philippines - Real Estate - News

House approves Bill on Idle Government-owned Lands Disposition

The House of Representatives approved on second reading House Bill 8553 or the “Idle Government-Owned Lands Disposition,” which seeks to prescribe the mechanisms to facilitate the disposition of unused properties that are owned by the government for socialized housing.
Date: 01 December 2018; Type: Legal News; Source: House of Representatives

SC junks Petition vs 2016 QC Ordinance on Property Valuation Hike

MANILA, Oct 24 (PNA) - The Supreme Court (SC) turned down a suit questioning a Quezon City ordinance passed two years ago that increased the fair market values (FMVs) of land, buildings, and other structures in the city from 100 percent to as much as 500 percent.
Date: 24 October 2018; Type: Legal News; Source: Philippine News Agency

House pushes for Property Valuation Reforms

MANILA, Oct 16 (PNA) - The House of Representatives approved on second reading a measure seeking to reform the country’s real property valuation and assessment system.
Date: 16 October 2018; Type: Legal News; Source: Philippine News Agency

Senate passes Bill creating Department of Human Settlements

MANILA, Oct 8 (PNA)  The Senate on Monday passed on third and final reading a proposed measure that would create the Department of Human Settlements and Urban Development.
Date: 08 October 2018; Type: Legal News; Source: Philippine News Agency

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 Bay Development Corp. (MBDC) to file a comment on the petition filed by a partylist solon seeking the reconveyance of 44 hectares of ...
Date: 06 August 2018; Type: Legal News; Source: Philippine News Agency

NEDA seeks solution to LGU Land Conflict, passage of Land Use Law

MANILA, June 20 (PNA) - The NEDA Board’s National Land Use Committee (NB-NLUC) pushed for the immediate resolution of boundary conflicts among Local Government Units (LGUs) and reiterated its call for the passage of the proposed National Land Use Act (NaLUA).
Date: 20 June 2018; Type: Legal News; Source: Philippine News Agency

Landbank Board okays PDS Shares Purchase

MANILA, Mar 2 (PNA) - The Board of Directors of state-owned Land Bank of the Philippines (Landbank) has approved the planned acquisition of Philippine Dealing System Holdings Corp. (PDS) stakes at PHP360 apiece.
Date: 02 March 2018; Type: Legal News; Source: Philippine News Agency

Irrigable Lands’ Conversion Ban hurdles House’s Third Reading

MANILA, Feb 20 (PNA) - The House of Representatives on Tuesday unanimously approved a measure penalizing the conversion of irrigated and irrigable lands for non-agricultural purposes to ensure food security in the country.
Date: 20 February 2018; Type: Legal News; Source: Philippine News Agency

House okays Bill on Irrigable Lands' Conversion Ban

MANILA, Feb 15 (PNA) - The House of Representatives has approved on second reading a measure penalizing the conversion of irrigated and irrigable lands for non-agricultural purposes to ensure food securtiy in the country.
Date: 15 February 2018; Type: Legal News; Source: Philippine News Agency

House OKs Creation of New Government Housing Body

MANILA, Feb 14 (PNA) - The House of Representatives on Tuesday approved a measure creating the Department of Human Settlements and Urban Development.
Date: 14 February 2018; Type: Legal News; Source: Philippine News Agency

House OKs Creation of Human Settlements and Urban Development Department

The House of Representatives has approved on second reading House Bill 6775 seeking to create a Department of Human Settlements and Urban Development that would address the basic housing needs and requirements of Filipino families.
Date: 02 February 2018; Type: Legal News; Source: House of Representatives

Makati extends Deadline for Business, Realty Tax Payments

MANILA, Jan 21 (PNA) - The Makati City government has extended the deadline of assessment of business permits without penalty to Jan. 25, and the payment of business and realty taxes to Jan. 31, following the approval by the City Council of City Ordinance No. 2018-001.
Date: 21 January 2018; Type: Legal News; Source: Philippine News Agency

