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 ...

Senate OKs 'end endo' bill
CNN Philippines - 2019-05-22
Metro Manila (CNN Philippines, May 22) -- The Senate has passed a bill that seeks to strengthen workers' security of tenure and prohibit the practice of labor-only contracting. The upper chamber ...

Senate panel draft seeks P45 to P60 tax on tobacco
Philippine Daily Inquirer - 2019-05-22
MANILA, Philippines -- A draft committee report of a bill, which will further increase excise tax on tobacco products to between P45 and P60 per pack starting next year, is being routed for ...

President Duterte signs BSP's gold bill into law
Gov - 2019-05-22
The tax regime under R.A. No. 11256 would allow the BSP to increase ... economic standing and lowering the cost of both funding for the Republic as well as doing business for the private sector. It also prevents the smuggling of Philippine gold through ...

No more income, excise taxes on small-scale miners selling gold to BSP
Philippine Daily Inquirer - 2019-05-22
MANILA, Philippines -- President Rodrigo Duterte has enacted a law exempting registered small-scale gold miners - who would sell their gold to the Bangko Sentral ng Pilipinas (BSP) - from ...

The OSHDP Manifesto to solve the Philippine Housing Backlog
BusinessMirror - 2019-05-22
Consistent with the Ease of Doing Business and Efficient Government Service Delivery Act (Republic Act No. 11032), all applications relative to processing of socialized housing development not ...

Immigration warns public vs. fixers
Philippine Information Agency - 2019-05-22
DAGUPAN CITY, May 22 (PIA) - The Bureau of Immigration (BI)-Dagupan Field Office has called on its clients and the public not to patronize fixers who offer their services in exchange for a fee. Christopher John Abella, alien control officer of BI-Dagupan ...

Bill extending travel perks to OFW dependents okayed on final reading
BusinessMirror - 2019-05-21
"This notwithstanding, there is still some void to fill as the so-called solo parent OFWs face some sort inequity in the field of taxation," Alvarez said. According to Alvarez, children of ...

Dark side of Tokyo?
BusinessMirror - 2019-05-21
"The situation is even worse with so-called interns or migrant workers with issues--language, employment contracts and immigration issues," Yuson said by e-mail. "Massive overtime in ...

PEZA chief addresses talks she is at risk of losing post for opposition to tax perk revamp
BusinessWorld - 2019-05-21
The Finance department had packaged the streamlining of fiscal incentives with a gradual reduction in corporate income tax (CIT) to 20% by 2029 from 30% currently in order to ensure this reform package will have a revenue-neutral effect, with projected ...

Senate approves on 3rd reading the appointment of judges-at-large
BusinessMirror - 2019-05-21
Former Supreme Court Chief Justice Artemio Panganiban has said there were about 160,000 cases pending in the 1,200 first-level courts (city and municipal courts) and 640,000 in the 1,100 second ...

Passage of tobacco tax hike bill pushed
Journal - 2019-05-21
"These funds would go a long way towards improving health outcomes in the country, as well as improving mechanisms for policing cigarette smuggling and illicit trade," Gatchalian ... of Past Presidents of the Philippine College of Physicians ...

Embedding Of Tweets Amounts To Infringement Of Copyright - Case Study - Justin Goldman v Breitbart News Network & Ors., Heavy, Inc.
Mondaq - 2019-05-21
On July 2, 2016 the plaintiff Justin Goldman clicked a photograph of football quarterback for the New England Patriots Tom Brady with Boston Celtics manager Danny Ainge and others in East Hampton and posted it on his snapchat story speculating that Brady ...

DFA files criminal case for death of OFW in Kuwait
Philippine Daily Inquirer - 2019-05-21
MANILA, Philippines -- The Department of Foreign Affairs (DFA) has filed a criminal case in Kuwait for the death of an overseas Filipino worker (OFW). The DFA said on Tuesday they have ...

Number of DTI-registered businesses rises to 1.42 M
philstar.com - 2019-05-21
MANILA, Philippines -- The number of registered businesses in the Philippines has reached 1.42 million as of end-May, the Department of Trade and Industry (DTI) said. Citing the Micro, Small and Medium Enterprise Development (MSMED) Council, the DTI said ...

