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Archive

March 15, 2017

Since the inception of the highly controversial Oplan Tokhang last year, the Supreme Court sitting en banc has already issued two writs of Amparo. The first writ of Amparo was issued on Jan. 31 for Efren Murillo, who survived the anti-illegal drug operation conducted on Aug. 21, 2016 in Payatas, Quezon City, and the relatives of garbage collectors Marcello Daa, Jessie Cule, Raffy Gabo, and... Read More

March 02, 2017

In January 2017, the Supreme Court finally resolved with finality the propriety of subjecting interest earnings from the PEACe bonds (Poverty Eradication and Alleviation Certificates) to 20 percent final withholding tax as it denied the government’s second motion for reconsideration. The Supreme Court affirmed its earlier order for the government to return the withholding taxes it charged on the... Read More

March 01, 2017

The Philippines Stock Exchange, Inc. (PSE) issued last Dec. 2, 2016 the Rules on Dollar Denominated Securities (DDS Rules) which govern the listing, trading, and settlement of US dollar (USD) Denominated Securities (DDS) to be listed and traded in the PSE. The DDS Rules were earlier approved by the Securities and Exchange Commission (SEC) last Nov. 10, 2016. The introduction of the DDS aims... Read More

February 22, 2017

There’s a trend with businesses engaged in the sale of articles of commerce, where aside from a head office, they establish, in other local government units (LGU), branches/sales outlets, factories, project offices, plants, plantations or administrative/liaison office. Noticeably, the Local Government Code (LGC) made available, as a general guideline, provisions for the accrual, allocation,... Read More

February 16, 2017

If used in another context, any symbol, design element, or character publicly associated with a TV show is likely to be perceived as licensed or endorsed by the show’s producers. Trademark protection extends to elements of successful TV shows. This this is because any symbol, design element, or character that the public associates with a show, if used in another context (such as toys), will... Read More

February 09, 2017

When I was president of the Philippine Stock Exchange, I pushed for the enactment of several laws, which were meant to boost the economy and develop our capital markets. These bills, authored by the Angara father-and-son tandem in Congress, are now part of the law of the land. Among these were the Personal Retirement Account Act under RA 9505 (Peraa), Real Estate Investment Trust Act under RA... Read More
Cyndy P. dela Cruz

February 01, 2017

The pen is mightier than the sword or so the adage goes. When this was once said, it was to highlight the power of thought and idea over brute force and violence as a way to effect change. Today, the pen can very well be a “tap” of a button, as social media has reinvented our way of life anew -- for good or for bad. Regardless of political affiliation or social philosophy, it is... Read More

January 30, 2017

The controversy on the Social Security System (SSS) pension hike highlights the predicament that many retired pensioners face: the struggle to make do with so little in exchange for paying so much. The amount of the  retirement benefits simply could not catch  up with the rising cost of living. The initial increase of P1,000 per month in pension mandated by President Duterte, albeit... Read More

January 18, 2017

President Rodrigo Duterte has fulfilled another of his campaign promises when last Jan. 10, his approval of a one thousand-peso (P1,000) increase in monthly Social Security System (SSS) pension benefits for retirees was announced. This is expected to take effect early this quarter, with another P1,000 increase by 2022 in the works. This approval comes after a period of contentious debate... Read More

January 12, 2017

Among the three branches of government, the judiciary is perceived to be the least dangerous branch for it has influence neither over the sword nor the purse. The judiciary is also perceived to be the weakest. Its power is inherently passive. It cannot act unless a case has been brought to it, and even in such circumstance, certain conditions must be complied with for it to take cognizance of... Read More

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