philippines - Real Estate - News

Landbank Board okays PDS Shares Purchase

MANILA, Mar 2 (PNA) - The Board of Directors of state-owned Land Bank of the Philippines (Landbank) has approved the planned acquisition of Philippine Dealing System Holdings Corp. (PDS) stakes at PHP360 apiece.
Date: 02 March 2018; Type: Legal News; Source: Philippine News Agency

Irrigable Lands’ Conversion Ban hurdles House’s Third Reading

MANILA, Feb 20 (PNA) - The House of Representatives on Tuesday unanimously approved a measure penalizing the conversion of irrigated and irrigable lands for non-agricultural purposes to ensure food security in the country.
Date: 20 February 2018; Type: Legal News; Source: Philippine News Agency

House okays Bill on Irrigable Lands' Conversion Ban

MANILA, Feb 15 (PNA) - The House of Representatives has approved on second reading a measure penalizing the conversion of irrigated and irrigable lands for non-agricultural purposes to ensure food securtiy in the country.
Date: 15 February 2018; Type: Legal News; Source: Philippine News Agency

House OKs Creation of New Government Housing Body

MANILA, Feb 14 (PNA) - The House of Representatives on Tuesday approved a measure creating the Department of Human Settlements and Urban Development.
Date: 14 February 2018; Type: Legal News; Source: Philippine News Agency

House OKs Creation of Human Settlements and Urban Development Department

The House of Representatives has approved on second reading House Bill 6775 seeking to create a Department of Human Settlements and Urban Development that would address the basic housing needs and requirements of Filipino families.
Date: 02 February 2018; Type: Legal News; Source: House of Representatives

Makati extends Deadline for Business, Realty Tax Payments

MANILA, Jan 21 (PNA) - The Makati City government has extended the deadline of assessment of business permits without penalty to Jan. 25, and the payment of business and realty taxes to Jan. 31, following the approval by the City Council of City Ordinance No. 2018-001.
Date: 21 January 2018; Type: Legal News; Source: Philippine News Agency

House declares Mayon, Zambo Parks Protected Areas

Mayon Volcano Natural Park in Albay province and the Pasonanca Natural Park in Zamboanga City are now protected areas under two bills approved by the House of Representatives.
Date: 15 January 2018; Type: Legal News; Source: House of Representatives

Ban in Conversion of Irrigable Lands soon

The House committee on agrarian reform chaired by Rep. Rene Relampagos (1st District, Bohol) has approved a substitute bill seeking to prohibit the conversion of irrigated and irrigable lands for non-agricultural purposes.
Date: 06 January 2018; Type: Legal News; Source: Philippine News Agency

House moves to declare Kalayaan Island Group Alienable Land

The House committee on natural resources chaired by Rep. Arnel Ty (Party-list, LPGMA) approved House Bill 5614 which seeks to declare the Kalayaan Island Group situated in the province of Palawan as alienable and disposable land for agricultural, residential and commercial purposes.
Date: 26 December 2017; Type: Legal News; Source: House of Representatives

House moves to strengthening Right of Government to expropriate Lands

The House of Representatives approved on third and final reading House Bill 159 which seeks to strengthen the right of the government to expropriate lands for the purposes of socialized housing.
Date: 29 November 2017; Type: Legal News; Source: House of Representatives

Committee passes Bill declaring Barangay Krus na Ligas a Disposable Asset for Housing

The House committee on Housing and Urban Development passed House Bill 165 declaring a portion of the University of the Philippines in Diliman, Quezon City, Barangay Krus na Ligas as a disposable asset for housing and urban settlement.
Date: 23 November 2017; Type: Legal News; Source: House of Representatives

House includes Building Code in Engineering Courses

The House committee on higher and technical education chaired by Rep. Ann Hofer (2nd District, Zamboanga Sibugay) on Monday created a technical working group (TWG) that will fine-tune House Bill 5908 which seeks to include the National Building Code of the Philippines (NBCP) among the subjects of engineering courses.
Date: 21 November 2017; Type: Legal News; Source: House of Representatives

House approves Bill rationalizing DAR Rules for Land Registration

The House of Representatives has approved on second reading House Bill 6589 seeking to rationalize the requirements imposed by the Department of Agrarian Reform regarding land registration to enable smooth and speedy transactions between DAR agents and the public.
Date: 24 October 2017; Type: Legal News; Source: House of Representatives

House Approves Bill expropriating Lands for Socialized Housing

The House of Representatives has approved on second reading a bill seeking to strengthen the right of government to expropriate lands for socialized housing.
Date: 17 October 2017; Type: Legal News; Source: House of Representatives

Congress mulls Amendment of REIT Law

MANILA - The House of Representatives may push for the amendment of the Real Estate Investment Trust (REIT) Act, Representative Arthur Yap said Monday.
Date: 26 September 2017; Type: Legal News; Source: Philippine News Agency

Legarda seeks Stronger Government Support for Indigenous Peoples

In observance of the International Day of the World's Indigenous Peoples (IP) and the Philippine National IP Day today, August 9, Senator Loren Legarda said that members of indigenous communities can take part in the country's development if given more opportunities and stronger support by the government.
Date: 09 August 2017; Type: Legal News; Source: Senate of The Philippines

Duterte calls for passage of National Land Use Act

MANILA, July 24 - President Rodrigo Duterte has urged Congress to pass the National Land Use Act to address land reform problems in the country.
Date: 24 July 2017; Type: Legal News; Source: Philippine News Agency