ACT asks Congress to amend Election Service Reform Act
Philippine Daily Inquirer - 2019-05-21
MANILA, Philippines -- The Alliance of Concerned Teachers (ACT) on Monday called on Congress to amend the landmark Election Service Reform Act (Esra) to resolve issues that hounded teachers ...

DOF prods other agencies on illegal foreign workers
BusinessMirror - 2019-05-20
THE Department of Finance (DOF) has called on the Bureau of Immigration (BI) to team up with the Philippine Amusement and Gaming Corp. (Pagcor), as well as law-enforcement agencies in weeding out ...

Senators: No consensus to rush Charter change
BusinessMirror - 2019-05-20
Ibon warned that amendments may also remove pertinent provisions affecting Philippine employment opportunities, labor rights and access to basic social services. "Cha-cha would remove provisions ...

12,000 foreigners working illegally in PH - DOLE
CNN Philippines - 2019-05-20
Metro Manila (CNN Philippines, May 20) -- Authorities are eyeing to shut down online gaming firms found to have hired at least 12,000 foreigners illegally. The Department of Labor and Employment ...

World shares mixed with no easing of China-US trade dispute
Philippine Daily Inquirer - 2019-05-20
His conservative, pro-business government looked set to form a majority government, leaving bewildered voters wondering how they were taken by surprise since the opposition Labor Party had been ...

Senate OKs bill recognizing flexi-time, compressed work week passes on third reading
BusinessMirror - 2019-05-20
Senator Joel Villanueva, principal sponsor of the measure as chairman of the Senate Committee on Labor, clarified that work arrangements such as flexi-time, compressed work week, and shift ...

Compensation Recommendation under the CG Code for PLCs
BusinessWorld - 2019-05-20
They also encourage employees to act in the long-term interest of the company as a whole, rather than for themselves or their business lines only. Moreover, it is good practice for the Board to formulate and adopt a policy specifying the relationship ...

Unemployment insurance, OFW membership part of the new Social Security Law
Gov - 2019-05-20
The member just need to secure a certification that they were displaced from the Department of Labor and Employment (DOLE) or for an overseas Filipino worker (OFW) member from the Overseas Workers Welfare Administration (OWWA). "The new law, which took ...

No public consultations on Edsa provincial bus ban, MMDA exec admits
Philippine Daily Inquirer - 2019-05-20
MANILA, Philippines -- The riding public was not consulted before the dry run on the provincial bus ban was enforced along Edsa, Metropolitan Manila Development Authority (MMDA) traffic chief ...

Plus for the economy
Philippine Daily Inquirer - 2019-05-19
The second package on corporate income taxation, dubbed the Tax Reform for Attracting Better and Higher Quality Opportunities (Trabaho) bill, got stalled in the previous Congress. It now faces a bigger chance of being passed in the incoming Congress.

The joy of human labor
BusinessMirror - 2019-05-19
He holds an MBA from Ateneo de Manila University Graduate School of Business where he previously served as the external vice president of the Student Council. This column accepts contributions ...

Biz groups push okay of Public Service Act
BusinessMirror - 2019-05-19
BUSINESS leaders have closed ranks behind a final push to prod the 17th Congress--which resumes sessions on Monday (May 20) for its final three weeks of work--to pass the amended Public Service ...

CA approves lawsuit related to 2013 Serendra explosion
BusinessMirror - 2019-05-19
has given the Regional Trial Court in Taguig City to proceed with the trial of the P30-million damage suit filed by a businesswoman against Ayala-owned real-estate developer, Alveo Land Corp., as ...

QC could put land value hike on hold
BusinessWorld - 2019-05-19
Ms. Deloraya-Mateo noted that the chamber and other business organizations were consulted in 2016, "but not all agreed with the increase." The human body is akin to a synergistic machine of connected systems and organs that rely on one other to ...

House to get busy in last session days
Journal - 2019-05-19
Sovereign Fund"; HB No. 9061 or "An Act Encouraging Corporate Social Responsibility, Providing Incentives Thereof"; HB 9051 or "An Act Reorganizing The Cooperative Development Authority"; HB 9023 or "An Act Strengthening The Polytechnic ...

