GSIS chief Aranas resigns - sources
Philippine Daily Inquirer - 2019-07-02
Last week, Aranas said the planned sale of the contested property at Manila North Harbor will push through despite opposition from Razon-led International ... from Silliman University and his ...

New DOF guidelines exempt professionals from paying business permit fees - 2019-07-02
MANILA, Philippines -- Professionals are now exempt from paying business permit fees for the operation of their offices or clinics after the Department of Finance issued a new set of guidelines to local government units on imposing and collecting taxes ...

BREAK: Carpio inhibits from West PH Sea case
Philippine Daily Inquirer - 2019-07-02
MANILA, Philippines- Supreme Court Senior Associate Justice Antonio Carpio inhibited from the petition calling for the government to protect marine resources in the West Philippine Sea.

DOF: Election results proof tax reform was fair
Philippine Daily Inquirer - 2019-07-02
Proposed tax reforms falling under packages 3 and 4 were aimed at making property valuation and taxation of capital income and financial services simpler, fairer and more efficient.

Kuwentong Kule: Sunflowers and Sablay in UP: Symbols of the ultimate rites of passage
Philippine Daily Inquirer - 2019-07-01
Speaking at the UP College of Social Sciences and Philosophy, Supreme Court Senior Associate Justice Antonio Carpio earlier said Filipinos have the constitutional and civic duty to protect the ...

Corporate term under the Revised Corporation Code
BusinessMirror - 2019-07-01
Will the corporate life indicated in the articles apply ... nor should be construed as a substitute for tax, legal or financial advice on any specific matter. Applicability of this article ...

Japan sets restrictions on exports to South Korea, citing trust decline
BusinessMirror - 2019-07-01
South Korean technology companies including Samsung Electronics and SK Hynix say they are assessing how the Japanese import restrictions could possibly impact their business. Before the latest ...

DOF bares economic priorities for next 3 years - 2019-07-01
MANILA, Philippines -- The Department of Finance (DOF) has outlined five major economic policies that will be prioritized by the Duterte administration in the second half of its term to further propel economic growth and provide opportunities for Filipinos.

Allowed double taxation? - 2019-07-01
Republic Act 11232 or the Revised Corporation Code of the Philippines or RCC was signed into law by President Duterte on Feb. 20. The Act, which is a consolidation of Senate Bill 1280 and House Bill 8374, seeks to make doing business in the Philippines ...

DOJ summons KAPA execs over investment scam - 2019-07-01
MANILA, Philippines -- The Department of Justice (DOJ) has summoned officials of Kapa Community Ministry International Inc. in connection with the criminal charges they are facing over an alleged investment scam. In a subpoena released last week, a DOJ ...

Davao court bars Kapa officers from leaving PH
Philippine Daily Inquirer - 2019-07-01
A PHDO is a written court order directing the Bureau of Immigration to prevent any attempt to leave the country by a person suspected of a crime. It is punishable by a minimum penalty of at least ...

Gordon, groups lose bid to scrutinize source code
Philippine Daily Inquirer - 2019-07-01
MANILA, Philippines - The Supreme Court has dismissed the petitions filed by Senator Richard Gordon and two other groups asking that it compel the Commission on Elections (Comelec) to allow ...

Dominguez: Poll results show TRAIN law not unpopular
Philippine Daily Inquirer - 2019-07-01
Packages 3 and 4 of the tax reform program seek to simplify property valuation and taxation of capital income and financial services and to make these more fair and efficient. Dominguez said when Sen.

Investors value peace and order, infra more than tax perks - DOF
Philippine Daily Inquirer - 2019-07-01
The Department of Finance (DOF) has been pushing for the simplification of corporate tax income structure and modernizing the fiscal incentives program to benefit only select investors.

Naia 7th fastest Asia Pacific airport to exit
BusinessMirror - 2019-07-01
It takes less than an hour for travelers to exit the Ninoy Aquino International Airport after deplaning, gathering their luggage, clearing customs and immigration, and walking to vehicles with ...

Leyte officials take oath, ready to serve the province
Philippine Information Agency - 2019-07-01
Court of Appeals Associate Justice Edgardo de los Santos was the guest of honor and the inducting officer for the governor, while An Waray Partylist Representative Victoria Isabel Noel, administered the oath of office of the vice-governor and the ...

Amor Fides
BusinessMirror - 2019-06-30
In my case, for instance, when I left the comfortable confines of the military academy ... various units in the Air Force all over the country. My previous boss in Philippine Airlines, Jaime ...

TMAP urges Congress to ease bank secrecy law restrictions
BusinessMirror - 2019-06-30
RA 11213 seeks to enhance revenue administration and collection by granting an amnesty on all unpaid internal revenue taxes imposed by the national government for taxable year 2017 and prior years.

