The Ease of Doing Business Act of 2018 (Republic Act 11032) aims to cut red tape and make starting and operating a business in the country easier.
Princess Althoma Brima
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.
Labor Secretary Silvestre Bello III of the Department of Labor and Employment (DOLE) announced the agency’s intent to release the Implementing Rules and Regulations (IRR) of Republic Act 11360, or the “Service Charge Law,” within the next three months.
The Department of Health has formally signed the Implementing Rules and Regulations (IRR) for Republic Act 11215, otherwise known as the “National Integrated Cancer Control Act” (NICCA), a law that grants access to quality and affordable care for Filipino cancer patients and survivors.
On Monday, July 29, The Security of Tenure (SoT) Bill, the monumental legislation that promises to put a stop to all illegal employment schemes and the subcontracting of regular Filipino workers, has been refiled for revision in the House of Representatives.
The Implementing Rules and Regulations (IRR) of the Ease of Doing Business Law is now signed and enforced by the government to address red-tape and bureaucracy.