philippines - Real Estate - News

Idle Government-Owned Lands Disposition Bill approved on Final Reading

Unused government-owned properties shall soon be utilized for more socialized housing projects as the House of Representatives passed on third and final reading House Bill 8553 or the proposed “Idle Government-Owned Lands Disposition Act.”
Date: 06 January 2019; Type: Legal News; Source: House of Representatives

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

INDUSTRY UPDATES

Retired SC Justice Azcuna 'Selfless Government Worker': Palace

MANILA, Feb 15 (PNA) - Malacañang wished retired Supreme Court (SC) Associate Justice Adolfo Azcuna the best as he celebrates his 80th birthday on Saturday.

Read More

INDUSTRY UPDATES

Rule of Law followed in Ressa Arrest

MANILA, Feb 15 (PNA) - Malacañang on Friday said the rule of law was followed in the arrest of Rappler chief executive officer Maria Ressa for cyberlibel amid criticisms of suppressing press freedom.

Read More

INDUSTRY UPDATES

Rebuilding ASEAN’s Financial Safety Net

Singapore and Indonesia signed a US$10 billion (K15.23 trillion) bilateral swap agreement last October, allowing the two countries to assist each other during times of financial stress through US dollar loans. The move signalled a willingness by ASEAN countries to play a bigger and more direct role in strengthening the region’s financial stability, but there is still much more to do.

Read More

INDUSTRY UPDATES

Judiciary lodges Police Report over Allegations in Affidavit

PUTRAJAYA, Feb 15 (Bernama) - The Judiciary has lodged a police report over allegations made against unnamed judges and the institution in the affidavit made by a sitting Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer.

Read More

INDUSTRY UPDATES

Blind Woman's Persistence to become Lawyer bears Fruit

KUALA LUMPUR, Feb 15 (Bernama) - ‘Where there’s a will, there’s a way’, this proverb illustrates the determination and diligence of a visually impaired young woman who has achieved her dream of becoming a lawyer.

Read More

INDUSTRY UPDATES

Lawyer urges Government and CJ to address Justice Hamid's Revelations

KUALA LUMPUR, Feb 15 (Bernama) - Lawyer Sangeet Kaur Deo has called on the government and Chief Justice to immediately look into the claims by Court of Appeal judge Datuk Dr Hamid Sultan Abu Backer, contained in his affidavit which revealed misconduct of top judges and judicial interference.

Read More

INDUSTRY UPDATES

Decision on Minimum Wage Increases due in March

BANGKOK, Feb 13 (NNT) - The final decision on Minimum Wage increases will be made in March, with new rates to vary in accordance with economic conditions in each province.

Read More

INDUSTRY UPDATES

No Violation of Ressa's Civil Rights: DOJ

MANILA, Feb 14 (PNA) - Justice Secretary Menardo Guevarra on Thursday assured full protection of the civil rights of online news website Rappler's publisher Maria Ressa, who was arrested on Wednesday in connection with a cyber libel complaint filed against her and the media firm by a private individual.

Read More

INDUSTRY UPDATES

DOTr inks Deal on Common Station Construction

MANILA, Feb 13 (PNA) - The Department of Transportation (DOTr) on Wednesday signed a contract with a private consortium for the construction of Area A of the Unified Grand Central Station (UGCS) or the common station which is located between SM North Edsa and Trinoma in Quezon City.

Read More

INDUSTRY UPDATES

Men too face Sexual Harassment at Workplace

SUNGAI PETANI, Feb 14 (Bernama) - Men too have been recorded as being victims of sexual harassment at the workplace, said Women, Family and Community Development Deputy Minister, Hannah Yeoh.

Read More

INDUSTRY UPDATES

LHDN launches eProcurement System, Suppliers' Portal

CYBERJAYA, Feb 13 (Bernama) - The Inland Revenue Board (LHDN) has launched the eProcurement (eP) system and the Suppliers’ portal as a continuous effort to improve service delivery to suppliers or tenderers dealing with the agency.

Read More

INDUSTRY UPDATES

Government affirms NCPO Order 2/2019 is Fake

BANGKOK, Feb 11 (NNT) - The Government has affirmed that the circulating NCPO Order 2/2019 is fake.

Read More

INDUSTRY UPDATES

ASEAN Secretariat calls for Nominations for ASEAN Prize 2019

Jakarta(ANTARA News) - Jakarta-based ASEAN Secretariat calls for nominations for the prestigious regional award ASEAN Prize 2019 acknowledging an individual`s or organization`s inspiring and outstanding achievements in fostering the ASEAN identity, promoting ASEAN spirit, and championing ASEAN way.

Read More

INDUSTRY UPDATES

Thousands of Workers march for stronger Labour Laws

Thousands of workers on Sunday marched in downtown Yangon to demand that the country’s labour laws meet International Labour Organisation (ILO) standards.

Read More

INDUSTRY UPDATES

ASEAN NCAP labelling Guideline Compliance to become Compulsory from March 2020

PUTRAJAYA, Feb 12 (Bernama) - Starting March 1 next year, automotive companies selling motor vehicles in Malaysia will be compelled to comply with the ASEAN New Car Assessment Programme (ASEAN NCAP) Labelling Guideline.

Read More

INDUSTRY UPDATES

New Policies, Incentives needed under EAC to spur Investments

KUALA LUMPUR, Feb 12 (Bernama) - New policies and incentives must be formulated to encourage both domestic and foreign private investments for the newly minted Economic Action Council (EAC) to achieve its aim of stimulating sustainable growth.

Read More

INDUSTRY UPDATES

SC Chairman elected Vice Chair of International Organisation of Securities Commission

KUALA LUMPUR, Feb 12 (Bernama) - The Securities Commission Malaysia (SC) chairman Datuk Syed Zaid Albar has been elected vice-chair of the International Organisation of Securities Commissions (IOSCO) Growth and Emerging Markets (GEM) Committee.

Read More

INDUSTRY UPDATES

Economic Action Council formed

PUTRAJAYA, Feb 11 (Bernama) - The Prime Minister’s Office (PMO) today announced the establishment of the Economic Action Council, which is tasked with scrutinising and making decisions regarding economic and financial affairs as well as the people's well-being.

Read More