Other Headlines

Duterte strengthens MARINA to comply with International Convention

MANILA, Sept 25 (PNA) - President Rodrigo Duterte has issued an executive order (EO) further strengthening the Maritime Industry Authority (MARINA) to ensure the country’s strict and full compliance with the 1978 International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW).
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

SC stresses Balance of Workers, Employers Rights

MANILA, Sept 25 (PNA) - The Supreme Court (SC) has reiterated balancing workers' rights with the rights of employers to exercise management prerogatives in dealing with their companies’ affairs, including their right to dismiss erring employees.
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

PRRD issues Order removing Non-tariff Barriers for Agri Products

MANILA, Sept 25 (PNA) - President Rodrigo Duterte has signed an administrative order removing non-tariff barriers and streamlining administrative procedures on the importation of basic agricultural commodities.
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

Makati Court orders Trillanes’ Arrest

MANILA, Sept 25 (PNA) - The Makati City Regional Trial Court (RTC) Branch 150 has issued an alias warrant of arrest and hold departure order (HDO) against Senator Antonio Trillanes IV in connection with his rebellion case.
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

Duterte certifies Security of Tenure Bill as Urgent

MANILA, Sept 25 (PNA) - President Rodrigo R. Duterte has certified the passage of the security of tenure bill as urgent, in efforts to fulfill his campaign promise of banning labor-only contracting in the country.
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

Teachers not exempted from Eight-Hour Workday

MANILA, Sept 25 (PNA) - Public school teachers are not exempted from the eight-hour workday, the Department of Education (DepEd) said on Tuesday.
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

SC refers Financial Advisors' Compensation Row Case for Arbitration

MANILA, Sept 25 (PNA) - The Supreme Court (SC) has referred for arbitration a collection suit between local and global financial advisers over payment for services rendered in the liquidation of the National Home Mortgage Finance Corporation (NHMFC)'s PHP40-billion Unified Home Lending Program (UHLP) portfolio 16 years ago.
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

House Panel okays Report junking Impeach Rap vs SC Justices

MANILA, Sept 25 (PNA) - The House of Representatives' justice committee on Tuesday unanimously approved its report on the dismissal of the impeachment complaint against Supreme Court (SC) Chief Justice Teresita de Castro and six associate justices.
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

PDEA backs Senate Resolution allowing K9 findings as Evidence in Drug Cases

MANILA, Sept 25 (PNA) - The Philippine Drug Enforcement Agency (PDEA) has expressed support for Senator Emmanuel Pacquiao's proposed resolution seeking to allow the findings of K9s and swabbing of drug samples as admissible evidence in court.
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

CA stops Auction, Sale of Banco Filipino

MANILA, Sept 25 (PNA) - The Court of Appeals has stopped the auction and transfer of properties of the defunct Banco Filipino Savings and Mortgage Bank (Banco Filipino).
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

Senate passes Bill giving Coco Farmers more seats in PCA Board

MANILA, Sept 25 (PNA) - Voting 18-0, the Senate on Monday approved on third and final reading a measure, seeking to reconstitute the Philippine Coconut Authority (PCA) Board to give greater representation to coconut farmers in the agency tasked to manage the PHP105-billion coconut levy funds.
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

Book Imports, Purchases to remain Tax-Exempt: DOF

MANILA, Sept 25 (PNA) - The Department of Finance (DOF) has assured the public on Tuesday that the purchase and importation of books will remain tax exempt under the second tax reform package of the Duterte administration.
Date: 25 September 2018; Type: Legal News; Source: Philippine News Agency

Committee approves SGMA's Bill on Shark Conservation

The House Committee on Natural Resources chaired by Rep. Rodrigo Abellanosa (2nd District, Cebu City) approved House Bill 7912, principally authored by former President and now Speaker Gloria Macapagal-Arroyo, which seeks to regulate the catching, sale, purchase, possession, transportation, importation, and exportation of all sharks, rays, chimaera ...
Date: 23 September 2018; Type: Legal News; Source: House of Representatives

Senate passes Bill creating PH Energy Research, Policy Institute

MANILA, Sept 24 (PNA) - The Senate on Monday approved on third and final reading a bill seeking to establish the Philippine Energy Research and Policy Institute (PERPI) to help address research and policy gaps in the local energy sector and push for reforms that will directly benefit Filipinos.
Date: 24 September 2018; Type: Legal News; Source: Philippine News Agency

CA stops Auction, Sale of Banco Filipino

MANILA, Sept 25 (PNA) - The Court of Appeals has stopped the auction and transfer of properties of the defunct Banco Filipino Savings and Mortgage Bank (Banco Filipino).