House declares Mayon, Zambo Parks Protected Areas

Mayon Volcano Natural Park in Albay province and the Pasonanca Natural Park in Zamboanga City are now protected areas under two bills approved by the House of Representatives.
Date: 15 January 2018; Type: Legal News; Source: House of Representatives

Ban in Conversion of Irrigable Lands soon

The House committee on agrarian reform chaired by Rep. Rene Relampagos (1st District, Bohol) has approved a substitute bill seeking to prohibit the conversion of irrigated and irrigable lands for non-agricultural purposes.
Date: 06 January 2018; Type: Legal News; Source: Philippine News Agency

House moves to declare Kalayaan Island Group Alienable Land

The House committee on natural resources chaired by Rep. Arnel Ty (Party-list, LPGMA) approved House Bill 5614 which seeks to declare the Kalayaan Island Group situated in the province of Palawan as alienable and disposable land for agricultural, residential and commercial purposes.
Date: 26 December 2017; Type: Legal News; Source: House of Representatives

House moves to strengthening Right of Government to expropriate Lands

The House of Representatives approved on third and final reading House Bill 159 which seeks to strengthen the right of the government to expropriate lands for the purposes of socialized housing.
Date: 29 November 2017; Type: Legal News; Source: House of Representatives

Committee passes Bill declaring Barangay Krus na Ligas a Disposable Asset for Housing

The House committee on Housing and Urban Development passed House Bill 165 declaring a portion of the University of the Philippines in Diliman, Quezon City, Barangay Krus na Ligas as a disposable asset for housing and urban settlement.
Date: 23 November 2017; Type: Legal News; Source: House of Representatives

House includes Building Code in Engineering Courses

The House committee on higher and technical education chaired by Rep. Ann Hofer (2nd District, Zamboanga Sibugay) on Monday created a technical working group (TWG) that will fine-tune House Bill 5908 which seeks to include the National Building Code of the Philippines (NBCP) among the subjects of engineering courses.
Date: 21 November 2017; Type: Legal News; Source: House of Representatives

House approves Bill rationalizing DAR Rules for Land Registration

The House of Representatives has approved on second reading House Bill 6589 seeking to rationalize the requirements imposed by the Department of Agrarian Reform regarding land registration to enable smooth and speedy transactions between DAR agents and the public.
Date: 24 October 2017; Type: Legal News; Source: House of Representatives

House Approves Bill expropriating Lands for Socialized Housing

The House of Representatives has approved on second reading a bill seeking to strengthen the right of government to expropriate lands for socialized housing.
Date: 17 October 2017; Type: Legal News; Source: House of Representatives

INDUSTRY UPDATES

House Panel to probe 'Budget Anomalies' in January

MANILA, Dec 13 (PNA) - The House of Representatives rules committee will start its investigation on the alleged “budget anomalies and questionable allocations” by the Department of Budget and Management (DBM) on January 3, Majority Leader Rolando Andaya Jr. announced on Thursday.

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ASEAN launches Safe Migration Campaign

Jakarta, Dec 12 (ANTARA News) - The Association of Southeast Asian Nations (ASEAN) has launched a safe migration campaign to increase public awareness of the advantages of employing migrant workers.

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Nation celebrates Universal Declaration of Human Rights

Government agencies and diplomatic and international organisation representatives gathered in Vientiane to mark the 70th anniversary of the Universal Declaration of Human Rights and its lasting impact, which was supported by the United Nations, European Union and Australia.

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SC welcomes Malaysia's Improved Ranking in Corporate Governance

KUALA LUMPUR, Dec 13 (Bernama) - The Securities Commission Malaysia (SC) is encouraged by the recognition of Malaysia's initiatives to improve corporate governance, which was a result of the collective effort by various stakeholders.

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MyCC to identify Anti-Competitive Elements in Eggs Market

KUALA LUMPUR, Dec 13 (Bernama) - The Malaysia Competition Commission (MyCC) is working closely with the Ministry of Domestic Trade and Consumer Affairs (MDTCA) to identify any anti-competitive elements that may occur in the domestic market for chicken eggs.

