philippines - Contracts & Commercial - News

SC reinstates raps vs Parojinog over Anomalous Building Contract

MANILA, Mar 18 (PNA) - The Supreme Court (SC) reinstated the graft case against embattled Ozamiz City Vice Mayor Nova Princess E. Parojinog-Echavez in connection with irregularities in the contract for the renovation of the city’s multi-purpose building 10 years ago.
Date: 18 March 2019; Type: Legal News; Source: Philippines News Agency

Clear Rules on revoking Franchises of under-performing DUs sought

MANILA, Feb 22 (PNA) - A senator on Friday stressed the need for a clear policy on the recommendation for revocation of franchises to hold underperforming distribution utilities (DUs) accountable for failing to fulfill their duties and responsibilities under the Electric Power Industry Reform Act (EPIRA) law.
Date: 22 February 2019; Type: Legal News; Source: Philippine News Agency

Startups, MSMEs soon to benefit from Twin Bills on Innovation

Two bills that seek to promote innovation and provide benefits to startups and Micro, Small and Medium Enterprises (MSMEs) were approved by both houses of Congress and are now a step closer to becoming laws.
Date: 11 February 2019; Type: Legal News; Source: Philippine News Agency

CA rejects Rosanna Roces' plea in Breach of Contract Case

MANILA, Jan 23 (PNA) - The Court of Appeals (CA) has turned down the appeal of actress Rosanna Roces on its earlier decision which found her liable for breach of contract and ordered her to pay PHP3.1 million in damages to a beauty clinic.
Date: 23 January 2019; Type: Legal News; Source: Philippine News Agency

Bill empowering MSMEs gets Final House Nod

MANILA, Dec 19 (PNA) - The House of Representatives has unanimously approved on third and final reading a measure seeking to strengthen, empower, and enhance the financing programs for Micro, Small and Medium Enterprises (MSMEs).
Date: 19 December 2018; Type: Legal News; Source: Philippine News Agency

House to take up Innovative Startup bill

The House of Representatives is set to take up House Bill No. 3057 or the Innovative Startup Act which seeks to improve the existing startup ecosystem in order to encourage the long-term growth of such businesses.
Date: 20 November 2018; Type: Legal News; Source: House of Representatives

Financial Consumer Protection Bill hurdles House Panel

MANILA , Nov 13 (PNA)- The House of Representatives’ committee on banks and financial intermediaries on Tuesday approved a measure providing protection to financial consumers.
Date: 13 November 2018; Type: Legal News; Source: Philippine News Agency

Bill on Fiscal Regime for Mining Industry hurdles House

MANILA, Nov 12 (PNA) - The House of Representatives on Monday approved on third and final reading a measure seeking to establish a fiscal regime for the mining industry.
Date: 12 November 2018; Type: Legal News; Source: Philippine News Agency

Advocacy Groups, Mothers want IRR for Toy Labeling Law out soon

MANILA, Oct 24 (PNA) - Advocacy groups EcoWaste Coalition, Laban Konsyumer Inc. and about 20 mothers petitioned the Quezon City Regional Trial Court to compel the Department of Trade and Industry (DTI) and the Department of Health (DOH) to finally come up with the implementing rules and regulations (IRR) for the Toy and Game Safety Labeling Act of ...
Date: 24 October 2018; Type: Industry Updates; Source: Philippine News Agency

Bill on Mining Fiscal Regime hurdles Second Reading at House

MANILA, Oct 10 (PNA) - The House of Representatives on Wednesday night approved on second reading a measure seeking to establish a fiscal regime for the mining industry.
Date: 10 October 2018; Type: Legal News; Source: Philippine News Agency

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 void ab initio (from the beginning).
Date: 31 August 2018; Type: Legal News; Source: Philippine News Agency

Senate approves Innovative Startup Bill

MANILA, May 16 (PNA) - The Senate on Wednesday approved on third and final reading a proposed measure that seeks to give business entrepreneurs a better chance of succeeding in the industry by providing them with tax breaks and other forms of assistance. Senate Bill No. 1532, or the “Act Providing Benefits and Programs to Strengthen, Pro ...
Date: 16 May 2018; Type: Legal News; Source: Philippine News Agency

ABAC PH adds Digital Innovation, Infrastructure to its Priority Areas

The APEC Business Advisory Council (ABAC) Philippines has added digital innovation and infrastructure to its priority areas. Along with its thrusts on MSMEs, Non-Tariff Barriers, and Services, ABAC Philippines seeks to tackle the impact of digital technologies on education and future jobs and take advantage of regional opportunities that may comple ...
Date: 15 April 2018; Type: Industry Updates; Source: Department of Trade and Industry

