not yet closing illegal POGOs despite Duterte's ultimatum
CNN Philippines - 2019-12-10
Metro Manila (CNN Philippines, December 10) - The state-run Philippine Amusement and Gaming Corp. and the Bureau of Internal Revenue have not yet ordered the closure of some Philippine offshore gaming operators or POGOs that have failed to pay their corresponding tax obligations. This is despite President Rodrigo Duterte's warning last ...

Hontiveros: China 'in charge of the nuts and bolts' of PH power grid
CNN Philippines - 2019-12-10
State Grid Corporation of China holds 40 percent stake in NGCP ... the government is losing money while NGCP is raking in profits due to tax exemptions. The solon also called for a cybersecurity audit of NGCP operations following the statement of Energy Secretary Alfonso Cusi that China can potentially shut down the country's power transmission ...

Provisions of water concession agreements raise a lot of issues
Philippine Daily Inquirer - 2019-12-09
This interpretation allows them to pass on to consumers their business expenses, including corporate income taxes. Unfortunately, the "legal interpretation" is still pending today in the Supreme Court.Second, the "mere agents" explanation allows these companies to increase their return on investment to more than 12 percent (an ...

Insurer Says Rapper Fat Joe's Copyright Suit Isn't Covered
Law360 - 2019-12-09
Law360 (December 9, 2019, 3:11 PM EST) -- Homeland Insurance Co. of New York has told a New York federal court it doesn't have to cover the rapper Fat Joe in a copyright infringement lawsuit related to the 2016 double-platinum single "All the Way Up," as the suit doesn't fall under their agreement. The policy owned by Joseph Cartagena -- Fat ...

BI to launch Naia e-gates, this time for departures
BusinessMirror - 2019-12-09
Manila, the Philippines - March 28, 2019: A321 airliner from Philippine Airlines at Ninoy Aquino International Airport, Terminal 2, in Manila. THE Bureau of Immigration (BI) will inaugurate electronic gates (e-gates) -- for departing passengers this time -- at the Ninoy Aquino International Airport (Naia) before Christmas to hasten the ...

SC launches judiciary help desk - 2019-12-09
MANILA, Philippines -- The Supreme Court (SC) launched yesterday its Judiciary Public Assistance Section (JPAS) to address complaints about questionable conduct of judges and delayed court proceedings. A pet project of Chief Justice Diosdado Peralta, the JPAS is composed of three units: the help desk, hotline and e-mail messaging. The JPAS ...

CHMSC to hold career, job fiesta
Sun Star - 2019-12-09
THE Carlos Hilado Memorial State College (CHMSC) is conducting the Career and Job Fiesta at CHMSC Talisay Campus Gym on December 1, from 8:00 a.m. to 3:30 p.m. The activity is in collaboration with the Department of Labor and Employment (Dole) in Western Visayas, Public Employment Service Office (PESO) - Talisay, Talisay City Government ...

Is it the start of something new? - 2019-12-09
The year is almost over and it will be another year since the passing of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Throughout this year, the government has been deliberating on other tax reforms; i.e., Corporate Income Tax and Incentives Rationalization Act (CITIRA) and Passive Income and Financial Intermediary Taxation Act ...

Duterte unwilling to compromise over "onerous" water deals
CNN Philippines - 2019-12-09
Metro Manila (CNN Philippines, December 9) -- President Rodrigo Duterte is determined to get to the bottom of the issues concerning water concessionaires and will meet with their officials to ...

Senate approves bill granting night differential pay to government employees
CNN Philippines - 2019-12-09
Metro Manila (CNN Philippines, December 9) -- The Senate passed on its third and final reading a bill that would grant night differential pay for government employees. Senate Bill No. 643, or An Act Granting Night Shift Differential Pay to Government Employees Including Those in Government-Owned or Controlled Corporations (GOCCs) and ...

BI to launch e-gates at Naia before Christmas for departing OFWs
Philippine Daily Inquirer - 2019-12-09
MANILA, Philippines -- The Bureau of Immigration (BI) on Monday announced that they will launch electronic gates (e-gates) for overseas Filipino workers (OFW) at the departure area of the Ninoy Aquino International Airport (Naia) before Christmas. Immigration Commissioner Jaime Morente said pilot testing of the e-gates will initially be at the ...

