We feature relevant and informative articles on the latest news, trends, and developments in Philippine laws.
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The Department of Finance (DOF) on Monday, November 18, disproved an opinion by the Office of the Solicitor General (OSG) stating that Philippine Offshore Gaming Operations (POGOs) cannot be taxed by the government.
The Bangko Sentral ng Pilipinas (BSP) signed a deal with the Philippine Statistics Authority (PSA) to subsidize the production and distribution of blank cards for the Philippine Identification System (PhilSys) or the country’s national ID scheme, in hopes of growing financial inclusivity among Filipinos by reducing the documents required to open bank accounts.
President Rodrigo R. Duterte has signed into law Republic Act No.11448, or the Transnational Higher Education Act, granting Foreign Higher Education Institutions (FHEIs) the opportunity to establish institutional services in the Philippines and collaborate with local universities.
The Department of Trade and Industry (DTI) is proposing the early release of at least 20% of the annual budget of a new law, Republic Act 11293 or the Philippine Innovation Act, to be used as revolving fund for the agency’s efforts next year in assisting micro, small and medium enterprises (MSMEs) with helping the poor and marginalized through tech innovation.
The Malacañang Palace is anticipating an increase in public optimism in the availability of jobs for first-time jobseekers after President Rodrigo Duterte signed a law waiving all government fees on public documents needed for employment.
During its pilot test registration on September 2, the Philippine Statistics Authority (PSA) announced that it will open the Philippine Identification System (PhilSys) to the Filipino public by mid-2020.