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Marcos to back filing of case if there’s proof of cyanide use in WPS
The filing of a case in connection with the alleged use of cyanide in Bajo de Masinloc (Scarborough Shoal) allegedly by foreign fishermen, “if there is enough ground to do so,” would be supported by President Ferdinand Marcos Jr. President Marcos said this on Tuesday. But an earlier claim by the Bureau of Fisheries and.....»»
Senate probes Filipino citizenship for sale scam
Senators expressed alarm yesterday over a possible crime ring in local civil registrars that has allowed foreign citizens to fraudulently apply for live birth certificates......»»
Chinese nationals arrested for obtaining gov t IDs illegally — BI
During the operation which was carried out by three different agencies, various Philippine-issued IDs such as driver’s licenses, postal IDs and birth certificates were discovered and confiscated from the foreign nationals......»»
1,117 land titles distributed to Cagayan Valley farmers
Vice President Sara Duterte has led the distribution of 1,117 certificates of landownership award and emancipation patents as well as the turnover of infrastructure facilities and farm machineries and equipment to farmers in Cagayan Valley......»»
50,000 CARP beneficiaries in Nasugbu to lose land
At least 50,000 farmers in Nasugbu, Batangas, who were beneficiaries of the Comprehensive Agrarian Reform Program, face eviction following a ruling of the Department of Agrarian Reform canceling their certificates of land ownership awards......»»
Training on COA compliance for government institutions
To guide government institutions on their compliance with the Commission on Audit Circular 2020-006, the Center for Global Best Practices will be launching a two-session online training titled “COA Guidelines and Procedures for One-Time Cleansing of Property, Plant and Equipment Account Balances” on April 18 and 19, 2024 from 1:30 to 4:45 p.m. via Zoom......»»
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 […].....»»
BSP issues guidelines for payment systems
The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»
BSP to issue new guidelines for MSBs
The Bangko Sentral ng Pilipinas is finalizing a new regulatory framework for money service businesses to ensure that risks remain manageable amid the evolving industry......»»
SEC strengthens push for sustainable finance
The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»
IPOPHL issues fair use rules for copyright law
The Intellectual Property Office of the Philippines has released the fair use guidelines for Filipino creatives, educators and innovators on intellectual property rights......»»
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......»»
DA to draft procurement guidelines for agricultural crises
The Department of Agriculture announced on Wednesday that they are in the process of drafting the Implementing Rules and Regulations for a law clause, seeking to stabilize necessities and commodities supply while protecting consumers from unjustified price hikes during food shortages......»»
Premium Leisure Corp to be voluntarily delisted
The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»
Manila LGU extends deadline for applications for business permits and licenses, payment of taxes and fees
Manila Mayor Honey Lacuna announced that the city government has extended the deadline for the filing of applications of business permits and licenses as well as the payment of taxes and fees. This, according to Lacuna, is meant to give business owners and the taxpayers of Manila more time to settle their dues. The mayor […].....»»
‘NOW plea to nullify NTC circular still pending before CA’
The petition of NOW Telecom Co. Inc. to have the National Telecommunications Commission bidding guidelines for the entry of a new major player in the telco industry declared unconstitutional is still pending before the Court of Appeals, the company said yesterday......»»
EXPLAINER: When does a minor become criminally liable for an offense?
The Supreme Court issues guidelines in its latest decision involving a minor found guilty of homicide.....»»
SC sets guidelines for determining children s discernment in criminal acts
Children are not always assumed to have the ability to make sound judgments in criminal offenses, the Supreme Court said......»»
‘Heartbreak’, ‘Wellness’ leaves for single employees pushed in House
MANILA, Philippines — Two House bills aimed to provide “heartbreak” and “wellness” leaves for single employees in the country has been filed in the country by a lawmaker. The importance of giving singles a break from the social pressures that come with being unmarried or without a partner has been stressed in the filing of.....»»