10-year extension of Tieza tax perks to yield P222-billion investments
BusinessMirror - 2019-05-28
To prevent the abuse of incentives, the Tieza shall also coordinate with the Bureau of Customs and the Bureau of Internal Revenue in preparation and enforcement of rules and regulations.

PH, Japan firms to sign P300B in deals during Duterte visit
Philippine Daily Inquirer - 2019-05-27
medical devices, business process outsourcing, power, electricity, transport, automotive, food manufacturing and marine manpower industries. "The Department of Trade and Industry (DTI ...

House approves on final reading re-filed bill creating the Coconut Industry Trust Fund
BusinessMirror - 2019-05-27
The coco-levy funds have been stuck in court disputes until 2012, when the Supreme Court awarded the shares bought with the money to the government to be used for coconut farmers and the industry.

Duterte signs law extending perks to tourism ecozones
philstar.com - 2019-05-27
MANILA, Philippines -- President Duterte has signed a law that extends the granting of incentives to tourism enterprise zones (TEZs) for another 10 years by the Tourism Infrastructure and Enterprise Zone Authority (TIEZA). The President signed Republic ...

B.I.R. to issue estate tax amnesty rules
BusinessMirror - 2019-05-27
THE Bureau of Internal Revenue (BIR) said the rules for the implementation of the estate tax amnesty will be issued this week or before next month. The BIR said in a statement on Monday that it ...

Court of Appeals' junior justice Inting appointed to SC
philstar.com - 2019-05-27
Inting is a law graduate of the Ateneo de Davao University where he finished with honors. He has been serving the government for more than 30 years. He served the National Housing Authority Government Corportation, then later as a public attorney and a ...

POEA warns vs work-reside in New Zealand scams
BusinessWorld - 2019-05-27
PRESIDENTIAL PHOTO THE PHILIPPINE Overseas Employment Administration (POEA) has warned the public against paying high fees for schools in New Zealand that promise residency, noting that this is not in line with any existing policy of the country nor ...

CA magistrate Henri Inting is new SC justice
CNN Philippines - 2019-05-27
Metro Manila (CNN Philippines, May 27) -- Court of Appeals Associate Justice Henri Inting has joined the roster of magistrates in the Supreme Court, Justice Secretary Menardo Guevarra confirmed ...

Duterte signs law for poor
Journal - 2019-05-27
The incentives include income tax holidays, gross income taxation of five percent, 100 percent exemption on all taxes and customs duties on the importation of capital equipment, exemption of transportation and spare parts from tariffs and duties as well as ...

Duterte signs Magna Carta of the Poor
CNN Philippines - 2019-05-27
Metro Manila (CNN Philippines, May 27) -- President Rodrigo Duterte signed into law a bill making government ... of providing free or socialized college education to the poor and shall make ...

Removal of Panitikan and Filipino as core college subjects
philstar.com - 2019-05-27
Teachers' group ACT-Philippines expresses condemnation of the Supreme Court decision to remove Filipino and Philippine literature as mandatory subjects in college which it says are more meaningful in instilling patriotism than the ROTC. "Panibagong dagok ...

No import tax, no expansion
Philippine Daily Inquirer - 2019-05-26
For now, imported cement already carries the weight of an P8.40-per-bag tax, or a safeguard duty of ... who handles the strategy and business development of Republic Cement and Building Materials ...

IT-BPM sector posts 5% growth in 2018
philstar.com - 2019-05-26
... for tax reform or the Tax Reform for Attracting Better and High Quality Opportunities bill approved on third and final reading at the House of Representatives, however, the government will gradually bring down the corporate income tax to 20 percent ...

Gen. Antonio Taguba Fil-Am ROTC star
Philippine Daily Inquirer - 2019-05-26
Later he graduated from Idaho State University with an AB degree majoring in history ... international relations, and national security and strategic studies. Taguba was made brigadier general in August 1997, only the second Filipino-American to reach ...

Senate will not allow mangling of SOT bill in bicam, says Sotto
BusinessMirror - 2019-05-26
SENATE President Vicente Sotto III allayed concerns by a jittery labor sector that last-ditch lobbying in Congress could still derail bicameral efforts and mangle the final version of the so ...

Tax Legislative in the Pipeline for the 18th Congress
BusinessMirror - 2019-05-26
Jeffrey Galang Salazar is a Certified Public Accountant (CPA) and a Master in Business Administration degree holder. He established Salazar Tax and Accounting Services to provide tax, accounting ...

