The presidential election is a year from now. Here's what that means for stocks
CNN Philippines - 2019-11-06
(CNN) - The next US presidential election is a year away. Although we don't know which Democrat will face President Trump next year, it's not too soon to start thinking about what the election will mean for investors. History suggests that the market will be bumpy in the first half of 2020 but ultimately settle down once it's clear who the ...

Updates on the creation of a department for overseas Filipinos
BusinessMirror - 2019-11-05
There is an impression among the congressmen present that the JSL provision enshrined in the rules and regulations of the Philippine Overseas Employment Administration (POEA) and in existing laws revolve solely around money claims. To my mind, it goes beyond that. It is the proverbial sword in the scabbard that the State in behalf of aggrieved ...

Big business pools resources for Mindanao - 2019-11-05
In addition, PDRF deployed a team to Cotabato to coordinate relief work. PDRF is a business network launched in 2009 as a response to the devastation caused by Typhoon Ondoy. It is envisioned to act as a self-sufficient operations hub that would ensure ...

Bacolod department heads defend proposed budget
Sun Star - 2019-11-05
She said the budget proposal of City Health Office (CHO) also increased by 15 percent from P143 million this year to P169 million; Bacolod City College from P51 million this year to P59 million ... "There were increases on their budget proposals to purchase more equipment, medicine, and the salary of personnel among others," she added.

Salt is not 'a sin,' groups opposed to tax to curb consumption of salty food stress - 2019-11-05
On the other hand, most tobacco products yield an excise tax of P1.75 on each kilogram of tobacco products. Erring manufacturers or importers are handed penalties in the form of summary cancellations or withdrawals of their business permits. As of January 2017, cigarettes packed by machine were taxed P30 per pack. The taxation rates have ...

Robinsons Retail profit slips in Q3 despite bigger sales
CNN Philippines - 2019-11-05
Metro Manila (CNN Philippines, November 5)-- Robinsons Retail Holdings, Inc. saw profits slip in the third quarter, even as it posted a double-digit increase in net sales. In a disclosure, the Gokongwei-led firm said it booked a ?1.25-billion net income, about a tenth lower than the ?1.39 billion it made a year during July-September 2018.

The economic employer rule
BusinessMirror - 2019-11-05
And will the assignment result in doing business or the creation of a permanent establishment for the foreign employer/assignor in the host country? The proper determination of the characteristics of the assignment will usually give the answers to these questions. We will discuss more on the tax implications in a subsequent article in this column.

Migrant workers in Taiwan demand abolishment of broker system
Philippine Daily Inquirer - 2019-11-05
TAIPEI -- Migrant workers from Indonesia, Vietnam and the Philippines staged separate protests in Taipei on Sunday to demand the abolishment of all placement agencies and the enforcement of a ...

Public warned vs jobs posted on fake POEA pages
Philippine Daily Inquirer - 2019-11-05
MANILA, Philippines -- The Philippine Overseas Employment Administration (POEA) on Tuesday warned job seekers against jobs posted on fake social media pages using the name of the government agency. POEA Administrator Bernard P. Olalia said the fake Facebook pages use the name and logo of POEA to advertise employment vacancies in countries like ...

Almost 300 Chinese illegal workers deported
Philippine Daily Inquirer - 2019-11-05
Before they were deported, the illegal Chinese nationals were temporarily detained in an inn in Puerto Princesa, which was secured by the BI and Armed Forces of the Philippines Western Command. /jpv

Cops raid Manila office of Bayan; nab 3 activists for guns, explosive
Philippine Daily Inquirer - 2019-11-05
MANILA, Philippines -- Police raided on Tuesday the office of Bagong Alyansang Makabayan (Bayan) in Manila and arrested three activists for alleged possession of guns and an explosive, according to rights group Karapatan. Brig. Gen. Debold Sinas, acting director of the National Capital Region Police Office (NCRPO), identified the three ...

DOLE condemns killing of its Manila officer
CNN Philippines - 2019-11-05
Metro Manila (CNN Philippines, November 5) -- The Department of Labor and Employment (DOLE) mourned the death of its Manila field officer who was reportedly gunned down by unidentified suspects on board a motorcycle. Labor Secretary Silvestre Bello III condemned the brutal killing of Ellen Dacanay on Monday. She was reportedly driving in ...