Carpio lauds 'brave' PH ex-officials for filing ICC complaint vs. Xi
CNN Philippines - 2019-06-30
Metro Manila (CNN Philippines, June 30) -- Former Foreign Affairs Secretary Albert del Rosario and former Ombudsman Conchita Carpio Morales found an ally in Senior Associate Justice Antonio ...

Most German firms in Philippines bullish on business prospects - 2019-06-30
German firms also see exchange rate volatility as another risk which can affect business operations this year, as well as challenges in securing skilled labor. Amid concerns on pending economic policy changes, GPCCI president Tristan Arwen Loveres said ...

Carpio presses Duterte on EEZ defense
Philippine Daily Inquirer - 2019-06-29
MANILA, Philippines -- The constitutional ... day of the University of the Philippines (UP) College of Social Sciences and Philosophy in Quezon City. "The use and enjoyment of these resources ...

The party list evil lives on
Philippine Daily Inquirer - 2019-06-29
So, Congress enacted in 1995 Republic Act No. 7941 ... He has been a keen observer of Philippine politics since his college days in the 1950s.

Carpio: EEZ provision in Charter not senseless as Duterte sees it
Philippine Daily Inquirer - 2019-06-29
"If we lose our personal integrity there is still a chance of recovering our personal integrity, no matter how long and difficult it may be " the Supreme Court justice said. "But if we lose ...

Rights group slams CA dismissal of amparo petition
Philippine Daily Inquirer - 2019-06-29
MANILA, Philippines -- A human-rights group on Saturday slammed the decision of the Court of Appeals (CA) dismissing the amparo and habeas data petition for the protection of its members.

BI nabs 97 Chinese, 8 other foreigners in BiƱan call center raid; 1 minor rescued
Philippine Daily Inquirer - 2019-06-29
MANILA, Philippines -- The Bureau of Immigration (BI) arrested 97 Chinese nationals and eight other foreigners who were found to be working without proper documents in a call center or a Business ...

U.S. Supreme Court to decide future of DACA protections for undocumented immigrants
CNN Philippines - 2019-06-29
(CNN) -- The U.S. Supreme Court said Friday it will review next term President Donald Trump's decision to terminate an Obama-era program that protects hundreds of thousands of undocumented ...

Is the Fed still relevant?
BusinessMirror - 2019-06-28
Fedgolf accused SCTI of discontinuing their service "despite serious ... the USGA and the R&A as the administrator of all matters golf in the Philippines. The Federation of Golf Clubs came ...

BIR amends criteria for top withholding agents - 2019-06-28
MANILA, Philippines -- The Bureau of Internal Revenue (BIR) has modified its criteria for the classification of the top withholding agents, in line with the Tax Reform for Acceleration and Inclusion (TRAIN) Law. This is based on Revenue Regulations 7-2019 ...

Infra spending reaches 5.5% of GDP in 2018 - 2019-06-28
These include Package 2, which aims to lower the corporate income tax (CIT) and modernize the fiscal incentives system; Package 3, which seeks reforms in the property valuation system; and Package 4, which rationalizes capital income taxation.

DoF says business sector keen on tax reform bills to be refiled with new Congress
BusinessWorld - 2019-06-28
THE Department of Finance (DoF) said it will re-file with the 18 th Congress bills that form part of second package of the Comprehensive Tax Reform Program (CTRP), which seeks to rationalize fiscal incentives and lower corporate income tax. "The business ...

Metro Pacific Hospital makes tender offer for shares in Makati Medical owner
BusinessWorld - 2019-06-28
METRO Pacific Hospital Holdings Inc. (MPHHI) has made an offer to buy P2.261 billion worth of shares from Medical Doctors Inc. (MDI) to boost its stake in the latter to 49.9%. "MPHHI has offered to acquire up to 563,000 outstanding common shares of MDI ...

Declare law on Palawan split unconstitutional, Supreme Court asked
Philippine Daily Inquirer - 2019-06-28
PUERTO PRINCESA CITY -- A citizens group asked the Supreme Court this week to declare unconstitutional the law that split Palawan into three smaller provinces. The 28-page petition signed by ...

Labor groups: Government not doing enough to combat child labor
BusinessMirror - 2019-06-28
Labor groups scored the government on Friday for falling behind its target to reduce by 630,000 cases the incidents of child labor by 2022. Sentro ng mga Progresibo at Nagkakaisang Manggagawa ...

DOLE so far profiles more than 85,000 child laborers in PH
Philippine Daily Inquirer - 2019-06-28
MANILA, Philippines -- The Department ... with the Technical Education and Skills Development Authority and the Industrial Tripartite Councils to provide skills training to former child laborers ...