SC blocks NGCP takeover of P1.4-B SSS Property in Pasay

MANILA, July 10 - The Supreme Court (SC) granted the petition filed by the Social Security System (SSS) seeking to stop the implementation of the orders issued by the Pasay City Regional Trial Court (RTC) allowing the National Grid Corporation of the Philippines (NGCP) to take possession of portion of the former's property worth PHP1.4 billion loca ...
Date: 10 July 2017; Type: Legal News; Source: Philippine News Agency

Proposed Land Use Policy gets Nod from House

The House of Representatives has approved on third and final reading House Bill 5240 or the proposed “National Land Use and Management Act of the Philippines,” which seeks to institutionalize a National Land Use Policy that will govern the country’s land use and management.
Date: 04 July 2017; Type: Legal News; Source: House of Representatives

House approves National Land use Bill on 3rd Reading

MANILA, July 4 - The House of Representatives has approved on third and final reading a measure which seeks to institutionalize a national land use policy that shall end the current degradation of the country's land resource and optimize balanced development.
Date: 04 July 2017; Type: Legal News; Source: Philippine News Agency

INDUSTRY UPDATES

CCCS clears Proposed Merger between Essilor and Luxottica

The Competition and Consumer Commission of Singapore (“CCCS”) has issued a clearance decision on the proposed merger between Essilor International (Compagnie Generale d’Optique) S.A (“Essilor”) and Luxottica Group, S.p.A. (“Luxottica”) (collectively “Parties”). CCCS has concluded that the merger, if carried into effect, will not infringe the section 54 prohibition of the Competition Act (Cap. 50B).

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House and Senate successfully hold “Sports Dual Meet 2018”

The House of Representatives and the Senate on Thursday successfully held their second congressional sports invitational tournament dubbed “Sports Dual Meet 2018” at the House Sports Complex in Batasan Hills, Quezon City.

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INDUSTRY UPDATES

President Joko Widodo to attend ASEAN Summit in Singapore

Jakarta Apr 20 (ANTARA News) - President Joko Widodo will attend the the 32nd Association of Southeast Asian Nations (ASEAN) Summit in Singapore on April 27-28, 2018.

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INDUSTRY UPDATES

Police probes Facebook over Data Privacy Violation

Jakarta, Apr 19 (ANTARA News) - The National Police is currently investigating third-party applications on Facebook that have allegedly violated the data privacy of users, an official stated here on Thursday.

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Lawyer claims Trial to CBT of more than RM100,000

GEORGE TOWN, Apr 20 (Bernama) - A lawyer pleaded not guilty in the Sessions Court here today to criminal breach of trust involving more than RM100,000.

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IRBM confirms having issued Letters to International Schools

KUALA LUMPUR, Apr 19 (Bernama) - The Inland Revenue Board of Malaysia (IRBM) today confirmed that it had recently issued letters to the management of several international schools, here.

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INDUSTRY UPDATES

Role of In-house Lawyers must evolve, says Judge

In an event that unveiled a study of local general counsel by the Singapore Corporate Counsel Association and global law firm CMS, Judge of Appeal Steven Chong has given in-house counsel several pointers on what they need to do in their evolving role.

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Passenger-Facing Cameras: encrypt Recordings and restrict Access

The new rule that allows the cab and private-hire car drivers to install infacing cameras should not threaten the passenger privacy according to customer feedback.

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INDUSTRY UPDATES

Cabinet confirms Appointment of New Permanent Secretary of Finance

BANGKOK, Apr 18 (NNT) - The Cabinet has officially confirmed the appointment of the new Permanent Secretary of the Finance Ministry.

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INDUSTRY UPDATES

Thailand preparing to host 12th ASEAN Skills Competition

BANGKOK, Apr 18 (NNT) - Thailand is making preparations to host the 12th ASEAN Skills Competition, the objective of which is to urge adolescents and workers in the region to be enthusiastic about developing their skills in line with new technology.

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Government pardons nearly 8500 Prisoners, including Student Activists’ Killer

The Presidential Office announced on Tuesday that 8541 prisoners, including 51 foreigners, were released from prisons across the country.

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INDUSTRY UPDATES

Tax Exemption on Mega Projects given since 1980s - Customs DG

PUTRAJAYA, Apr 19 (Bernama) - Tax exemptions have been awarded to several large projects owned by the Government since the 1980s, and the issue of waiving the Goods and Services Tax (GST) for procurement of materials and services related to the East Coast Rail Link (ECRL) project should not be played up, said Customs Director-General Datuk Seri Subromaniam Tholasy.

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GST Compliance good, says Customs Department

KUALA LUMPUR, Apr 18 (Bernama) - The Goods and Services Tax (GST) compliance in Malaysia is good even though there is still a need to continue to promote tax education.

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INDUSTRY UPDATES

Illegal OFWs in Kuwait have until Thursday to avail of Amnesty Program

KUWAIT, Apr 18 (PNA) - Philippine Ambassador to Kuwait Renato Villa has announced that the Kuwaiti Department of Immigration under the Ministry of Interior has officially declared Thursday (April 19) as the last day for Filipinos to file their application for the amnesty program set to expire on April 22.

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Indonesia, Vietnam discuss Cooperation in Fisheries and Maritime Affairs

Jakarta Apr 18 (ANTARA News) - Indonesian Foreign Minister Retno Marsudi discussed cooperation in maritime affairs and fisheries with her Vietnamese counterpart, Pham Bihn Mihn, during the third joint commission meeting between the two countries.

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