Higher cigarette prices fail to stop Filipinos from smoking
Philippine Daily Inquirer - 2019-11-04
A P5 increase will be implemented annually till it reaches P60 in 2023. Thereafter, a 5-percent annual increase will be imposed. But apart from taxation, the UN task force noted that more measures should be considered given that on average, cigarette smokers consume 11 cigarettes a day. Such strategies include increasing the minimum age for ...

SMEs and intellectual property rights: Long-awaited pairing to improve legal values, boost employment
The Financial Express - 2019-11-04
With its 11 modules ranging from basic to advanced levels and varied multimedia offerings and a mobile app, the platform is poised to transform IPR understanding for MSMEs. It will not only improve the legal and ethical values of the India MSME space but also strengthen the employment and national output figures of the MSME sector in the long run.

Asian markets follow Wall Street rise on US jobs data
Philippine Daily Inquirer - 2019-11-04
BEIJING -- Asian stock markets followed Wall Street higher Monday after unexpectedly strong U.S. jobs data helped to soothe worries American factory activity was weaker than forecast. Benchmarks in Shanghai, Hong Kong, South Korea and Southeast Asia advanced. Japanese markets were closed for a holiday. The Labor Department said American ...

Divining the future of tourism work
Philippine Daily Inquirer - 2019-11-03
Tourism is one of the most labor-intensive industries, accounting for one in every 11 jobs in the Philippines. It accounts for more than 12 percent of gross domestic product, but more importantly, it is also one of the most inclusive. It provides jobs not only to the well-educated executives of hotels and resorts for instance, but also ...

Former Supreme Court justice brings integrity, wealth of experience to Cocolife - 2019-11-03
As an associate justice of the Court of Appeals, he received recognition for having achieved zero backlog in his docket, with 95 percent of his decisions affirmed by the Supreme Court, a feat very few have achieved. After his retirement from the Judiciary, he was chosen to be a member of the Consultative Committee to Review the 1987 Constitution

Inchoate displays of anger
BusinessWorld - 2019-11-03
Amelia H. C. Ylagan is a Doctor of Business Administration from the University of the Philippines. The Italian SuperEnalotto lottery is currently offering a EUR205.4 million jackpot prize, which is the biggest jackpot anywhere in the world at the moment...

NUPL asks Supreme Court to review rule on search warrants
CNN Philippines - 2019-11-03
Metro Manila (CNN Philippines, November 3) -- The National Union of People's Lawyers (NUPL) is asking the Supreme Court to review its rules on the issuance of search warrants in light of recent arrests made in Manila as well as Bacolod City. In a statement released Sunday, NUPL questioned the the arrests of dozens of activists during what it ...

First Sunday of Bar exams peaceful
Journal - 2019-11-03
THE first of the four Sundays of Bar examinations administered by the Supreme Court yesterday at the University of Santo Tomas (UST) in Manila went off smoothly. Some 600 MPD police officers were deployed to secure the over 8,000 aspiring lawyers and deter any untoward incident that may happen around the vicinity of the university.

The pirate Blackbeard is laughing in his grave over a SCOTUS copyright case
Quartz - 2019-11-02
The 4th Circuit Court of Appeals agreed. The production company argues that the 1990 Copyright Remedy Clarification Act clearly repeals state immunity from infringement suits. And it has a point. On its face, the act is straightforward, stating: Amends federal copyright law to provide that any State, State instrumentality, or officer or ...

Usec Ilagan hits back at singer Leah Navarro
MindaNews - 2019-11-02
Ilagan said then Mayor Duterte was among the first to provide help, including water and food ... from Davao were sent by citizens "who had gone out of their way to wish the relief workers a safe trip" to send aid to the victims of calamities there. "Now, Mindanao is reeling from incomprehensible devastation. Must we search for reasons ...

Catch-up plan spurs N.G. spending to grow 39% to P415B in September
BusinessMirror - 2019-11-01
and constructed the new Supreme Court building for the Judiciary. "[This indicated] the government has broken through the effects of the delayed passage of the FY 2019 national budget and the ...

Judge Criticizes Porn Company's Frequently Filed Copyright Suits
Law - 2019-10-31
Joel Schneider is a federal magistrate judge for the U.S. District Court for the District of New Jersey. Litigation tactics employed by a frequent filer of copyright infringement suits faced heavy criticism in a new ruling by a federal judge in New Jersey. Prejudice to defendants and the administration of justice outweigh the interest of ...