Palace hits granting of political asylum to Filipino couple
Philippine Daily Inquirer - 2019-12-09
Presidential spokesperson Salvador Panelo said the decision of San Francisco Immigration Judge Ila Deiss was "misplaced," for granting asylum to Philippine-born couple Rene and Joy Flores for fear of persecution from the government if they are sent back to the country. The Flores couple went to the United States in 2000 to visit relatives ...

Ombudsman Martires insists on prioritizing corruption prevention
Philippine Daily Inquirer - 2019-12-09
It is better to prevent than to prosecute or investigate," he said. Martires, who is also a former Supreme Court associate justice, added: "If we continue, if we will be successful in our program preventing corruption, we will be able to abolish one court in the Philippines and this is Sandiganbayan." As the body tasked to investigate ...

Asian shares rise after buying mood on Wall Street ends week
Philippine Daily Inquirer - 2019-12-09
The Labor Department said employers added 266,000 positions, well above estimates of 184,000. The report also showed unemployment falling to a 50-year low. Separately, an index that measures how ...

Love for life, creation and the courage to defend it binds the 10 SUN awardees
BusinessMirror - 2019-12-09
The 76-year-old widow of journalist Jose Burgos Jr., whose trailblazing Mosquito Press publications during the Marcos dictatorship led the International Press Institute (IPI) to honor him in year 2000 ... The feisty leader, dubbed by some as the "Gabriela Silang of Mindanao," has never buckled down in her fight against illegal loggers ...

Reunion for a cause
BusinessMirror - 2019-12-09
That day, the UP Virata School of Business (UP VSB, or formerly the UP College of Business Administration) community gathered to not only bond with their batchmates, but also to rekindle ties and ...

Reunion for a cause
BusinessMirror - 2019-12-09
Joel L. Tan-Torres is the Dean of the University of the Philippines Virata School of Business. He was the former Commissioner of the Bureau of Internal Revenue from 2009 to 2010, the chairman of the Professional Regulatory Board of Accountancy from 2014 to August 2018 and a partner of Reyes Tacandong & Co., CPA, from 2011 to October 2019.

Pope appoints Cardinal Tagle to global Vatican post
InterAksyon - 2019-12-09
Tagle, a progressive who sees eye-to-eye with Francis on social issues from poverty to immigration, has already had decades of pastoral experience as a priest, as bishop of the Philippine city of Imus and later as archbishop of Manila.

Palace: Talks in PH should not be an issue to Joma
Philippine Daily Inquirer - 2019-12-08
Last week, Duterte directed Labor Secretary Silvestre Bello III, head of the government peace panel, to reach out to CPP founder Jose Ma. Sison, who is in self-exile in The Netherlands ...

Dole to limit sending skilled workers abroad
Philippine Daily Inquirer - 2019-12-08
MANILA, Philippines -- To prevent a local shortage of workers, the Department of Labor and Employment (Dole) is set to impose limits on sending workers abroad in more skilled labor categories.

34 top show biz scandals from 1985-2019
Philippine Daily Inquirer - 2019-12-08
357 caliber revolver, an M-16 baby Armalite rifle, a .380 caliber pistol, and six other .38 caliber revolvers. On March 12, 1997, the Supreme Court upheld an appellate court ruling finding Padilla guilty of illegal gun possession. However, his jail term was reduced to 10 to 18 years from 17 to 21 years. A month later, then President Fidel V.

CTA denies Duty Free appeal of tax refund ruling
BusinessWorld - 2019-12-08
The PSALM ruling found that under Presidential Decree No. 242, all disputes and claims solely between government agencies and offices must be settled by the Secretary of Justice, the Solicitor General or the Government Corporate Counsel depending on the issues and agencies involved. The CTA said that the interpretation of the provisions of PD ...

Peralta, Bernabe head FLP boards of judges
BusinessMirror - 2019-12-08
The members of the FLP Board of Trustees are CJ Panganiban (Chairman), former Education Secretary Edilberto de Jesus, retired Supreme Court Justice Angelina Sandoval-Gutierrez, former BSP Governor Amando Tetangco Jr., Evelyn Dumdum, Joel Emerson Gregorio, Prof. Elenita Panganiban and Maria Elena PS. Yaptangco.

