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

No Freeze in Intake of Foreign Workers - Ministry

KUALA LUMPUR, May 18 (Bernama) - The Human Resources Ministry has clarified that there is no freeze in the recruitment of foreign workers although many applications to bring in workers have been rejected for non-compliance with the law.

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INDUSTRY UPDATES

Actions against those who tarnish Judiciary's Image, Dignity, says CJ

PUTRAJAYA, May 17 (Bernama) - Actions will be taken against those who tarnish the judiciary's image and dignity, says Chief Justice Datuk Tengku Maimun Tuan Mat.

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INDUSTRY UPDATES

Right Decisions only Way for Judiciary to recover Glory - Attorney General

PUTRAJAYA, May 17 (Bernama) - Attorney-General Tommy Thomas says judges must always endeavour to make the right decisions, without fear or favour, and regardless of the personality of the party or the accused before them.

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INDUSTRY UPDATES

Transport Ministry makes it More Flexible for e-hailing Drivers to obtain PSV Licence

KUALA LUMPUR, May 17 (Bernama) - The Ministry of Transport is willing to make it easier for e-hailing drivers to clock in the six hours of course time to obtain a Public Transport Vehicle (PSV) licence.

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INDUSTRY UPDATES

RM1.56 Mln Fine on Poachers, highest so far for Wildlife Crimes

PUTRAJAYA, May 17 (Bernama) - The Kuala Terengganu Sessions Court's decision to fine RM1.56 million each on two Vietnamese poachers has been the highest amount so far for wildlife crimes in the country's history, said Water, Land and Natural Resources Minister Dr Xavier Jayakumar.

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INDUSTRY UPDATES

Delegation of Lawmakers visit Netherlands

Hanoi, May 15 (VNA) - A delegation of the National Assembly’s Committee on Laws led by the committee’s vice chairman Pham Tri Thuc has just paid a working visit to the Netherlands.

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INDUSTRY UPDATES

Adib Inquest: Lawyer grills Forensics Expert on 'Probability Report'

SHAH ALAM, May 16 (Bernama) - A lawyer questioned the ‘probability report’ of a specialist medical witness in the inquest into the death of Muhammad Adib Mohd Kassim, that injuries to the right chest of the firefighter were caused by a curb or road shoulder.

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INDUSTRY UPDATES

Telecom Regulator proposes Online Sim Card Registration

The Lao Telecommunication Regulatory Authority is developing an application for use as a possible option to speed up sim card registration.

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INDUSTRY UPDATES

Government agrees to appoint a Youth to represent them in the Senate

BANGI, May 15 (Bernama) - Prime Minister Tun Dr Mahathir Mohamad announced that the government has agreed to appoint a member of the Senate from among the youths with wide expertise and knowledge in the field and issues on the development of youths.

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INDUSTRY UPDATES

MoF sets up Debt Management Office

KUALA LUMPUR, May 15 (Bernama) - The Ministry of Finance has set up the Debt Management Office (DMO) to review and manage the government’s debt and liabilities.

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INDUSTRY UPDATES

Additional Appellate Court would be a timely upgrade

In order to curb the increased caseload on the Court of Appeal, a new appellate court may be introduced by the Government to support it, a move that may end up in restructuring of Supreme Court.

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INDUSTRY UPDATES

RoK helps Vietnam accelerate Judicial Reform

Hanoi, Apr 26 (VNA) - The Supreme People’s Court and the Korea International Cooperation Agency (KOICA) launched a project on improving trial transparency and quality at Vietnamese courts during a ceremony in Hanoi on April 26.

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INDUSTRY UPDATES

DOLE announces 29 Job Fir Venues Nationwide on Labor Day

MANILA, Apr 29 (PNA) - The Department of Labor and Employment (DOLE) is inviting job seekers to a nationwide job fair on May 1.

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INDUSTRY UPDATES

Universities, Industry Players to join forces for IR 4.0

GEORGE TOWN, Apr 29 (Bernama) - The joint forces of the brains in the universities and the capacity and capabilities of key industries will make a change for a better world through the Fourth Industrial Revolution (IR 4.0), said Universiti Sains Malaysia (USM) vice-chancellor Prof Dr Asma Ismail.

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INDUSTRY UPDATES

BNM appoints Two External Members to Monetary Policy Committee

KUALA LUMPUR, Apr 29 (Bernama) - Bank Negara Malaysia (BNM) has reappointed Professor Dr Yeah Kim Leng and appointed Datuk Dr Gan Wee Beng as external members of its Monetary Policy Committee (MPC) effective April 1, 2019.

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INDUSTRY UPDATES

Doing nothing about Disruptive Tech would be biggest Mistake: CJ

The speed at which law firms incorporating AI into their work processes poses threat to lawyers getting out of jobs, and urged the lawyers to seize the moment and be at the frontline of technological change, warning that the "biggest mistake" would be to do nothing.

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INDUSTRY UPDATES

Government Agencies urged not to use Unlicensed Software

MANILA, Apr 26 (PNA) - The Intellectual Property Office of the Philippines (IPOPHL) on Friday urged government agencies to use licensed software to prevent copyright infringement in the country.

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INDUSTRY UPDATES

Kula Segaran to chair ASEAN Labour Minister Special Session in Singapore

KUALA LUMPUR, Apr 28 (Bernama) - Human Resource Minister M. Kula Segaran will lead the Malaysian delegation to the Special Session of the ASEAN Labour Ministers and Singapore Conference on Future of Work which will be held in Singapore tomorrow (April 29).

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