House okays P51-B Realignment in 2019 Budget BSP enhances Guidelines on Currency Rate Risk Protection Program Senate Panel okays proposed BCDA 2019 Budget more

PCC gives Nod to Grab-Uber Deal

MANILA, Aug 10 (PNA) - The Philippine Competition Commission (PCC) Chairman Arsenio Balisacan announced Friday the antitrust body has given the green light to go ahead with the acquisition deal between transport network ...

CA affirms ERC Jurisdiction over Energy Sector Competition Cases Independent Federal Competition Authority eyed in New Constitution Ayala Land-Central Azucarera de Tarlac Asset Deal gets Nod more

DOJ declares Nayong Pilipino deal void 'ab initio’

MANILA, Aug 31 (PNA) - Malacañang on Friday said the Department of Justice (DOJ) has concluded that the lease contract between Nayong Pilipino Foundation (NPF) and Landing Resorts Philippines Development Corp. is ...

Bill of the Straw Regulation Act Bill of the Act prohibiting the Imposition of Interest on Unpaid Hospital Bills and Medical Expenses of Patients Senate approves Innovative Startup Bill more

SC affirms Imelda Marcos' Acquittal in Dollar Salting Case

MANILA, Sept 21 (PNA) - The Supreme Court (SC) has affirmed the 2008 ruling of Court of Appeals on the acquittal of former first lady and now Ilocos Norte Rep. Imelda Marcos over her dollar salting case where she alleged ...

Sandiganbayan junks Graft Rap vs NegOr Guv Palparan, Two Others guilty of Kidnapping, Serious Illegal Detention Sandiganbayan acquits NegOcc Town Mayor of Graft more

SC stresses Balance of Workers, Employers Rights

MANILA, Sept 25 (PNA) - The Supreme Court (SC) has reiterated balancing workers' rights with the rights of employers to exercise management prerogatives in dealing with their companies’ affairs, including their rig ...

Duterte certifies Security of Tenure Bill as Urgent Teachers not exempted from Eight-Hour Workday DOLE supports Telecommuting Bill more

SC asks Government to comment on Petition to void Manila Bay Property Sale

MANILA, Aug 6 (PNA) - The Supreme Court (SC) ordered the Philippine Reclamation Authority (PRA), the Commission on Audit, the Register of Deeds for Parañaque City, the Light Railway Transit Authority and Manila Ba ...

Conchita Gloria and Another v Builders Savings and Loan Association Inc NEDA seeks solution to LGU Land Conflict, passage of Land Use Law Guidelines for the revised implementing Rules and Regulations to govern Section 18 of Republic Act No. 7279 more

Book Imports, Purchases to remain Tax-Exempt: DOF

MANILA, Sept 25 (PNA) - The Department of Finance (DOF) has assured the public on Tuesday that the purchase and importation of books will remain tax exempt under the second tax reform package of the Duterte administratio ...

First Philippine Utilities Corporation v Commissioner of Internal Revenue Commissioner of Internal Revenue v First Philippine Holdings Corporation and Another Appeal SC affirms 10-Centavo Levy on Marine Transport of Oil more

INDUSTRY UPDATES

Indonesia hands over Chairmanship of ASEAN Committee to Thailand

Jakarta, Sept 25 (ANTARA News) - Indonesian Ambassador to Kuwait, Tatang Budie Utama Razak, handed over the chairmanship of ASEAN Committee in Kuwait (ACK) for the period of January-June 2018 to ACK Chairman of the next period, Ambassador of Thailand to Kuwait, Dusit Manapan, on Sept 19.

Read More

INDUSTRY UPDATES

NLA receives Support from Labor Groups for Enactment of New Labor Protection Law

BANGKOK, Sept 26 (NNT) - Representatives of various labor groups have expressed support for the National Legislative Assembly’s enactment of a new version of the Labor Protection Act.

Read More

INDUSTRY UPDATES

House holds Marathon Budget Deliberations to meet October Deadline

MANILA, Sept 25 (PNA) - The House of Representatives is holding marathon deliberations - even extending the plenary session until the wee hours - on the proposed PHP3.757-trillion 2019 national budget to meet its approval deadline by October 12, Speaker Gloria Macapagal-Arroyo said on Tuesday.

Read More

INDUSTRY UPDATES

DOJ awaits BI Comments, Records on Fox Deportation Case

MANILA, Sept 25 (PNA) - Justice Secretary Menardo Guevarra has asked the Bureau of Immigration (BI) to file a formal comment on the petition for review of the government's deportation order against Australian missionary nun Patricia Fox.

Read More

INDUSTRY UPDATES

IPOPHL to roll out Green Lane for Trademark Applications

MANILA, Sept 25 (PNA) - The Intellectual Property Office of the Philippines (IPOPHL) is set to roll out a ‘green lane’ for trademark applications that will slash the average processing time for registration, which currently takes about eight months to be approved.

