(Photo courtesy of Freepik) In our generation, where technology is central to our everyday lives, it's easy for us to connect with each other. With just one click on our mobile phones, seamless communication enables personal or business transactions. As they say, the new currency is the number of...
The real estate industry, particularly the residential segment, is seen to be revitalized once the Bangko Sentral ng Pilipinas finally implements the much anticipated interest rate cut in the coming months. “We have been anticipating for much too long. We're moving from a pessimistic market to...
Hard discount store DALI Everyday Grocer has pulled out three products off its shelves following the filing of a complaint for trademark infringement by the Campos family’s Nutri-Asia Inc. before the Intellectual Property Office of the Philippines (IPOPHL). According to a report posted on the...
Banyan Group Residences, one of the leading and most pioneering property developers in Thailand has received an impressive 12 accolades in this year’s Asia Pacific International Property Awards 2024-25, more than any other developer in the region. The prestigious awards celebrate the highest...
Senator Sherwin Gatchalian The enactment of the Real Property Valuation and Assessment Reform Act (RPVARA) will provide reprieve for delinquent taxpayers of real property tax, Senator Sherwin Gatchalian said on Saturday, June 15. Gatchalian was...
The Department of Finance (DOF) said the Real Property Valuation and Assessment Reform Act (RPVARA) will enable local government units (LGUs) to achieve financial independence. In a statement, Finance Secretary Ralph G. Recto said the RPVARA, also known as Republic Act No. 12001, will overhaul the...
Since the beginning of the year, 90 percent of my clients have been from abroad, placing their trust in their realtors in the Philippines and purchasing properties without being physically present. Recently, there have been reports about some developers failing to meet the expected timelines for...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte says the newly-signed Real Property Valuation and Assessment Reform Act (RPVARA) will generate higher revenue for local government units...
President Marcos has signed the Real Property Valuation and Assessment Reform Act (RPVARA), raising concerns among property owners about its potential impact on their yearly property taxes, often referred to as "Amilyar." Addressing these worries, Finance Secretary Ralph G. Recto swiftly...
President Marcos has signed into law the Real Property Valuation and Assessment Reform Act (RPVARA) which improves the country's outdated valuation system. The new law—Republic Act No. 12001— was one of the two measures Marcos signed on Thursday, June 13. Marcos said the RPVARA is expected to...
Senate President Pro Tempore Jinggoy Ejercito Estrada is pushing for the revision and updating of the scope of the country's intellectual property code to help against Philippine cinema's greatest threat — piracy. In filing Senate Bill 2150, which aims to amend the Intellectual Property Code...
For lack of jurisdiction, the Court of Tax Appeals (CTA) has denied the petition filed by the National Food Authority (NFA) which sought to suspend the collection of the P143 million real property tax (RPT) levied against it by the Cabanatuan City government in Nueva Ecija. The NFA filed its...
