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BOOSTING PHILIPPINES STARTUPS

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...

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A REVIEW OF PWDs’ LABOR, TAX BENEFITS

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...

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TRADE REMEDIES AS A PROTECTIVE MEASURE

By: Mark Anthony P. Tamayo on April 25, 2019 (Last of three parts) In last week’s article, we briefly discussed Republic Act (RA) No. 8752 (Anti-dumping Act) and RA No. 8751 (Countervailing Duty Act) as trade protection instruments, which can be used against unfair trade practices. In this article,...

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TRADE REMEDIES AS TRADE POLICY TOOLS

By: Mark Anthony P. Tamayo on April 18, 2019 (Second of three parts) In last week’s article, we discussed briefly Republic Act (RA) No. 8800 (Safeguard Measures Act) as a protection tool to address the unexpected surge in imports that cause (or threaten to cause) serious injury to the domestic industry. In...

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TRADE REMEDIES AS TRADE POLICY TOOLS

        By: Mark Anthony P. Tamayo on April 11, 2019 First of three parts The multifaceted systems of controls and taxes on traded goods were believed to be in existence over three centuries ago, when travelling merchants offered, on their own accord, customs fees to monarchs...

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NEW MEETING RULES UNDER RCC

By: Richelle Dianne R. Patawaran on April 4, 2019 The Revised Corporation Code (RCC), which took effect on Feb. 23, 2019, recently introduced significant changes to the conduct of corporate meetings and in effect imposed additional obligations on the corporate secretary in the conduct of such meetings....

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A MORE POWERFUL SEC

By: Euney Marie J. Mata-Perez on March 28, 2019 Republic Act No. 11232 or the Revised Corporation Code (RCC) has expanded the role and increased the powers of the Securities and Exchange Commission (SEC). Senator Franklin Drilon, the main author of the law, said during the very well-attended joint...

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CORPORATIONS’ POLITICAL CONTRIBUTIONS UNDER RCC

By: Richelle Dianne R. Patawaran on March 21, 2019 With the 2019 Philippine general election less than two months away, and with the recent passage of the Revised Corporation Code (RCC), we take this opportunity to revisit the issue of whether political contributions by corporations are allowed under...

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RCC’s IMPROVED MINORITY PROTECTION PROVISIONS

By: Euney Marie J. Mata-Perez on March 14, 2019 In ranking the ease of doing business (EODB) of economies, the World Bank (WB) also evaluates a country’s protection of the interests of minority investors. In this regard, it considers two indices, namely, 1) conflicts of interest regulation, and 2)...

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