House Panel okays Two Pro-Entrepreneurship Bills

MANILA, Apr 12 (PNA) - A House of Representatives' panel has approved the funding provisions of two bills designed to promote entrepreneurship in the country. The House committee on appropriations passed House Bill (HB) No. 3335, known as the "Government Employees' Entrepreneurship Development Act", and HB 5158 or an "Act providing a socialize ...
Date: 12 April 2018; Type: Legal News; Source: Philippine News Agency

Duterte approves Six-Year MSME Development Plan

KUALA LUMPUR, Apr 11 (Bernama) - The Anti-Fake News 2018 is a deterrence law to give a clear message that each individual is responsible for sharing correct, healthy and valid news and information. Minister in the Prime Minister's Department Datuk Seri Azalina Othman Said in a statement today said the law was also the first of its kind in the ...
Date: 11 April 2018; Type: Legal News; Source: Philippine News Agency

PH successfully completes its Fifth Trade Policy Review in the World Trade Organization

Apr 2 - Member economies of the World Trade Organization (WTO) praised the Philippines’ economic performance as it completes its 5th Trade Policy Review in the World Trade Organization on 26 and 28 March 2018 in Geneva, Switzerland. The Review evaluates the country’s trade policy regime from 2012 to 2017.
Date: 02 April 2018; Type: Legal News; Source: Department of Foreign Affairs

Senate concurs to Five IMO Conventions and Two FAO Agreements

MANILA, Mar 9 - The Department of Foreign Affairs announced on 05 March that the Senate has concurred to the accession by the Philippines to five Conventions of the International Maritime Organization (IMO) on marine environmental protection, navigational safety and safety of seafarers and to two FAO Agreements to combat illegal, unreported and unr ...
Date: 09 March 2018; Type: Legal News; Source: Department of Foreign Affairs

House to strengthen Malunggay Industry

The House committee on agriculture and food chaired by Rep. Jose Panganiban, Jr. approved four bills seeking to develop and strengthen the malunggay industry in the country.
Date: 07 March 2018; Type: Legal News; Source: Philippine News Agency

Senate ratifies Free Trade Accord with EFTA States

MANILA, Mar 5 (PNA) - The Senate on Monday unanimously ratified the Philippines' Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) States, paving the way for improved market access for Philippine goods and services into Europe. The FTA with the EFTA states - the Switzerland Confederation, the Kingdom of Norway, the Rep ...
Date: 05 March 2018; Type: Legal News; Source: Philippine News Agency

PH-EU Partnership, Cooperation Deal takes effect on March 1

MANILA, Feb 28 (PNA) - The Partnership and Cooperation Agreement (PCA) between the European Union (EU) and the Philippines will enter into force on March 1, the EU Delegation in Manila said Wednesday. In a statement, EU Ambassador to the Philippines Franz Jessen welcomed the movement on the two parties' bilateral ties. "I am happy to see ...
Date: 28 February 2018; Type: Legal News; Source: Philippine News Agency

INDUSTRY UPDATES

Malanjum keeping Mum about his Successor

KUALA LUMPUR, Mar 20 (Bernama) - Chief Justice Tan Sri Richard Malanjum, who is due for compulsory retirement in April only smiled broadly and chose to remain secretive when asked about his successor.

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MP Noh Omar expelled from Dewan Rakyat for Three Days

KUALA LUMPUR, Mar 19 (Bernama) - Tanjung Karang MP Tan Sri Noh Omar has been expelled from the Dewan Rakyat for three days from today.

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INDUSTRY UPDATES

ICC Prosecutors to be deported if they Probe Drug War

MANILA, Mar 18 (PNA) - Prosecutors of the International Criminal Court (ICC), who will enter the Philippines to investigate the Duterte administration’s war on drugs, may be deported, Malacañang said on Monday.

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INDUSTRY UPDATES

Selangor wants tougher Environmental Laws

SHAH ALAM, Mar 17 (Bernama) - The Selangor government wants to enforce more stringent laws to address issues related to environmental pollution in the state, said Menteri Besar Amirudin Shari.

