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Enhancing the Philippine Tourism Experience: VAT Refunds for Foreign Tourists

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The Philippines has long been regarded as a premier tropical destination for foreign tourists from around the world. From the pristine white sands of Boracay and the world-class surfing waves of Siargao, to the vibrant streets of Metro Manila and Cebu, the country offers a diverse range of attractions that cater to all types of travelers.

Enhancing the Philippine Tourism Experience: VAT Refunds for Foreign Tourists Read More »

Citicore Renewable Energy Corporation (CREC) Awarded 2024’s Best Mid-Cap Equity Deal of the Year by Alpha Southeast Asia

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The PHP 5.3 billion initial public offering (“IPO”) of Citicore Renewable Energy Corporation (“CREC”) was recognized as 2024’s Best Mid-Cap Equity Deal of the Year at the 18th Annual Deal & Solution, ESG & Transaction Banking Awards, hosted by Alpha Southeast Asia on 12 February 2025, in Kuala Lumpur, Malaysia.

Citicore Renewable Energy Corporation (CREC) Awarded 2024’s Best Mid-Cap Equity Deal of the Year by Alpha Southeast Asia Read More »

The Threat of Digital Piracy to Creatives and Consumers

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On November 2024, the Motion Picture Association, Inc., (MPA) a non-profit organization which is the leading advocate of the film, television, and streaming industry around the world and whose members include major studios such as Disney, Netflix, Paramount Pictures, Prime Video & Amazon MGM Studios, Sony Pictures Entertainment, Universal City Studios, and Warner Bros. Discovery, released a study it commissioned titled “Consumer Risk from Piracy in the Philippines.”

The Threat of Digital Piracy to Creatives and Consumers Read More »

ACCRALAW as Counsel for DoubleDragon in its PHP 9.1 Billion Debt Securities Program

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ACCRALAW acted as counsel to the Joint Issue Managers, Joint Lead Underwriters, and Bookrunners, Land Bank of the Philippines, RCBC Capital Corporation, and Unicapital, Inc., in connection with the Php9.1 Billion 7-year 7.7700% bonds (the “Bonds”) issued by DoubleDragon Corporation (“DoubleDragon”).

ACCRALAW as Counsel for DoubleDragon in its PHP 9.1 Billion Debt Securities Program Read More »

ACCRALAW as Counsel to the Joint Lead Underwriters and Bookrunners in SM Prime’s PHP 25 Billion Debt Securities Program

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ACCRALAW acted as legal counsel to the Joint Lead Underwriters and Bookrunners, BDO Capital & Investment Corporation, China Bank Capital Corporation, BPI Capital Corporation, First Metro Investment Corporation, Land Bank of the Philippines, PNB Capital and Investment Corporation, and Security Bank Capital Investment Corporation, in connection with SM Prime Holdings, Inc.’s (“SM Prime”) issuance of Twenty Five Billion-Peso (Php25,000,000,000.00) Series Y, Z, and AA Fixed Rate Bonds

ACCRALAW as Counsel to the Joint Lead Underwriters and Bookrunners in SM Prime’s PHP 25 Billion Debt Securities Program Read More »

New Rules on the Issuance of Alien Employment Permits to Foreign Nationals in the Philippines

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The Philippines has long upheld a policy of promoting full employment and the preferential use of Filipino labor. To support this goal, the State regulates the employment of foreign workers through the issuance of the Alien Employment Permit (“AEP”) after strict compliance with the requirements of the law.

New Rules on the Issuance of Alien Employment Permits to Foreign Nationals in the Philippines Read More »

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