Prolonged US-China trade war to hurt shipbuilding, seafarer hiring - 2019-10-31
For the program, NSA has built a training center in Manila and partnered with select maritime institutions including thePhilippine Merchant Marine Academy; John B. Lacson Colleges Foundation-Bacolod; and University of Cebu-Lapu Lapu and Mandaue. Solberg was in the country to meet with Filipino stakeholders, as well as discuss current trends in ...

Solon wants to slap more taxes on Pogos
BusinessMirror - 2019-10-31
"Questions have emerged on whether Pogos do business in the Philippines, with implications on their tax status. As the services are rendered in the Philippines, this bill seeks to definitively answer that Pogos indeed do business in the country," Salceda added. Salceda, an economist, said his bill also intends to clarify the taxability of ...

Bill sets 15% tax on foreign POGO workers
CNN Philippines - 2019-10-30
Metro Manila (CNN Philippines, October 30) -- Foreigners working for Philippine offshore gaming operators (POGOs) must pay taxes worth 15 percent of their earnings here, according to a proposed law filed in Congress. Albay Representative Joey Salceda filed a bill that outlines the tax duties of POGO firms and their foreign workers. Under the ...

Immigration official says US-Mexico border crisis not over
Philippine Daily Inquirer - 2019-10-30
WASHINGTON (AP) -- A top U.S. Border Patrol official has a warning: The crisis at the U.S.-Mexico border is not over. Even though crossings have been down over the past few months and news of ...

House bill codifying, clarifying taxes on POGOs filed
Philippine Daily Inquirer - 2019-10-30
MANILA, Philippines -- A bill codifying and clarifying the taxes imposed on Philippine Offshore Gaming Operations (POGOs) was filed at the House of Representatives on Wednesday. In filing House Bill No. 5267, Albay 2nd District Rep. Joey Salceda noted that although the Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular No ...

OWWA holds reintegration info caravan, membership campaign
Philippine Information Agency - 2019-10-30
CALASIAO, Pangasinan, Oct. 30 (PIA) - The Overseas Workers Welfare Administration (OWWA) in Ilocos Region conducted on Tuesday, Oct. 29 its 2019 Membership Campaign and Overseas Filipino Workers (OFW) Reintegration Information Caravan at the Robinsons ...

House sets year-end legislative priority agenda; bills on proposed departmens of water, OFW, disaster top list
BusinessMirror - 2019-10-29
said the proposed DFO will absorb the functions of Philippine Overseas Employment Administration and Overseas Workers Welfare Administration (OWWA), with the POEA as the lead agency. President ...

Impeachment is a numbers game
BusinessMirror - 2019-10-29
They stressed that no man is above the law and that those who committed crimes against the people should be held accountable. Earlier, the NUPL filed a plea with the Court of Appeals for a temporary protection order from alleged harassment from state agents. Joined by lawyers from overseas, the NUPL released a statement: "We, lawyers and ...

Duterte urged to appoint Muslim magistrate to SC
Philippine Daily Inquirer - 2019-10-28
Deputy Speaker Mujiv Hataman, along with six of his Muslim colleagues at the House of Representatives, issued a statement on Monday to rally behind the bid of Marawi City-born Court of Appeals Associate Justice Japar Dimaampao to replace Justice Mariano del Castillo, who retired in July. "It is high time that another Muslim join the high ...

SC to probe dubious court decisions
Philippine Daily Inquirer - 2019-10-28
Court of Appeals Associate Justice Fernanda Lampas-Peralta. On top of his agenda is the elimination of case backlogs in the courts including the Supreme Court, which hears appeals on cases already ...

DOLE-led panel on service-fee IRR split on text
BusinessMirror - 2019-10-28
Benavidez explained that these companies are free to do so, but they will still be forced to give their qualified workers with compensation for the removed service charge based on the principle of "non-diminution of benefits" of the Labor Code. "If the employer or establishment will discontinue the collection of service charge ...

PhilHealth vows easier, faster payment of premiums for OFWs
BusinessMirror - 2019-10-28
During a recent media forum, PhilHealth President and CEO Ricardo C. Morales disclosed that they are now working on the administrative order with the Philippine Overseas Employment Administration (POEA) and the Overseas Workers Welfare Administration. "We will find a way to protect your [OFW] families [and], at the same time, not to ...

Lucas Bersamin leaves an indelible mark of subservience to the powers that be
BusinessWorld - 2019-10-28
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. The Italian SuperEnalotto lottery is currently offering a EUR205.4 million jackpot prize, which is the biggest jackpot anywhere in the world at the moment...

