The House Committee on Economic Affairs on Tuesday, Feb. 7, approved, subject to style and corresponding committee report thereof, a proposed bill amending The Real Estate Investment Trust (REIT) Act of 2009 to ensure the reinvestment of proceeds from the sale of REIT shares in the Philippines....
CAMP General Francisco S. Macabulos, Tarlac City – Police arrested 82 law violators in a week-long anti-criminality campaign in Tarlac province from Jan. 30 to Feb. 5. Forty wanted persons and 16 drug suspects were arrested. Drug suspects yielded a total of 45 plastic sachets containing...
SEC taps UP Law Center for fintech regulations By JAMES A. LOYOLA The Securities and Exchange Commission (SEC) has teamed up with the University of the Philippines Law Center (UPLC) to improve the formulation of policies that could better address the regulation of financial technology (fintech) in...
Liberal Party (LP) President Albay 1st district Rep. Edcel Lagman has trumpeted the House committee-level approval of the proposed Adolescent Pregnancy Prevention Act. (Charles Deluvio/ Unsplash) In statement Friday, Feb. 3, Lagman said that “Young people have the right to lead healthy lives and...
The House Committee on Youth and Sports on Thursday, Feb. 2, approved a substitute bill, subject to amendment and style, that would institutionalize a comprehensive policy against the prevalence of teenage pregnancy and make family planning methods accessible to sexually active minors. Filipino...
Six online sellers of stolen ready-to-wear (RTW) items were arrested in a police entrapment operation in Pasay City on Monday night, Jan. 23. Col. Froilan Uy, city police chief, identified the suspects as Paula Sarah Khan, 35; Hasnoden Baguan, 43; Hannah Mae Moraca, 24, sales agent; Najib...
Claiming that too much democracy is bad for the country, Negros Oriental 3rd district Rep. Arnie Teves spoke on the plenary floor Monday afternoon, Jan. 23 about his desire to pursue a law against online bashers. Negros Oriental 3rd district Rep. Arnie Teves (Facebook) "I rise here again today to...
Muntinlupa Mayor Ruffy Biazon announced on Jan. 23 that city government employees will get their salary increases by the end of the month. This is based on Republic Act 11466 or the Salary Standardization Law of 2019. Muntinlupa Mayor Ruffy Biazon at the flag raising ceremony on Jan. 23 (Photo from...
The Senate Committee on Ways and Means’ report on its investigation on the Philippine Offshore Gaming Operators (POGO) industry is ready to be routed for signatures among members of the Senate, Sen. Sherwin Gatchalian said on Sunday, January 22. “May committee report na, may recommendations na...
Senate Majority Leader Joel Villanueva on Wednesday, January 18, expressed his disgust at the failure and confusion among government agencies on questions about the importation of salt or importation permit issues. Villanueva was referring to a hybrid public hearing by the Senate agriculture...
The Philippine Coast Guard (PCG) and the United States’ Bureau of International Narcotics and Law Enforcement (INL) have agreed to strengthen their cooperation on maritime law enforcement and bilateral efforts to combat transnational organized crimes. Photo: Philippine Coast Guard / PCG This was...
Senator Sherwin Gatchalian on Monday, January 16 assured that middle income taxpayers can expect a higher take-home pay starting this year due to the Tax Reform for Acceleration and Inclusion (TRAIN) Law. Under the TRAIN law, taxpayers earning more than P250,000 a year but not over P8-million wold...
