Archive for the ‘Law’ Category

Pasay Motel sues Bayani Fernando

Posted on December 13th, 2008 by PinoyBusiness

Can any action of the Metro Manila Development Authority (MMDA) directly affect any motel business? The Mahal Kita motel in Pasay City thinks so, in fact they are suing Bayani Fernando (BF), chair of the MMDA and are seeking his dismissal.

The reason for this is that Lakambini Hotel Corp., owner of the Mahal Kita motel, […]

Malacanang Won’t Lift Ban Against Iraq

Posted on November 19th, 2008 by PinoyBusiness

The Philippine government will not lift the ban on Filipinos going to Iraq. Malacañang said on Wednesday that it will not lift the order barring Filipinos from going and working in Iraq. This, despite the request of the Iraq’s envoy to the Philippine government to lift the said order.
Late last month, Falih Al-Assadi, charge d’affaires […]

House Bill 5468: Financial Window for Students and Young Filipino Entrepreneurs

Posted on November 19th, 2008 by PinoyBusiness

Good news to all young entrepreneurs! Once passed into law in the House of Representatives, House Bills 5468 will require banks to allot five percent of their loanable funds to young entrepreneurs. This is done to encourage entrepreneurship among the youths.
This bill also grants college students and new graduates access to a financial window which […]

Investments and Incentives Code of the Philippines

Posted on November 5th, 2008 by PinoyBusiness

House Bill 5241, or the “Investments and Incentives Code of the Philippines” being sponsored by Philippine House Speaker Prospero Nograles seeks to codify various incentive-giving laws and statutes to enhance the country’s investment strategies and programs with the aim to attract foreign investments.
To compete for development capital in the global market, Speaker Nograles believes […]

Bank Depositors Protection Bill

Posted on November 1st, 2008 by PinoyBusiness

Senator Francis Escudero filed Senate Bill 2678 which aims to double the maximum deposit insurance coverage per bank customer from P250,000 to P500,000. This move was made amidst the current financial crisis which shook the global economy, the worst in eight decades which is now being dubbed as the great financial depression in modern time. […]

Amend Anti-trafficking Law

Posted on October 31st, 2008 by PinoyBusiness

Upon a report by GMANews.TV quoting Gabriela Representative Liza Maza criticizing the government’s implementation of the anti-trafficking law, Justice Undersecretary Ricardo R. Blancaflor issued a response by saying that such criticism is unfair, inaccurate and irresponsible. Noting that 400,000 migrants are being trafficked internally and another 800,000 externally or outside the country, Congresswoman Maza said […]

Ancestral Domain MOA Violated 36 provisions

Posted on October 30th, 2008 by PinoyBusiness

A state is a political association with effective sovereignty over a geographic area and representing a population. Based on this definition, the basic requirements for a state to exist are: government, power, territory and people. If these requirements are met, a state is recognized as such, separately and distinctively. We can add international recognition to […]

The Philippines’ Renewable Energy Bill

Posted on October 29th, 2008 by PinoyBusiness

Finally, a bill that took decades to approve, was finally passed, as the House of Representatives ratified the consolidated House and Senate versions of the Renewable Energy Act of 2008. The bill, which aims to boost the country’s level of energy self-sufficiency from 56.6% in 2005 to 60% by 2010, provides fiscal and financial […]

Manila Law Versus FHM Versus Pornography

Posted on October 28th, 2008 by PinoyBusiness

Pornography is defined by Merriam-Webster as the depiction of erotic behavior (as in pictures or writing) intended to cause sexual excitement. There is no other way going around it, FHM is definitely pornographic by the nature of its content based on this definition, thus violating Manila Ordinance 7780. FHM cannot contend that just because it […]