Will the US Supreme Court reconsider abortion rights?
Philippine Daily Inquirer - 2019-05-19
WASHINGTON, United States - American evangelicals have high hopes that the US Supreme Court, with its newfound conservative majority, will be tempted to chip away at its historic decision to ...

Labor exec reiterates BPO worker safety is paramount during disasters
newsbytes.ph - 2019-05-18
A top official of the Department of Labor and Employment (DOLE ... She said Republic Act No. 11058 or the Occupational Safety and Health Law upholds the overall safety of all employees in their ...

Bello studying possible withdrawal of labor attach├ęs in Canada amid garbage row
philstar.com - 2019-05-18
MANILA, Philippines -- Labor Secretary Silvestre Bello III said Saturday he is studying the possibility of withdrawing Philippine labor attach├ęs in Canada amid tensions after Ottawa missed a deadline to take back dozens of shipping containers full of trash.

Philippines mulls new ban on Kuwait deployment
Philippine Daily Inquirer - 2019-05-17
Labor Secretary Silvestre Bello III said on Friday that the government might reimpose a deployment ban on Kuwait after a domestic worker was killed by her employer despite an existing commitment ...

Rubber Stamp?
BusinessMirror - 2019-05-17
reform taxation, liberalize rice trade and other bold reforms to keep the economy on a high growth path, attract foreign investments, create jobs and reduce poverty incidence to just 14 percent by ...

PHL government looking to reinstate Kuwait OFW deployment ban after another Pinay death
BusinessMirror - 2019-05-17
The Department of Labor and Employment (DOLE) said it is now eyeing the reimposition of the deployment ban if the Kuwaiti government fails to ensure the protection of overseas Filipino workers ...

P&A Grant Thornton branches head is CCCI treasurer
Sun Star - 2019-05-17
Ganhinhin was also awarded by CCCI immediate past president Antonio Chiu with a certificate of appreciation for his exemplary service to the organization as its former assistant treasurer and taxation committee chairperson, having submitted position papers ...

Finance and Health departments renew call to pass sin tax law
CNN Philippines - 2019-05-17
Metro Manila (CNN Philippines, May 17) -- The 17th Congress only has three weeks left to work until the legislative session ends. This leaves the finance and health departments in a tight spot if ...

Debt watchers, economists see policy continuity in Senate results
philstar.com - 2019-05-17
Fitch Solutions said key reforms include shifting towards a federal system of governance, cutting corporate tax rates and the reinstating of the death penalty. However, it said reduced opposition within the Senate lowers the potential for checks and ...

DTI-Cebu launches Kapatid Mentor ME Batch 6
Philippine Daily Inquirer - 2019-05-17
taxation/ business laws; tapping government programs and services to grow your business and business improvement plan presentation. The KMME program is organized by DTI and the Philippine Center ...

Its NUT yours, its mine: Kraft Foods v Bega Cheese and the importance of intellectual property due diligence
Mondaq - 2019-05-17
Kraft first started making and selling peanut butter in Australia in 1935. Since the 1990s, Kraft sold its peanut butter with a yellow lid, and since the mid 2000's sold its peanut butter with a yellow lid and either a blue or red peanut device. This ...

Lopez to 18th Congress: Pass bills on retail trade lib, Trabaho, PSA
BusinessMirror - 2019-05-16
Meanwhile, the Trabaho bills seeks to gradually reduce corporate income tax to 20 percent by 2029, from 30 percent. On the other hand, it will rationalize incentives granted to firms located in ...

Sandra Cam wants out of PCSO board
Philippine Daily Inquirer - 2019-05-16
The Peryahan ng Bayan, operated by Globaltech Mobile Online Corporation, was considered illegal, until the Court of Appeals overturned the ruling which allowed it to continue its operations.

Newly hired OFWs in Japan rose to 15,840 in 2018
BusinessMirror - 2019-05-16
In its initial 2018 deployment figures, Philippine Overseas Employment Administration (POEA) showed the number of newly hired OFWs in Japan reached 15,840. "This includes those deployed under ...

BIR files P212.6-million case vs Tacloban trader found with fake cigarettes, excise stamps
BusinessMirror - 2019-05-16
THE Bureau of Internal Revenue (BIR) on Thursday filed a case against a Tacloban City businessman at the Department of Justice (DOJ) for possessing fake cigarettes with fake excise tax stamps ...

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