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SEC cancels license of Flying Bear Lending Corp.

The Securities and Exchange Commission (SEC) has cancelled the lending license and corporate registration of Flying Bear Lending Corporation which is operating as Yopeso, Morepeso and Rapidpeso. In a statement, the commission said the cancellation is due to the firm’s failure to disclose its onlin
Olps Yopeso Exchange Commission Certificates Of Authority Disclosure Requirements On Advertisements Of Financing Companies Bear Lending Corporation Lending Companies
Source: mb.com.ph

Spotlight: renewable energy project development in Philippines

An overview of legal and practical considerations surrounding renewable energy project development in Philippines, including project finance transaction structures and distributed and residential renewable energy.
Energy Regulatory Commission National Renewable Energy Board Renewable Energy Management Bureau National Commission On Indigenous People National Power Corporation Small Utilities Group Department Circular No

FIRB approves 70:30 hybrid work for IT-BPMs

The Fiscal Incentives Review Board (FIRB) has approved the continued hybrid work arrangement for IT-business process management (IT-BPM) enterprises registered with government investment promotion agencies (IPAs) without fear of losing their tax and fiscal incentives. FIRB Resolution No. 017-
Karl Kendrickt Chua Lorajeana Alamin Carlosg Dominguez Bureau Of Internal Development Authority Fiscal Incentives Review Board
Source: mb.com.ph

Bulatlat appeals court rejection of TRO plea vs NTC blocking memorandum

“It is indubitable that Bulatlat.com is not accessible to a significant portion of the public. Hence, contrary to the Honorable Court’s finding, there is clear suppression of Plaintiff’s constitutionally guaranteed freedom of the press and freedom of expression."
National Security Adviser Hermogenes Esperon Jr Supreme Court Alipato Media Center Money Laundering Council National Telecommunications Commission Honorable Court

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DENR reclassifies 4 Luzon caves for proper management

MANILA - The Department of Environment and Natural Resources (DENR) has approved the reclassification of four caves in the provinces of Abra, Quezon, and Albay for proper management and conservation. The DENR, through its Biodiversity Management Bureau (BMB), Regional and Provincial offices, reclassified from Class I to Class II the Ganway Cave in Barangay Malamsit, Penarrubia town and the Quitinday Cave in Jovellar town, both in the province of Albay. Sung Wan Cave in Barangay Lawigue, Tayabas ...
Barangay Ibaba Palale Barangay Malamsit Barangay Lawigue Natividad Bernardino Biodiversity Management Bureau Department Of Environment

DTI on Vape Bill: Regulation is better than total ban

The Department of Trade and Industry (DTI), the designated implementing agency once the consolidated House and Senate bills on the proposed Vape bill or the “Vaporized Nicotine and Non-Nicotine Products Regulations Act” is passed, expressed support to the bill and even assures the role of the Depart
United Kingdom Ramonm Lopez Alfredo Pascual Bureau Of Internal Revenue Property Office Of The Philippines Drug Administration
Source: mb.com.ph

BIR reminded to implement free legal aid law

MANILA - The Bureau of Internal Revenue (BIR) must see to it that Republic Act (RA) No. 9999, or the Free Legal Assistance Act of 2010 which grants lawyers tax deductions for providing services to indigent clients, is being implemented. Senator Lito Lapid wrote BIR Commissioner Lilia Guillermo on Monday and asked that the agency prioritize RA 9999, signed into law during the administration of former President Gloria Macapagal Arroyo. "However, 12 years since the law was signed, the law is s...
Gloria Macapagal Arroyo Lito Lapid Supreme Court Department Of Justice Public Attorney Office Bureau Of Internal Revenue

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