Philippines to develop rules on cryptocurrency trading
The Philippines’ Securities and Exchange Commission said on Monday it is crafting rules to regulate cryptocurrency transactions to protect investors and reduce the risk of fraud.
3 Philippine Officers Charged in a Killing That Spurred Outrage
The Philippine Justice Department filed murder charges on Monday against three police officers in the death of a 17-year-old boy last year, a case that strengthened opposition to President Rodrigo Duterte’s brutal war on drugs.
— The New York Times
Protests in Philippines over Chinese exploration of Benham Rise
Critics of the Philippine government are protesting against a Chinese research expedition to an underwater region called “Benham Rise”. It is an important marine area in the Philippine Sea with vast untapped resources, which the UN has declared belongs to the Philippines.
— Al Jazeera
Calls mount against Duterte’s martial order
More than two months since guns fell silent in the terrorism-ravaged Philippine city of Marawi, an outcry is rising against military measures imposed in the name of maintaining security.
— Asia Times
Drink retailers caught in fog of confusion as the Philippines’ Sugar Tax creeps in
The Philippines’ Tax Reform for Acceleration and Inclusion (TRAIN) law, which includes a new sugar tax, came into effect at the turn of the year, bringing with it a wave of confusion in the Philippines’ drink sector.
Philippine police return to war on drugs, cannot promise to avoid bloodshed
Police in the Philippines on Monday resumed President Rodrigo Duterte’s war on drugs, making visits to the homes of users and dealers to convince them to surrender, but the national police chief said he could not promise a bloodless campaign.
Philippines eyes turning volcano villages to ‘no man’s land’
The Philippine defence chief has recommended that villages in a danger zone around erupting Mount Mayon be turned into a permanent “no man’s land” to avoid evacuating thousands of residents each time the country’s most active volcano explodes.
— CTV News
DOH formally asks Sanofi to refund entire amount paid for Dengvaxia vaccines
The Department of Health (DOH) has formally demanded French pharmaceutical giant Sanofi Pasteur to refund the entire amount of P3 billion paid for the controversial Dengvaxia vaccines – used or unused.
— Manila Bulletin
A Whisper of Accountability in Philippine ‘Drug War’
A Philippine court today filed murder charges against three police officers for the alleged summary execution of 17-year-old Kian Loyd delos Santos during an anti-drug operation on August 16 in Caloocan City, north of Manila. The killing of the teenager prompted mass protests.
— Human Right Watch
Philippine suspects nabbed for 2017 theft in Taipei
Taipei, Jan. 29 (CNA) Two of the five suspects from the Philippines believed to have robbed a Japanese exhibitor in Taipei last year were arrested by authorities at Taiwan Taoyuan International Airport early Monday morning.
— Focus Taiwan News Channel
Philippine news site challenges regulator’s decision to revoke licence
An online news platform critical of Philippine President Rodrigo Duterte on Monday asked the Court of Appeals to set aside the corporate regulator’s decision to revoke its licence, invoking freedom of the press.
— Channel NewsAsia
Philippines to phase out its beloved cheap but rickety jeepneys
Jeepneys, the flamboyant passenger trucks of the Philippines, are nearing the end of their reign as the “Kings of the Road”, but they’re not going down without a fight.
Gov’t, PCCI to feel pulse on tax reform
THE GOVERNMENT has teamed up with the Philippine Chamber of Commerce and Industry (PCCI) for a nationwide road show this quarter designed to drum up support for Republic Act No. 10963 — the first of up to five planned tax reform tranches — and to feel businessmen’s pulse on the proposed second package that cuts the corporate income tax (CIT) rate and streamlines fiscal incentives, the Department of Finance (DoF) said in a statement yesterday.
Jack Ma, Dominguez to discuss e-commerce for PH traders
The head of the Duterte administration’s economic team and Asia’s richest man Jack Ma will discuss in China this coming Thursday ways for small businesses in the Philippines to grow by tapping digital commerce, according to the Department of Finance (DOF).
— Philippine Daily Inquirer
Compliance in 2018: What You Need to Know
Whether you zero in on compliance in the Philippines or zoom out to the global regulatory environment, a lot of issues were raised in the last few months of 2017, which most probably will spearhead a lot of change.
New bribery scheme at BOC bared; Sotto, Drilon linked to ‘illegal request’
Barred from speaking, former Customs commissioner Nicanor Faeldon holds up a handwritten note asking permission for a bathroom break from an exasperated Senate Blue Ribbon Committee Chairman Richard Gordon (right). (Jansen Romero)
— Manila Bulletin
Duterte pledges P50 million for families affected by Mayon Volcano
President Duterte yesterday provided P25 million to communities affected by the explosion of Mayon Volcano and ordered agencies to ensure that all the needs of displaced residents are addressed.
‘Rappler should stop misleading everyone’
THOSE words came from a Rappler defender, the headline of his article yesterday in a major daily often critical of President Rodrigo Duterte’s administration.
— The Manila Times
House OKs bill allowing church-decreed annulment
A bill that will give church-decreed annulment of marriage the same weight as a court ordered annulment has been approved by the House of Representatives on third and final reading.
— The Manila Times
Improved anti-dengue vaccine seen from mess
New dengue vaccines being developed by Takeda Pharmaceuticals Co. Ltd. and US government scientists are poised to provide a safer alternative to Sanofi’s Dengvaxia, according to vaccine experts, because they already take into account some of the issues that sidelined the product last year.
Feature photo Fabio Achilli
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