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JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage
The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»
DSWD practices strict adherence to AICS guidelines – agency official
The Department of Social Welfare and Development (DSWD) strictly adheres to the implementing guidelines of the Assistance to Individuals in Crisis Situation (AICS) program, Undersecretary for Legislative Liaison and Coordination Group Fatima Aliah Dimaporo said on Tuesday (January 23) during the Senate hearing on the alleged ‘ayuda’ scam. “DSWD personnel practice strict adherence to the […].....»»
DOH to review stem cell treatment guidelines
The Department of Health will soon review and update the existing guidelines for stem cell treatment......»»
BIR ramps up tax compliance drive
The Bureau of Internal Revenue has initiated a nationwide tax compliance drive to boost awareness and encourage taxpayers to pay their obligations......»»
SEC enhancing digital initiatives in bid to boost regulatory compliance
The Securities and Exchange Commission is further streamlining requirements and processes for regulatory compliance as it strives to chart the Philippine corporate sector’s path toward a digital-first world......»»
Marcos insists ‘Uniteam’ remains intact despite word war with Dutertes
Marcos maintained that his relationship with Vice President Sara Duterte is “exactly the same” even after he and his predecessor, Rodrigo Duterte, engaged in a war of words......»»
World Insights: Refusing to take sides, ASEAN insists on impartiality
A fishing boat sails in the Qiongzhou Strait as the summer fishing moratorium ended in the South China Sea, Aug. 16, 2021. (Xinhua/Yang Guanyu).....»»
DOF limits tax-exempt status for pickup trucks
The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»
Philippine Grid Code strictly followed, NGCP insists
The National Grid Corp. of the Philippines maintained that it “simply followed” the protocols set by the Energy Regulatory Commission in responding to the multiple plant shutdowns in Panay on Jan. 2 that led to a widespread blackout in Western Visayas......»»
Student-biker gets free tuition ride from Angkas
JV Ambrosio is on his third year as an electrical engineering student at the University of the East in Manila. Packed with an academic load of 31 units, he starts his day early at 7 a.m. for his first class......»»
Elevating ambitions beyond mere survival
In the bustling streets of the Philippines, amidst the roar of engines and the hurried pace of daily life, the Angkas bikers weave through traffic, not just as navigators of the city’s congested pathways but as carriers of dreams, both modest and burgeoning......»»
Al-ag proposes to repeal ordinance requiring delivery riders biz permits
Davao City Councilor Bernie Al-ag has proposed the repeal of an ordinance that requires delivery riders to obtain business permits. The ordinance in question, City Ordinance 0612-21 series of 2021, classified delivery riders as independent service contractors, mandating them to apply for business permits. However, a joint memorandum circular issued by various government agencies exempts individuals providing personal services, including delivery riders, from securing business permits. Al-ag emphasized that the city government must adhere to the guidelines set forth in the memorandum. While the proposed repeal is pending, Al-ag advised delivery riders to comply with the existing ordinance. He expressed confidence in the passage of the repeal, citing the solid basis provided by the joint memorandum. Despite a group of delivery riders seeking an audience with Davao City Mayor Sebastian Duterte on the matter, Al-ag's proposal was drafted in response to a separate petition. He clarified that the repeal is not about monetary collection but aligning with national law, which exempts delivery riders from obtaining business permits. Al-ag remains optimistic about the repeal's approval, pointing to the support provided by the joint memorandum as a strong foundation for his proposal......»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
DOLE-Davao vows to strictly monitor compliance of employers with new wage order
DAVAO CITY (MindaNews / 11 March) – The Department of Labor and Employment (DOLE) – Davao Region vowed Monday to strictly monitor the enforcement of the daily wage increase in the area, warning non-compliant employers they could be meted hefty penalties with possible imprisonment. DOLE-Davao director Atty. Randolf C. Pensoy told the Kapehan sa Dabaw that the Regional […].....»»
Philippines-WADA issue referred to CAS
The Philippines has gained some reprieve on allegations of non-conformities with World Anti-Doping Agency’s international standard for code compliance, with the issue being referred to the Court of Arbitration for Sport......»»
Fully independent PHI-NADO pushed
With the WADA compliance issue settled and cleared, the Philippine Sports Commission and the Philippine National Anti-Doping Organization are moving forward and making sure that all bases are covered from hereon......»»
TIN registration at your fingertips
Our government agencies are trying to keep pace with rapid technology advancements through the digitalization of some of their operations to streamline administrative processes, improve compliance and provide better services......»»
Lapu-Lapu road clearing: Ahong promises relocation to 53 vendors near Plaza Rizal
LAPU-LAPU CITY, Cebu – The Lapu-Lapu City Government is currently looking for an alternative vending site for approximately 53 vendors who will be displaced by a road clearing operation near Plaza Rizal in Barangay Poblacion. The planned road clearing operation was in compliance with the directive of the Department of Interior and Local Government (DILG).....»»
Marcos Jr to boost Philippines sports anti-dope body
To strengthen the country’s compliance with international rules against the use of drugs in sports, President Marcos is amenable to increasing the manpower of the Philippine National Anti-Doping Organization – the accredited anti-doping organization under the Philippine Sports Commission or PSC......»»