IT-BPM sector grows, short of program
BusinessWorld - 2019-05-26
That tax reform was designed to be approved in tandem with a proposal to slash the corporate income tax (CIT) rate to 20% by 2029 from 30% currently in order to put it at par with those across Southeast Asia, but lawmakers have proven hesitant to cut tax ...

6 undocumented foreigners nabbed in Mindanao
CNN Philippines - 2019-05-26
Metro Manila (CNN Philippines, May 26) -- Immigration authorities nabbed six undocumented foreigners in separate operations in Mindanao. Immigration Commissioner Jaime Morente said the operations ...

Supreme Court affirms ruling on Filipino, Panitikan
Journal - 2019-05-26
THE Supreme Court has ruled with finality that Filipino and Panitikan (Philippine Literature) can be excluded as core subjects in college. The SC stood pat on its after the petitioners failed to present new arguments to necessitate a reversal of its ruling ...

BI arrests six illegal aliens in Mindanao
Philippine Daily Inquirer - 2019-05-26
MANILA, Philippines -- Six illegal immigrants have been arrested by agents of the Bureau of Immigration in Mindanao in separate operations. Immigration chief Jaime Morente said on Sunday that the ...

Father of automated elections
Philippine Daily Inquirer - 2019-05-25
Due, however, to constitutional and legal flaws and to suspicious bidding procedures, the three contracts were invalidated by the Supreme Court in Comelec v. Quijano-Padilla (Sept. 18, 2002), Information Technology Foundation v. Comelec (Jan. 13 ...

SC upholds K-to-12 program with finality
Philippine Daily Inquirer - 2019-05-25
MANILA, Philippines ... 12 education program as it denied the motions for reconsideration regarding the removal of the subjects of Filipino, Panitikan and the Constitution from the college ...

DOF hopeful on passage of remaining tax packages
philstar.com - 2019-05-25
Currently, the DOF is pushing for the passage of four remaining tax reform packages in Congress. These include Package 2, which covers the reduction in the corporate income tax rates and the rationalization of fiscal incentives. Package 2 Plus, meanwhile ...

Pimentel: No tobacco tax hike if it will hurt businesses
Philippine Daily Inquirer - 2019-05-25
We will look into this. If a tax would put the viability of a business at risk, then I disagree with it," Pimentel, speaking in Filipino, told AM radio station DWIZ. Pimentel, an advocate of ...

3 senators want to head education committee - Sotto
Philippine Daily Inquirer - 2019-05-25
MANILA, Philippines -- Three senators want to get elected as chair of the Senate Committee on Education in the 18th Congress, Senate President Vicente Sotto III said on Saturday. In an interview ...

The question
Journal - 2019-05-25
Bound for the Supreme Court? For Floyd Abrams, a prominent constitutional law specialist, "the question, I think, should not be whether Assange is a journalist but whether the First Amendment protects his conduct." Indeed, the amendment is seen as the ...

Congress races against time to pass key economic bills
CNN Philippines - 2019-05-25
Speaking to CNN Philippines Business Roundup, Asian Institute of Management Associate Professor Emmanuel Leyco said that the upcoming administration-allied Congress might make passing these laws ...

Congress races against time to pass key economic bills
CNN Philippines - 2019-05-25
Speaking to CNN Philippines Business Roundup, Asian Institute of Management Associate Professor Emmanuel Leyco said that the upcoming administration-allied Congress might make passing these laws ...

Glan Glam
Philippine Daily Inquirer - 2019-05-25
The Glan municipal government and the NCCA have signified readiness to assist researchers, architecture students ... has been reinvented as a resort, restaurant and recreational hub.

Trump administration moves to revoke transgender health protection
Philippine Daily Inquirer - 2019-05-24
As one of her first policy moves, Education Secretary Betsy DeVos withdrew ... according to the Williams Institute, a think tank focusing on LGBT policy at the UCLA School of Law.

BIR to Pogo firms: Pay P4.4-B unpaid taxes of Chinese workers
Philippine Daily Inquirer - 2019-05-24
To ensure that the income taxes of all foreign Pogo workers are collected, the BIR, Bureau of Immigration, Department of Justice and Department of Labor and Employment came up with joint ...

Fiscal surplus widens to P86.9 B in April
philstar.com - 2019-05-24
MANILA, Philippines -- The national government booked a wider fiscal surplus in April amid lower spending due to the delay in the passage of the 2019 budget, according to the Bureau of the Treasury. In its latest cash operations report, the BTr said the ...

75-year-old job hunters could become new normal in aging Japan
BusinessMirror - 2019-05-24
About a quarter of his work force is 60 or older. Business owners must understand that older workers typically mean lower productivity, so wages and output levels need to be managed accordingly ...