DOLE identifies 85K child laborers
Sun Star - 2019-06-28
THE Department of Labor and Employment ... said that DOLE has partnered with the Technical Education and Skills Development Authority and Industrial Tripartite Councils for the provision of skills training to former child laborers to help them land ...

Bernie Sanders unveils plan to cancel all $1.6 trillion of student loan debt
CNN Philippines - 2019-06-28
"The bottom line is we shouldn't be punishing people for getting to higher education," Sanders said ... The plan is part of a more comprehensive "college for all" program that Sanders has ...

Meralco to conduct CSP of power requirements
BusinessMirror - 2019-06-28
ENERGY Secretary Alfonso Cusi said on Thursday the Manila Electric Co. (Meralco) has informed him the utility firm would conduct no later than end-June a competitive selection process (CSP) of its ...

BIR amends criteria for top withholding agents
Philippine Information Agency - 2019-06-28
QUEZON CITY, June 28 -- The Bureau of Internal Revenue issued Revenue Regulations (RR) No. 7 - 2019 that shall take effect on June 29 or 15 days immediately after its publication. The said RR amends pertinent provisions of Section 2 under RR No. 11 ...

SOT bill passage likely on Sona day-DOLE
BusinessMirror - 2019-06-27
The Department of Labor and Employment (DOLE) said it is anticipating the much-awaited legislation will be signed by President Duterte, either days before or during his State of the Nation Address ...

JBC opens application for SC posts to be vacated by Carpio, Jardeleza
BusinessMirror - 2019-06-27
THE Judicial and Bar Council (JBC) on Thursday announced the opening for application and recommendation of posts in the Supreme Court that will be soon vacated by Associate Justices Francis ...

Incoming House members outline legislative priority when 18th Congress opens
BusinessMirror - 2019-06-27
and passive income and financial intermediary taxation bill will also be prioritized. Also included on the priority list are the traffic and congestion crisis bill, zero tariff on fish and meat ...

DOLE still waiting for BI to enforce stricter work permit requirements for foreigners
BusinessMirror - 2019-06-27
The joint issuance was signed by DOLE, BI, Department of Justice (DOJ), and the Bureau of Internal Revenue (BIR) on May 1 to address the alleged "lax" work permit rules for FNs. Among the ...

Man arrested for extortion, estafa in Manila
Philippine Daily Inquirer - 2019-06-27
The victim reportedly needed Tamayo, who is an engineer, so he can apply for a Philippine Overseas Employment Administration (POEA) license, which requires that at least one employee who is ...

2,763 Indonesians finally get citizenship
Sun Star - 2019-06-27
The latest additions to the one-year documentation program that ends by the end of June 2019 were during the four-day registration and verification held at the Mindanao State University in General Santos City from June 18-22, where a total of 375 were ...

CCCI, Picpa to conduct accounting, tax sessions
Sun Star - 2019-06-27
THE Cebu Chamber of Commerce and Industry (CCCI) signed a Memorandum of Agreement (MOA) with the Philippine Institute of Certified Public ... As part of its corporate social responsibility and professional development programs, Picpa Cebu Chapter will ...

De Lima: No other president has committed more impeachable offenses than Duterte
Philippine Daily Inquirer - 2019-06-27
This, the senator said, raises the urgency to resolve the petition filed by the Kalayaan Palawan Farmers and Fisherfolk Association against the Duterte Administration before the Supreme Court.

Application open for 2 associate justice posts
BusinessWorld - 2019-06-27
He also served as Deputy Ombudsman for Luzon. He obtained his Bachelor of Arts in Political Science degree from the University of the Philippines (UP) Iloilo College in 1970 and earned his law degree from UP Diliman in 1974. He placed third in the Bar ...

Manila City Council backs Lopez appointmen to Supreme Court
Journal - 2019-06-27
before he was appointed Chief City Prosecutor of Manila in February 2006. In the council, he served as majority floorleader and headed the committee on laws. The resolution said Lopez graduated cum laude from the University of the Philippines Diliman with ...

Panelo: President's comment on China fishing in EEZ was 'misconstrued'
CNN Philippines - 2019-06-27
Metro Manila (CNN Philippines, June 27) -- The Palace spokesperson said President Rodrigo Duterte's comment on China fishing in the country's exclusive economic zone (EEZ) was misinterpreted by ...

RCC gets two checks totaling $110,000
Robesonian - 2019-06-26
Piedmont Natural Gas and Matrix Service Inc. presented two checks in the amount of $100,000 and $10,000 to Robeson Community College and the Robeson Community College Foundation on Wednesday, as an investment into student scholarships and program expansion.

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