When a person retires from work after long years of service, he looks forward to receiving as soon as possible the full measure of the retirement benefits that may have been earlier promised him by his employer.
Social media have recently been recognized as a reliable means for disclosure of material information in publicly traded companies in the United States.
Two more days to go and we’re off to the polls to choose our local government officials, congressmen and a new set of senators.
Last week, a video clip posted on YouTube by a Filipino based in Canada, Proceso Flordeliz Jr., showing the alleged rude behavior of Philippine Consul General to Vancouver Jose Ampeso went viral in the Internet.
The Bureau of Internal Revenue strictly enforced last Monday’s deadline for filing individual income tax returns.
The days of secret bank or trust accounts in offshore financial institutions or tax havens seem to be over.
The first criminal conviction under the Securities Regulation Code (or Republic Act 8799), which was enacted in 2000, was a big letdown to investors, market participants and financial regulators. In 2003, Asian Capital Equities Inc., a stock brokerage firm owned by Francisco Borromeo, collapsed due to mismanagement and failure to comply with regulatory standards. [...]
Finally, after 18 months, the Civil Service Commission has come up with the implementing rules and regulations of Republic Act 10154 which requires the early release of the retirement benefits of public officials and employees.
In June 2011, pending the enactment of a law that will address the issue of monopolies and combinations in restraint of trade, President Aquino issued Executive Order No. 45 designating the Department of Justice as the Competition Authority to, among others, “investigate all cases involving violations of competition laws and prosecute violators to prevent, restrain and punish monopolization, cartels and combinations in restraint of trade.”
Anecdotal business frustrations aside (unless you’re a chronic bellyacher), there is no denying that 2012 is, to quote the Inquirer’s editorial last Wednesday, “a good year.”
Thanks to the restraining order issued by a Quezon City judge, the country’s insurance industry and the thousands of Filipinos it employs and on whose services it relies will live another day, or perhaps several more years.
