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Vaccinesatwork ph and MullenLowe TREYNA help employers get people safely back to work

After a groundbreaking agreement with the government and pharmaceutical firms through the RA 11525 or the “COVID-19 Vaccination Program Act of 2021”, private companies are poised to lead the procurement of vaccines alongside the government. This will allow the private sector to help get their employ

Business group joins call to expedite amendments to bank secrecy law

BusinessWorld June 1, 2021 | 8:29 pm REUTERS EASING THE BANK secrecy law should be an immediate priority to demonstrate a commitment to transparency and toughening regulation of money laundering, corruption, and tax evasion, according to the Philippine Chamber of Commerce and Industry (PCCI). “The PCCI believes the government needs stronger monitoring and enforcement tools to fight tax evasion and other financial crimes. And this could only happen if the country’s stringent bank secrecy law is amended,” the country’s largest business organization said in a statement Tuesday. House Bill 8991 amends Republic Act No. 1405 or the Secrecy of Bank Deposits Law. The measure will expand the supervisory powers of the Bangko Sentral ng Pilipinas (BSP) by allowing it to look into the deposit accounts of bank shareholders, owners, directors, officers or employees in the course of investigating closed banks, given reasonable grounds to suspect fraud, serious irregula

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