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Archive

Angelmhina D. Lencio

April 17, 2017

Oxford Dictionaries’ Word of the Year for 2016 is post-truth -- an adjective defined as relating to or denoting circumstances in which objective facts are less influential in shaping public opinion than appeals to emotion and personal belief.” The popularity of the word is attributed to the proliferation of fake news online. In recent years, the international community has seen a rise in fake... Read More

April 05, 2017

The President, Vice-President, the Supreme Court Justices, the Ombudsman, and the Commissioners of the Constitutional Commissions may be removed from office by impeachment. Among these public officers, only two are elective officials, namely, the President and the Vice-President. The removal of the top two executive officials from office transcends legal framework because it entails the... Read More

March 30, 2017

The January 2017 resolution of the Supreme Court (SC) settled the controversy involving the PEACe (Poverty Eradication and Alleviation Certificates) bonds and resolved the propriety of subjecting the P24.3-billion discount to 20-percent final withholding tax of around P4.9 billion. The Bureau of Internal Revenue issued two rulings a few days prior to the bonds’ maturity in 2011, asserting that... Read More

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

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