By: Euney Marie J. Mata-Perez on May 23, 2019
To promote good governance and protect minority stockholders, the Securities and Exchange Commission (SEC) recently issued Memorandum Circular No. 10, Series of 2019, promulgating the Rules on Material Related Party Transactions for Publicly-Listed Companies. The rules became effective on April 27, 2019.
By: Euney Marie J. Mata-Perez on May 16, 2019
The Asia-Oceana Tax Consultants’ Association, as represented by its President, Atty. Euney Marie J. Mata-Perez, attended as an observer of the first Conference of the Belt and Road Initiative Tax Administration Cooperation Forum (BRITACOF) hosted by the State Taxation Administration of the People’s Republic of China on 18-20, April, 2019 in Wuzhen, Zhejiang Province, China. The forum was well-attended by 350 delegates from representatives of tax administrations or finance departments from 85 jurisdictions, 16 international organizations, and a number of academic institutions and businesses.
By: Euney Marie J. Mata-Perez on May 16, 2019
China’s Belt and Road Initiative (BRI) is a development strategy adopted by the Chinese government involving infrastructure development and investments in various countries and international organizations in Europe, Asia, Middle East, Latin America and Africa. “Belt” refers to the overland routes for road and rail transportation, called “the Silk Road Economic Belt”. “Road” refers to the sea routes, or the 21st Century Maritime Silk Road.
By: Samantha L. Poblacion on May 10, 2019
The Philippine startup community awaits with bated breath for the approval of the Innovative Startup Bill. According to a senate press release in May 2018, the bill will provide support to innovative and tech startups, which pertain to businesses that provide unique and relevant solutions to pressing problems, such as transportation, financing, agriculture and healthcare.
By: Nica Marsha Gasapo on May 2, 2019
Yesterday, May 1, was Labor Day and April was Autism Awareness Month. For today’s article, we will discuss Philippine laws geared toward the welfare and integration of persons with disability (PWDs). These laws seek to destroy social barriers that prejudice the rights of PWDs, especially in the workplace. The State, as parens patriae, endeavors equal treatment of individuals, disabled or not. However, whether such laws are properly implemented, or sufficient enough, is another story.