Solon asks ERC to penalize PECO for lapses in distribution system
Philippine Daily Inquirer - 2019-12-08
MANILA, Philippines -- A lawmaker has appealed to the Energy Regulatory Commission to impose penalties on Panay Electric Company (PECO) for its operational lapses on distribution assets which ...

NPA declares 1-week ceasefire in typhoon-hit Bicol region
CNN Philippines - 2019-12-08
Metro Manila (CNN Philippines, December 6) -- Communist rebels in the Bicol region have declared a week-long unilateral ceasefire to give way for the delivery of aid to typhoon-ravaged areas.

MWSS to water firms: Defer New Year rate hikes
Philippine Daily Inquirer - 2019-12-07
"The concessionaires have challenged this in court, and it is still pending at the Supreme Court." Foreign Secretary Teodoro Locsin Jr., one of the most outspoken Cabinet members, backed the ...

Let the cameras in
Philippine Daily Inquirer - 2019-12-07
There is much merit in the petition filed by media entities from across all platforms and regions -- including this paper -- for the Supreme Court to allow a live broadcast and all-media livestream of the long-awaited promulgation of the verdicts on the ...

Dismissals, convictions and acquittals
Philippine Daily Inquirer - 2019-12-07
And why was former senator Juan Ponce Enrile (JPE), who was facing a capital offense, granted bail by the Supreme Court?" Moreover, "What do these rulings make of former ombudsman Conchita Carpio Morales who filed and initially prosecuted (through her ...

Pope: Set up, be enchanted by Nativity scene
BusinessMirror - 2019-12-07
Nativity scenes have triggered legal battles in the US when erected on public property over the question of the separation of church and state. Controversies have made their way to the US Supreme Court. In one recent case, a small city in the US state of Delaware ordered a Catholic church to remove a Nativity scene displayed on city property.

Guardians of real estate
Philippine Daily Inquirer - 2019-12-06
After aligning with the agenda, SHDA was recognized for its central role in the first housing boom in the country between 1987 ... Housing Industry Plan 2012-2030 in cooperation with the Center for Research and Communication of the University of Asia and the Pacific. In the plan, SHDA said the housing backlog can peak at 12.5 million units ...

34 substantive and procedural laws on condominium units
Philippine Daily Inquirer - 2019-12-06
Demand for residential property, particularly condominium units, has steadily increased in the Philippines. According to real estate research company Global Property Guide (GCG), the take-up of pre-sold condominium units in Metro Manila has reached 54,000 units last year, or more than the previous record-high of 52,600 units in 2017. Starting ...

Agriculture chief endorses passage of CITIRA - 2019-12-06
He said the Department of Agriculture would launch early next year a national agripreneur program catering exclusively to graduates of agriculture, fisheries, forestry and agribusiness college courses. Groups from various industries are opposing the CITIRA bill as they will be compelled to pack up operations here and relocate to another ...

70% of Pinoys worried over rise of Chinese workers -- SWS - 2019-12-06
MANILA, Philippines -- Seven in 10 Filipinos expressed concern over the increase of Chinese workers in the country, with some even believing it may be a threat to national security, a survey by the Social Weather Stations (SWS) revealed. The poll, taken last September and released on Thursday, found 70 percent of Filipinos were "worried ...

Nun tagged in Esperon perjury complaint posts bail
CNN Philippines - 2019-12-06
Metro Manila (CNN Philippines, December 6)-- An 80-year-old nun has posted bail on Friday after she was tagged in a perjury case filed by National Security Adviser Hermogenes Esperon Jr. Sr.

Asian shares advance after meager gains on Wall Street
Philippine Daily Inquirer - 2019-12-06
BANGKOK -- Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U ...

SC reverses dismissal of Lito Lapid graft charge
Philippine Daily Inquirer - 2019-12-05
The Supreme Court has reversed a decision by the Sandiganbayan dismissing the graft charges against Sen. Lito Lapid, in connection with the P728-million fertilizer fund scam of 2004. In a two-page order released on Thursday, the high court also ordered the Sandiganbayan to resume hearing the case. "The resolutions insofar as it dismissed the ...

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