Phillippines

Philippines Latest Updates
The Ease of Doing Business Act tapers red tape
RA 11032 is a welcome step towards achieving the quality government services that Filipinos deserve.
Law passed promoting ease of doing business in the Philippines
A law promoting the ease of doing business and efficient delivery of government services took effect this June 2018.
Non-bank credit card issuers subject to new Bangko Sentral Regulations
To ensure that credit card issuers have the capacity to deliver services efficiently and securely, management must implement appropriate risk management and control systems.
Much EndO about nothing
President Duterte says he has put an end to the “Endo” or the practice of engaging employees on a contractual basis. But has he?
Joint Venture Guidelines of the Philippine Reclamation Authority
The Guidelines govern all JVAs formed for the development and disposition of PRA’s existing properties and projects.
The Philippine Anti-Money Laundering Commission extends compliance requirement
Jewellery dealers, dealers in precious metals and dealers in precious stones are now deemed covered persons.
Philippines Related News
The Philippine Anti-Money Laundering Commission extends compliance requirement
Jewellery dealers, dealers in precious metals and dealers in precious stones are now deemed covered persons.
Philippines: Bureau of Internal Revenue Clarifies Taxes on Offshore Gaming
The Bureau of Internal Revenue (BIR) issued Revenue Circular No. 102-2017 clarifying the tax imposed on entities engaged in Philippine offshore gaming operations ...
Law Passed Strengthening Consumer Protection in the Philippines
On December 19, 2017, the Gift Check Act of 2017 (Republic Act No. 10962) was signed into law ...
Casino Covered by Philippine Anti-Money Laundering Laws
The Philippine government has expanded anti-money laundering laws to include casinos, including internet and ship-based casinos ...
Virtual currency in the Philippines: Recognition and regulation
Bitcoin is essentially a virtual currency (VC), which is any type of digital unit that is used as a medium of exchange — a veritable currency that exists in the digital world. Since it is electronic currency, VC is easily transferable and can be used to pay for goods and services sold through the internet ...
Philippine rules on merger procedure
The Philippine Competition Commission issued the Rules on Merger Procedure which explain the timing for the filing of a notice for covered transactions, the procedure for notification, Phase 1 and Phase 2 review and other matters, including confidentiality claims ...
Philippines: Timing for Notification under the PCC Rules on Merger Procedure
The Philippine Competition Commission published its Rules on Merger Procedure ...
Protection of women employees in the Philippines
According to the World Economic Forum’s Global Gender Gap (GGG) Report conducted in 2016, the Philippines is the most gender-equal country in the Asia-Pacific region, having closed nearly 79 percent of its gender gap ...
Anti-Trust & Competition: Philippines - Towards robust yet balanced competition in the Philippines
The state of Philippine competition regulation has been slowly taking shape barely over two years after the passage of the Philippine Competition Act (RA 10667) ...
PHILIPPINES: The internet and doing business in the Philippines
Earlier this year, the Philippines Securities and Exchange Commission (SEC) issued an opinion stating that an online gaming system with absolutely no physical presence in the Philippines shall be considered as “doing business” in the Philippines and was thus required to obtain a licence to do business from the SEC ...
Philippines In-House Handbook & Directory
Philippines Chapter (including firm directory)