Business NEWS

The Intellectual Property Office of the Philippines (IPOPHL), the National Telecommunications Commission (NTC) and the country’s internet service providers (ISPs) have agreed to join hands to block online piracy sites. 

The Department of Information and Communications and Technology (DICT) is expected to come up with its audit on the use of software in government offices to put an end to persistent complaint by the US Trade Representative (USTR) of Philippine government offices’ continued use of pirated computer software.

The Intellectual Property Office of the Philippines (IPOPHL) has upgraded its mediation service by mandating proceedings to be conducted entirely online.

To help address the rise of online counterfeiting and piracy, e-commerce platforms Lazada and Shopee today, March 1, signed a memorandum of understanding (MoU) with various global and local brand owners to fight the alarming increase in counterfeit and pirated products sold online.

The Department of Trade and Industry through the Board of Investments (BOI) is exploring a P7-billion investment lead purportedly for a vaccine production project in the Philippines between a local pharma distributor company and LG, a leading Korean chaebol engaged largely in the electronics industry.

Counterfeit trades in the country almost tripled in 2020 mostly done via online with Facebook being the dominant online platform as the pandemic presented opportunities for illegal activities to thrive, according to a report by the Intellectual Property Office of the Philippines (IPOPHL).

For the first time since its establishment in 1998, filings at the Intellectual Property Office of the Philippines (IPOPHL) were down across all types of intellectual property (IP) as the COVID-19 pandemic had brought about a wait-and-see situation for many innovators and creators.

The government has revised the rules of procedures for intellectual property rights (IPR) cases to further speed up resolution of disputes and sustain the country’s robust innovative economy.

GMA Network renews its Broadcast Music Public Performance License with the Filipino Society of Composers, Authors, and Publishers, Inc. (FILSCAP), the official music public performing collection society in the country. Through this, GMA continues to recognize the rights of composers, authors, and publishers to their original musical works.

Trade and Industry Secretary Ramon M. Lopez has vowed that micro small and medium enterprises (MSMEs) doing transactions with the government can expect a fully-automated digital platform with a refined customer service team any time of the day by next year.

The Intellectual Property Office of the Philippines (IPOPHL) targets a 75 percent increase in Innovation and Technology Support Office (ITSO)-driven IP filings by 2025.