Gov't spending still deflated in April due to budget delay
CNN Philippines - 2019-05-24
Metro Manila (CNN Philippines, May 24) -- Public spending remained in a slump in April, with agencies left with limited options as they operate under a reenacted budget. The government spent ...

Senate OK of tenure bill bucked
Philippine Daily Inquirer - 2019-05-24
For a company looking to invest in the country, the higher labor costs and lack of flexibility in labor arrangements may give them pause," she said. It remains to be seen if the bill will ...

Legal Fight Between Infowars and Pepe the Frog Creator May Decide Fate of Internet Memes
Law - 2019-05-23
Pepe creator Matt Furie sued Infowars in 2018 for copyright infringement over a poster the company sold on its website. The poster featured Pepe alongside Infowars founder Alex Jones, President Donald Trump, Milo Yiannopoulos and other right-wing figures.

TUCP lauds passage of 'anti-endo' bill in Senate, expresses 'fear' over Finance chief's opposition
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- The biggest group of labor federations in the country is in praise of the Senate for approving a bill seeking to strengthen workers' security of tenure ...

Imee Marcos on historical revisionism: It's our duty to tell our side of the story
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- Amid accusations of historical revisionism, Senator-elect Imee Marcos says it is the duty of her family now to tell "their side of the story" on her ...

Fed: Labor may finally win out over inflation
BusinessWorld - 2019-05-23
Before coming to the Fed last year, Clarida had written that in recent business cycles, tight labor markets have allowed workers to regain some of their lost portion of national income without an obvious inflation pressure. Jon Faust, a former Johns ...

Imee Marcos on historical revisionism: It's our duty to tell our side of the story
CNN Philippines - 2019-05-23
Marcos also lauded her feat in vote-rich Cebu City and Cebu province ... credentials -- degrees from Princeton University in New Jersey, as well as University of the Philippines -- for which she had failed to produce diplomas. When asked about these ...

Cebu hotels admit Airbnb poses unfair competition
philstar.com - 2019-05-23
CEBU, Philippines -- Hotels in Cebu have cried foul over the strong entry of accommodations offered via Airbnb in Cebu, admitting that this new concept of hospitality business is already starting to affect the businesses of conventional industry players.

Palace won't intervene in temporary detention of former Ombudsman in Hong Kong
CNN Philippines - 2019-05-23
Metro Manila (CNN Philippines, May 23) -- The government willl not protest the detention of former Ombudsman Conchita Carpio Morales at the Hong Kong airport last Tuesday as it is a country's ...

CA: Sale of SRP lots legal
philstar.com - 2019-05-23
CEBU, Philippines -- The Court of Appeals has denied a petition that questioned the sale of a 45.2-hectare lot at the South Road Properties in Cebu City. In effect, the appellate court affirmed a decision of the Regional Trial Court, which found the sale ...

House OKs coco-levy bill on 2nd reading
BusinessMirror - 2019-05-23
The coco-levy funds have been stuck in court disputes until 2012, when the Supreme Court awarded the shares bought with the money to the government to be used for coconut farmers and the industry.

Easing of rice imports to cut 20% of NFA staff
Philippine Daily Inquirer - 2019-05-23
Torda said in a phone interview that their group was looking to file a case against the government at the Supreme Court to question the constitutionality of certain provisions of the rice import ...

Small-scale miners selling gold to BSP to get tax exemptions
BusinessMirror - 2019-05-22
Some sections of the National Internal Revenue Code were amended through this legislation. The new law also provides that a taxpayer may file a claim for refund or credit with the Bureau of ...

Duterte dared: Question HK over Morales ordeal
Philippine Daily Inquirer - 2019-05-22
Morales flew to Hong Kong on Tuesday with her husband, children and grandchildren for a five-day vacation, but immigration authorities stopped her at the airport, held her there for about four ...

Advocates warn retaining tobacco excise tax at current rate to add 1 million new smokers
BusinessMirror - 2019-05-22
MEMBERS of nongovernment Action for Economic Reforms (AER) warned there will be at least 1 million new smokers in the country if the government decides to retain the current excise tax rates on ...

51 party-list groups get House seats
BusinessMirror - 2019-05-22
The allocation of guaranteed congressional seats is based on a formula set by the Supreme Court in its 2009 decision in Banat v. Comelec.

BSP to buy more gold from small miners
philstar.com - 2019-05-22
MANILA, Philippines -- The Bangko Sentral ng Pilipinas (BSP) may further build up its foreign exchange reserves after President Duterte signed a law exempting small-scale miners from paying income and excise taxes when they sell their gold to the central ...

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