THE regional office of the Department of Science and Technology recently conducted the SalikLakbay Solutions Mapping training and immersion in Ilocos Norte. The initiative, which was conducted through the Grassroots Innovation for Inclusive Development (GRIND) program of DOST-Region 1, was held on March 26 to 28 at the Mariano Marcos […]
AKO-OFW Partylist strongly condemned the threat made by Chief Presidential Legal CounselJuan Ponce Enrile to reduce benefits for overseas Filipino workers (OFWs) after he stated thatbenefits would be reduced. This comes after the planned “zero remittance week” by OFWs insupport of former President Rodrigo Roa Duterte. According to AKO-OFW nominee […]
Manila, Philippines – The Filipino Inventors Society Multi-Purpose Cooperative (FISMPC), supported by the Department of Science and Technology (DOST), continues to spotlight Filipino innovation through its program INVENTREPINOY. In a recent episode, the program welcomed Engr. Jimson Uranza, CEO of Lead Core Technology Systems Incorporated, and Raymond Mark Bimbo Doran, […]
MANILA, PHILIPPINES – The Federation of Filipino Chinese Chambers of Commerce andIndustry, Inc. (FFCCCII) today April 6, 2025, announced the election of industrialist andphilanthropist Victor Lim as its new President following a three-day biennial national conventionand three rounds of voting by 800 delegates representing 170 Filipino Chinese businesschambers and organizations. […]
Are directors required to be residents of the Philippines? The Revised Corporation Code (“RCC”) provides the qualifications of a director of a corporation. The qualifications of a director may be summarized as follows: (1) must have legal ownership of at least one share of the capital stock, as provided under […]
Can tax liabilities be abated or cancelled? Under Section 204 of the National Internal Revenue Code (“NIRC”), the Commissioner may abate or cancel a tax liability under the following conditions: 1. The tax or any portion thereof appears to be unjustly or excessively assessed; or 2. The administration and collection […]
Is the mere closure of current factory and termination of current employees, and relocation to a bigger location with new employees violative of the security of tenure of its current employees? The answer is yes. Article 294 of the Labor Code provides that “[i]n cases of regular employment, the employer […]
What is the situs rule in local taxation? How are entities with branch offices, sales offices, project offices, factories, plants and others taxed? Local business taxes (“LBT”) are taxes imposed by local government units on the privilege of doing business within their jurisdiction. The rules on situs of LBT under […]
Can an employer validly terminate employment of employees due to closure of business? Yes, provided that the closure is due business due to serious business losses or financial reverses. Article 298 of the Labor Code provides that the employer may also terminate the employment of any employee due to the […]
Section 18 of the Magna Carta of Women provides that “[a] woman employee having rendered continuous aggregate employment service of at least six (6) months for the last twelve (12) months shall be entitled to a special leave benefit of two (2) months with full pay based on her gross […]
