philippines - Real Estate - News

Prime Minister orders Major National Land Use Review

Hanoi, Jun 20 (VNA) - Prime Minister Nguyen Xuan Phuc has asked the Ministry of Natural Resources and Environment, people’s committees at all levels and other relevant agencies to review their land use starting on August 1, 2019.
Date: 20 June 2019; Type: Legal News; Source: Philippine News Agency

SC affirms Real Estate Tax Exemption for MWSS

MANILA - The Supreme Court (SC) stopped the Quezon City government from auctioning off the properties of the Metropolitan Waterworks and Sewerage System (MWSS) to settle unpaid taxes in excess of PHP237 million.
Date: 06 March 2019; Type: Legal News; Source: Philippine News Agency

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

INDUSTRY UPDATES

Tax Academy offers Online Courses for BIR, BOC Employees

MANILA, Jul 18 (PNA) - The Philippine Tax Academy (PTA) has completed the development of 14 competency-based mandatory online studies required for new hires at the Bureau of Customs (BOC) as well as refresher courses for existing BOC employees, the Department of Finance (DOF) announced in a statement on Thursday.

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INDUSTRY UPDATES

PRRD to only face PH Court

MANILA, Jul 17 (PNA) - President Rodrigo Duterte has no intention to face the international tribunal stressing that he would only answer to the Philippine courts.

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INDUSTRY UPDATES

Court cautions Najib against posting Statements on his Trial

KUALA LUMPUR, Jul 18 (Bernama) - The High Court here today cautioned Datuk Seri Najib Tun Razak against posting any more statements in social media pertaining to his SRC trial or risk being cited for contempt of court.

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INDUSTRY UPDATES

Bank Muamalat: 'Court did not find us Guilty of Union-Busting'

KUALA LUMPUR, Jul 18 (Bernama) - Bank Muamalat Malaysia Bhd today said it was never found guilty of union-busting or had breached any law.

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INDUSTRY UPDATES

Labour Ministry opens Automation Center

BANGKOK, Jul 17 (NNT) - On efforts to push the Thai industrial sector into the 4.0 era, human resources must be capable of operating technology and automated systems, especially in the Eastern Economic Corridor (EEC) development project. To achieve this goal, the Ministry of Labour has established a human resources development center on automation and robots at the Institute for Skills Development 3, located in Chonburi.

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INDUSTRY UPDATES

Guidebook on Parliamentary Constituencies launched

KUALA LUMPUR, Jul 17 (Bernama) - Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof today launched Wakil Kita di Parlimen, a 228-page guidebook containing relevant information on all the 222 parliamentary constituencies.

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INDUSTRY UPDATES

Students among Plaintiffs in Lawsuit over Sungai Kim Kim Pollution

JOHOR BAHRU, Jul 17 (Bernama) - Thirty-four students are among 171 individuals who are suing the Johor state government, Menteri Besar Datuk Osman Sapian and 10 others over the pollution in Sungai Kim Kim near Pasir Gudang last March.

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INDUSTRY UPDATES

Mandalay Region Hluttaw approves New High Court Judge

Mandalay Region Hluttaw was unanimously appointed a new regional high court judge on the second day of the second session of the hluttaw after being nominated by the regional chief minister.

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INDUSTRY UPDATES

DOJ forms Special Team to probe Kidapawan Broadcaster's Slay

MANILA, Jul 12 (PNA) - Department of Justice (DOJ) Secretary Menardo Guevarra on Friday said he has ordered a special investigation team to look into the killing last Wednesday of radio commentator Eduardo Dizon who was gunned down on the way home in Kidapawan City, Cotabato.

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INDUSTRY UPDATES

New BSP Deputy Governor sworn in

MANILA, Jul 12 (PNA) - Francisco G. Dakila Jr. received his oath of office as Deputy Governor for Monetary and Economics Sector (MES) in ceremonies administered by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on Thursday.

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INDUSTRY UPDATES

Chief Justice heads Penang Honours List

GEORGE TOWN, Jul 12 (Bernama) - Chief Justice Datuk Tengku Maimun Tuan Mat heads the list of 877 recipients of state honours and honorary medals in conjunction with the 81st birthday of the Yang Dipertua Negeri of Penang Tun Abdul Rahman Abbas.

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INDUSTRY UPDATES

Prosecution failed to serve Summons on Shahrizat's Children, Court sets new Mention Date

KUALA LUMPUR, Jul 12 (Bernama) - The Sessions Court here today set Aug 5 for mention of a lawsuit filed by the Companies Commission of Malaysia (CCM) against two children of former Women, Family and Community Development Minister Tan Sri Shahrizat Abdul Jalil in connection with several offences allegedly committed by their company.

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INDUSTRY UPDATES

Free Legal Service to be provided for the Poor

Legal aid groups will provide free legal services to poor people and those in need of legal assistance across the country in an effort to support the rule of law and restore public trust in the judiciary.

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INDUSTRY UPDATES

Bill to increase Sabah State Seats to be tabled on July 17

KOTA KINABALU, Jul 11 (Bernama) - Sabah Chief Minister Datuk Seri Mohd Shafie Apdal is confident the Bill for the additional 13 seats, to increase the number of state seats from 60 to 73, will be approved when it is tabled in Parliament on July 17.

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INDUSTRY UPDATES

SolGen asks SC to dismiss Writ of Kalikasan Suit on WPS

MANILA, Jul 9 (PNA) - Solicitor General Jose Calida on Tuesday asked the Supreme Court (SC) to dismiss the petition filed against government agencies, which seeks unspecified action on the disputed areas in the West Philippine Sea.

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INDUSTRY UPDATES

IRB records 486,360 Cases of Voluntary Tax Declaration

KUALA LUMPUR, Jul 8 (Bernama) - The Inland Revenue Board of Malaysia (IRB) has recorded 486,360 cases of voluntary tax declaration under the special voluntary declaration programme (PKPS) as of June 23.

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INDUSTRY UPDATES

Sugar Tax: SME Traders can file Postponement Appeal

PARIT BUNTAR, Jul 7 (Bernama) - Small and Medium Enterprise (SME) traders affected by the sugar tax on sweetened drinks which came into effect this month, can file a postponement appeal to the relevant authorities.

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INDUSTRY UPDATES

Sarawak Government has not Officially responded on the RM1 Loan Offer - MOF

KUALA LUMPUR, Jul 6 (Bernama) - The Sarawak state government has yet to provide any official feedback to the Federal government on the proposed loan offer, amounting to RM1 billion, which will be allocated for repairs of dilapidated schools in the state.

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