Read More

INDUSTRY UPDATES

BSP warns Public against Frauds, Scams

LEGAZPI CITY, Sept 25 (PNA) - The Bangko Sentral ng Pilipinas (BSP) on Tuesday warned the public against frauds and scams, in the wake of the fast approaching holiday season.

Read More

INDUSTRY UPDATES

Corporate Income Tax cuts won't lead to Job Losses

MANILA, Sept 25 (PNA) - Finance Undersecretary Karl Chua said the removal of certain incentives under the proposed tax reform measure will not result in job losses.

Read More

INDUSTRY UPDATES

Yangon Court allows Trial to resume in Celebrity Slaying

Yangon Region High Court decided on Monday to let the trial go ahead in the murder of Facebook celebrity Aung Ye Htwe and cancel the order by the district court to withdraw the case.

Read More

INDUSTRY UPDATES

Fundamental Freedoms must be aligned with International Standards - Dewan Rakyat Speaker

KUALA LUMPUR, Sept 25 (Bernama) - Parliamentarians have to ensure that the Federal Constitution and laws relating to freedom of expression, access to information and press freedom are in line with international human right standards, said Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof.

Read More

INDUSTRY UPDATES

SME Mart to assist Entrepreneurs Market Products Overseas

SHAH ALAM, Sept 24 (Bernama) - SME Mart, an initiative introduced by Dewan Ekonomi Usahawan Malaysia (DEUM) will serve as a platform for Small and Medium Enterprise (SME) entrepreneurs to sell their products on both the local and international market.

Read More

INDUSTRY UPDATES

SGX proposes New “trade at close” Session for Securities Market

Singapore Exchange (SGX) is seeking public feedback on the proposed introduction of a new trading session for the securities market, the “trade at close” (TAC), which will take place after the closing auction routine ends.

Read More

INDUSTRY UPDATES

PHL Officials to brief UK Investors on Opportunities in Infra, Other Sectors

A Duterte Cabinet delegation led by Finance Secretary Carlos Dominguez III will embark on a three-day mission to London this week to brief British investors on the vast business opportunities in the country’s infrastructure, energy and tourism sectors and explore ways to expand economic cooperation between the Philippines and the United Kingdom.

Read More

INDUSTRY UPDATES

DOF thanks House for Final OK of Corporate Tax Reform Bill

The Department of Finance (DOF) has thanked the House of Representatives for approving on third and final reading the bill seeking to lower the corporate income tax (CIT) and correct the convoluted incentives system for businesses, as it expressed optimism that the Senate would pass a similar measure soon enough to enable the people to reap the benefits of a fair, transparent and accountable tax system in the form of more investments and jobs.

Read More

INDUSTRY UPDATES

PH Ambassador to Bahrain participates in a Roundtable on International Labor Standards

MANAMA, Sept 24 - Philippine Ambassador to Bahrain Alfonso A. Ver participated in a roundtable discussion on various International Labor Organization’s (ILO) conventions on foreign workers with the ILO Direct Contact Mission to Bahrain on 18 September 2018.

Read More

INDUSTRY UPDATES

HK Business Seminar puts Spotlight on Investment Opportunities in PH

HONG KONG, Sept 24  - Top-level government officials reassured potential investors in Hong Kong that the Philippines under President Rodrigo Duterte is working “non-stop” to ensure that the necessary policies, fiscal measures and legal framework relating to ease of doing business and investments are in place.

Read More

INDUSTRY UPDATES

MAS outlines Enforcement Approach to deter, detect and investigate Breaches of Rules and Regulations

Singapore, Sept 24 - The Monetary Authority of Singapore (MAS) has published an Enforcement monograph to provide greater clarity and transparency into how MAS deters, detects, investigates and takes action against breaches of the rules and regulations it administers. The monograph outlines how MAS’ Enforcement Department works together with the other financial sector oversight functions in MAS to uphold Singapore’s reputation as a clean and trusted financial centre.

Read More

INDUSTRY UPDATES

International Maritime Community re-affirms Co-operation in the Straits of Malacca and Singapore

More than 180 participants from around 80 maritime administrations and organisations, as well as embassies in Singapore, attended the 11th Co-operation Forum this morning, where they reaffirmed their commitment to strengthen cooperation in the Straits of Malacca and Singapore (SOMS).

Read More

INDUSTRY UPDATES

Chartered Accountant and Lawyer among those who joined Scheme as Proxy Decision-Makers

Lawyer Haryadi Hadi, 35, decided to be a professional deputy as he has wealthy clients who are single, childless or have strained ties with their loved ones and they cannot find anyone to be their proxy decision-makers should they become mentally incapacitated.

Read More