DTI to hold Cebu roadshow for Young Entrepreneurs Program
Philippine Daily Inquirer - 2019-10-28
The roadshow will feature a discussion on business registration and taxation as well as government services that can help young entrepreneurs start and grow their business. / dcb

Gordon says PH not producing nurses just to send them abroad; backs P30k minimum pay for nurses
Philippine Daily Inquirer - 2019-10-28
MANILA, Philippines -- "We are not producing nurses just to send them abroad. We want them to stay and take care of our people." Senator Richard Gordon said this on Monday as he called on the government to immediately act on a recent Supreme Court decision that the minimum base pay of entry-level nurses should not be lower than Salary ...

Moro reps urge Duterte to appoint Dimaampao as Supreme Court Associate Justice
MindaNews - 2019-10-28
Want create site? With Free visual composer you can do it easy. DAVAO CITY (MindaNews / 28 October) - Majority of the Moro representatives in Congress are urging President Rodrigo Duterte to appoint in the Supreme Court Japar Dimaampao, a Moro who rose from the ranks as government prosecutor to regional trial court judge and in the last 15 ...

Hoodlums in robes
BusinessMirror - 2019-10-27
a multi-organization group composed of such business organizations as Management Association of the Philippines, Institute of Corporate Directors, Financial Executives of the Philippines, Makati Business Club Foreign Chambers, law schools and other advocacy NGOs. The JRI "aims to be the voice of the private sector in seeking an effective and ...

Task force formed to study gross-based taxation - 2019-10-27
MANILA, Philippines -- The Department of Finance (DOF) has asked MalacaƱang to create a task force, which will conduct a study on the proposal to impose corporate taxes based on their gross earnings, according to top officials. In an interview, Finance Secretary Carlos Dominguez said the government would prioritize the study on the ...

Lawmaker: Critics misunderstand 2-year probationary period extension bill
CNN Philippines - 2019-10-25
Metro Manila (CNN Philippines, October 25) -- Probinsyano Ako party-list representative Bonito Singson continues to promote his bill that proposes to extend the probationary period of workers to two years, calling its critics "misinformed." "There's been a lot of misunderstanding simply because probably [they are] misinformed," Singson said in ...

President Duterte swears in SC Chief Justice Diosdado Peralta
Philippine Information Agency - 2019-10-25
Chief Justice Peralta is married to Court of Appeals Associate Justice Fernanda C. Lampas-Peralta, a certified public accountant-lawyer. The couple has four children: Dorothy, John Christopher, Timothy John, and John Isaac. (PND)

In Western Visayas, labor groups say wage hike not enough
Philippine Daily Inquirer - 2019-10-24
ILOILO CITY--Militant and labor groups said the P15 to P30 increase in the daily minimum wage approved by the wage board in Western Visayas was not enough, saying this could not even buy a kilo ...

European-PH business community, gov't to discuss trade, investment policies at the ECCP Summit
Gov - 2019-10-23
ECCP Executive Director Florian Gottein added that the event will also serve as a platform for key government officials to dialogue with stakeholders on pressing matters including the ease of doing business, further economic liberalization, tax reform ...

DOLE working on labor pact with Slovenia, around 5k jobs up for grabs
Philippine Daily Inquirer - 2019-10-21
MANILA, Philippines -- The government is currently working on a bilateral labor agreement with Slovenia, where several companies are seeking to employ up to 5,000 Filipino workers, Labor ...

PH justices discuss money laundering, financial crimes with US experts
Philippine Information Agency - 2019-10-15
Judge Bernice Donald of the United States Court of Appeals for the Sixth Circuit shared her expertise on traditional and emerging methods of money laundering, discussing the role that bitcoins and other cryptocurrencies and the dark web can play in money ...

DOLE warns jobseekers vs fake jobs on social media
Philippine Daily Inquirer - 2019-10-14
MANILA, Philippines -- The Department of Labor and Employment (DOLE) on Monday warned jobseekers against fake job offers posted on social media platforms. The labor department issued the warning following a report from a jobseeker named "Mary" who claimed to have been scammed by a certain Arthur Villena on Facebook. The jobseeker said that ...

OWWA-Region 1 recognizes 2019 Model OFW Family of the Year
Philippine Information Agency - 2019-10-14
SAN FERNANDO CITY, Oct. 14 (PIA) - The Overseas Workers Welfare Administration-Regional Welfare Office I (OWWA RWOI) recognized the winners of the Search for 2019 Model Overseas Filipino Worker (OFW) Family of the Year Awards (2019 MOFYA) on October 3 ...

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