philippines - General & Misc

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

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.
Date: 25 September 2018; Type: Industry Updates; 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

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

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.
Date: 25 September 2018; Type: Industry Updates; Source: Philippine News Agency

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.
Date: 25 September 2018; Type: Industry Updates; Source: Philippine News Agency

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 Kingd ...
Date: 23 September 2018; Type: Industry Updates; Source: Department of Finance

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.
Date: 24 September 2018; Type: Industry Updates; Source: Department of Foreign Affairs

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

Amended Law needed for 'Voter Registration Anywhere System': Comelec

MANILA, Sept 24 (PNA) - There is a need to amend Republic Act No. 8189 in order to allow the conduct of a “register anywhere” system, the Commission on Elections (Comelec) said Monday.
Date: 24 September 2018; Type: Legal News; Source: Philippine News Agency

Duterte has Legal Basis to propose Federalism: ConCom

MANILA, Sept 21 (PNA) - A member of the Consultative Committee (ConCom) tasked to draft a federal Constitution said Friday President Rodrigo Duterte has legal basis to propose the shift in the form of government from unitary to federalism.
Date: 21 September 2018; Type: Legal News; Source: Philippine News Agency

Palace leaves Proposed National Anthem Revision to Congress

MANILA, Sept 20 (PNA) - Malacañang said Thursday it is leaving to Congress the task of deciding on the proposal of Senator Vicente “Tito” Sotto III to change the last two lines of the national anthem.
Date: 20 September 2018; Type: Industry Updates; Source: Philippine News Agency

Senate Committee on Justice approves Judges-at-Large Bill

On 17 September 2018, the Senate Committee on Justice and Human Rights, through its Chairman Sen. Richard Gordon, passed the legislative proposals to create new positions for Judges-At-Large.
Date: 18 September 2018; Type: Legal News; Source: House of Representatives

Palace to SUC Execs: Free Speech must not violate CSC Rules

MANILA, Sept 19 (PNA) - Officials of state universities and colleges (SUCs) have the right to air their sentiments against President Rodrigo R. Duterte as long as they do not violate rules under the Civil Service law, Malacañang said on Wednesday.
Date: 19 September 2018; Type: Industry Updates; Source: Philippine News Agency

IPOPHL sets Patent Workshops, training to spur Protection, Commercialization of University Research

Seeing the need to protect, and make more of the research of Philippine universities and R&D institutions market-ready, the Intellectual Property Office of the Philippines (IPOPHL) is holding a series of patent drafting and patent search ‘writeshops’ and training nationwide.
Date: 18 September 2018; Type: Industry Updates; Source: Intellectual Property Office of The Philippines

Customs Treaty with Russia to facilitate Trade, prevent Smuggling

MOSCOW, Sept 18 - The Philippine Embassy in Moscow announced that the agreement regarding cooperation and mutual administrative assistance in customs matters have recently entered into force following completion of ratification procedures by the Philippines and Russia.
Date: 18 September 2018; Type: Legal News; Source: Department of Finance

TWG created to study Proposals to rationalize Fiscal Regime Applicable to Mineral Agreements

The House Committee on Ways and Means chaired by Rep. Estrellita Suansing (1st District, Nueva Ecija) today created a technical working group (TWG) that will study the bills pertaining to the establishment of a rationalized fiscal regime applicable to all mineral agreements.
Date: 17 September 2018; Type: Industry Updates; Source: House of Representatives

Pacquiao is New Chair of Senate Ethics Panel

MANILA, Sept 18 (PNA) - Senator Manny Pacquiao was elected Tuesday as chairman of the Senate Committee on Ethics, replacing Senate President Vicente Sotto III.
Date: 18 September 2018; Type: Industry Updates; Source: Philippine News Agency

Ease of Doing Business Consultations done in Two Weeks: DTI

TACLOBAN CITY, Sept 18 (PNA)  The Department of Trade and Industry (DTI) will complete the public consultations needed for drafting the implementing rules and regulations (IRR) of Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018 within two weeks.
Date: 18 September 2018; Type: Industry Updates; Source: Philippine News Agency

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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).

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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.

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