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INDUSTRY UPDATES

Rosmah's Graft Case transferred to High Court

KUALA LUMPUR, Mar 15 (Bernama) - The High Court here today allowed the prosecution's application to transfer from the Sessions Court to the High Court the case involving two graft charges filed against Datin Seri Rosmah Mansor, who is the wife of former Prime Minister Datuk Seri Najib Tun Razak.

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INDUSTRY UPDATES

IBP condemns Slay of another Lawyer in DavNor

MANILA, Mar 14 (PNA) - The Integrated Bar of the Philippines (IBP) on Thursday urged authorities to take action on the latest killing of a lawyer, Rex Jasper Lopoz, who was gunned down last March 13 in front of a shopping mall in Tagum City, Davao del Norte.

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INDUSTRY UPDATES

IPOPHL brings IP-focused MCLE Program to Cebu

MANILA, Mar 14 (PNA) - The Intellectual Property Office of the Philippines (IPOPHL) will be mounting the 2019 edition of the Mandatory Continuing Legal Education (MCLE) this March in Cebu, to expand its education drive and reach out to IP practitioners in the Visayas.

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INDUSTRY UPDATES

ASEAN aims at creating Future Digitally-Skilled Youths

Jakarta, Mar 14 (ANTARA) - Seven ASEAN member states, through the ASEAN Digital Innovation Programme initiated by the ASEAN Foundation in collaboration with Microsoft, aim to create digitally-skilled youths prepared to tackle challenges of the digital workspace in future.

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INDUSTRY UPDATES

Tanintharyi Landholders sued under New Law

Local government officials and companies are already using the recently amended land law to remove villagers from disputed land, according to lawyers in southern Myanmar.

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INDUSTRY UPDATES

SC to facilitate Greater Investor Inclusiveness

KUALA LUMPUR, March 14 (Bernama) - Opening local corporate bonds and sukuk to retail investors who meet the requirements set are among the steps taken by the Securities Commission Malaysia (SC) to promote investors inclusiveness in the local market.

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INDUSTRY UPDATES

SC aims Further Expansion of Islamic Capital Market, says Chairman

KUALA LUMPUR, March 14 (Bernama) - The Securities Commission (SC), the regulatory body of the capital market, aim to foster growth that is premised on long-term value creation by intensifying efforts to further expand the Islamic capital market as well as the closely-linked sustainable finance segment.

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INDUSTRY UPDATES

National E-Document Exchange Platform launched

Hanoi, Mar 12 (VNA) - The Government Office held a ceremony in Hanoi on March 12 to launch the National E-Document Exchange Platform, a move towards a digital government and economy.

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INDUSTRY UPDATES

Cabinet approves 5Bn Baht Agro Subsidies

BANGKOK, Mar 13 (NNT) - The weekly Cabinet meeting has allocated another five billion baht to support rice agriculture during the current production year.

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INDUSTRY UPDATES

CJ seeks to remove Parts of Hamid Sultan's Affidavit

KUALA LUMPUR, Mar 13 (Bernama) - Chief Justice Tan Sri Richard Malanjum today filed an application to remove parts of the supporting affidavit filed Court of Appeal Judge Datuk Dr Hamid Sultan Abu Backer in the lawsuit by the late Karpal Singh’s daughter, claiming that it was outrageous, insulting and an attack to the Judiciary.

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INDUSTRY UPDATES

Up to PM to shortlist Candidates for CJ's Post - Liew

KUALA LUMPUR, Mar 12 (Bernama) - The Law Minister in the Prime Minister’s Department Datuk Liew Vui Keong today said that he has no information about the candidates shortlisted to be appointed as the new Chief Justice to replace Tan Sri Richard Malanjum who will retire from the post next month.

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INDUSTRY UPDATES

Sabah helps Children without Documents through Legalization Program

KOTA KINABALU, Mar 12 (Bernama) - Children born in Sabah and categorised as foreigners even though one of their parents were local residents, will be given aid through a legalisation programme which will ensure a better future for them.

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INDUSTRY UPDATES

CJ warns against allowing Politics to be Judicialized

Courts should not be invited to resolve issues usually addressed through the political process such as matters of national identity and religious freedom, said the Chief Justice Sundaresh Menon, who has also reminded that Court's business is not to formulate policy but to find the facts presented and apply the law.

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ICC violating Own Provisions: Palace

MANILA, Mar 12 (PNA) - If the International Criminal Court (ICC) will force its jurisdiction over the Philippines to investigate the Duterte administration’s war on drugs, this would mean that it would be violating its own provisions, Malacañang said on Monday.

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