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MITI, MIDA, Intel hold IoT Forum to review Progress

KUALA LUMPUR, Dec 12 (Bernama) - The Ministry of International Trade and Industry (MITI), Malaysian Investment Development Authority (MIDA) and Intel Malaysia conducted the Internet of Things (IoT) Malaysia Forum 2018 yesterday to review IoT’s progress since its introduction five years ago.

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Unions request Government to set Workers’ Minimum Wage

Unions have asked the government to set the minimum wage for the construction and service sectors and to solve the five other major problems facing them, a statement released on International Human Rights Day on Monday said.

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Dewan Rakyat adjourns, Reform Agenda implemented - Speaker

KUALA LUMPUR, Dec 11 (Bernama) - The reform agenda of the Parliament was implemented at the second meeting of the first term of the 14th Parliament which came to a close today after sitting for 30 days since Oct 15.

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Court proposes Mediation in Theresa Kok's Suit against Jamal

KUALA LUMPUR, Dec 11 (Bernama) - The High Court today proposed that Primary Industries Minister Teresa Kok who filed a libel suit against Datuk Seri Jamal Md Yunos over alleged misuse of Yayasan Warisan Anak Selangor (Yawas) funds, resolve the case via mediation.

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Vietnam, Laos boost Judicial Cooperation

Hanoi, Dec 10 (VNA) - Vietnamese Minister of Justice Le Thanh Long and his Lao counterpart Xaysi Santivong agreed to work closely together to launch a bilateral cooperation programme for 2019, during their talks in Hanoi on December 10.

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Nation marks Constitution Day

BANGKOK, 10th December 2018 (NNT) - Today marks National Constitution Day, observing the importance of the administrative document and celebrating its 20 incarnations throughout the democratic history of Thailand.

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INDUSTRY UPDATES

Court has Final Say on Trillanes' Travel Abroad: DOJ

MANILA, Dec 10 (PNA) - Justice Secretary Menardo Guevarra on Monday said the Bureau of Immigration (BI) will not prevent Senator Antonio Trillanes IV from traveling abroad if no travel ban is handed down by the courts against him.

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Government concerned about Readiness of SMEs to adopt Industry 4.0

KUALA LUMPUR, Dec 10 (Bernama) - The Government is concerned about the readiness of local industries, particularly Small and Medium Enterprises (SMEs), to adopt Industry 4.0.

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Memorandum of Understanding between Bank Negara Malaysia and Dubai Financial Services Authority

On 28 November 2018, Bank Negara Malaysia (BNM) and Dubai Financial Services Authority (DFSA) had signed a Memorandum of Understanding (MoU) on supervisory cooperation for effective supervision of banking and insurance/ takaful/ reinsurance institutions operating in both countries.

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DFA holds first ever Gender and Development Assembly

MAKATI, Dec 6- As part of the Department of Foreign Affairs’ (DFA) programs to continually mainstreaming gender and development (GAD) policies in its programs and activities, it hosted the agency’s first ever Gender and Development (GAD) Assembly at the Makati Diamond Residences on 06 to 08 November 2018.

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Vietnam, Cambodia PMs attend Business Forum

Vietnam and Cambodia could make their two-way trade value at US$7-8 billion by 2020 as they have established sound cooperation across sectors and their governments have regularly taken measures to remove difficulties for businesses, Prime Minister Nguyen Xuan Phuc said.

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INDUSTRY UPDATES

Cambodia, Laos set to boost Bilateral Trade

Cambodia and Laos have pledged to boost trade and investment across their border, while trade volume between the two countries last year was just over $27 million, according to the Cambodian Ministry of Commerce.

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INDUSTRY UPDATES

Revenue Department says it does not collect Higher Tax from Online Merchants

BANGKOK, Dec 8 (NNT) - The Revenue Department has insisted that the Revenue Code Amendment Act draft is not intended to make online merchants pay more tax but to analyze the behavior of taxpayers.

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