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PH CURRENT EVENTS: February 20, 2019.

President Rodrigo Duterte on Wednesday signed


into law the Revised Corporation Code, which amends the
Corporation Code.
March 14, 2019. Manila Water Daily Service Interruptions for Metro
Manila. Among other things, the law would now allow one-person
corporations, remove the minimum capital requirement, and
provide for the perpetual existence of corporations.

February 26, 2019. Duterte Approves Revised Corporation Code The law will also remove the minimum number of incorporators,
President Rodrigo Duterte enacted R.A. 11232, which revises the permit the electronic filing of reportorial requirements, and
Corporation Code of the Philippines. attendance in meetings via remote communication or in absentia.

The new code will also strengthen corporate governance standards


and provide protection to minority stockholders by requiring
February 26, 2019. Duterte Signs 105-Day Expanded Maternity corporations vested with the public interest to have independent
Leave Law President Rodrigo Duterte has signed Republic Act No directors. /atm
11210, also known as 105-Day Expanded Maternity Leave Law, last
February 20, 2019. Said law gives female workers a total of 105 days
of paid maternity leave.
February 15, 2019. PRESIDENT Rodrigo R. Duterte signed into law
the rice tariffication bill on the last possible day he could have
signed or vetoed the measure. Rice tariffication liberalizes the
February 20, 2019. President Duterte on Wednesday signed the import process for rice while taking away the role in importing of
Universal Health Care (UHC) Act and the Revised Corporation Code, the National Food Authority (NFA). In place of the old system,
hailing them as laws that will improve the lives of the people in the private importers will pay a tariff of 35% on grain shipped from
country. “By automatically [enrolling] our citizens into the National Southeast Asia, raising revenue for the government and also funding
Health Insurance Program and expanding PhilHealth coverage to a rice industry competitiveness fund.
include free medical consultations and laboratory tests, the
Universal Healthcare Law that I signed today will guarantee
equitable access to quality and affordable healthcare services for all
February 14, 2019 Bureau of Immigration to Implement Stricter
Filipinos,” he said.
Foreign Work Permits The Bureau of Immigration (BI) will impose
additional requirements and stricter procedures on foreign workers Act which allows employees from the private sector to work from
seeking special work permits (SWP) and provisional work permits their homes as an alternative workplace.
(PWP).
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February 04, 2019 Battle for Manila Bay: The Rehabilitation of the
Historic Bay News of Manila Bay finally undergoing rehabilitation is In relation to Canon 5.01 of CPR (BASIC LEGAL ETHICS):
taking over the headlines for the past few weeks. Here’s what you 5 Recent Laws in the Philippines that You Need to Know About
need to know about the ongoing clean-up of the historical bay, so POSTED ON MONDAY, SEPTEMBER 26, 2016 BY JOHN ANTHONY
far. ALMERINO

Whether you like it or not, you can’t separate law and politics from
January 19, 2019 Duterte Approves HIV, AIDS Policy Act 2018 The business. This is why it is important to keep yourself updated with
new HIV/AIDS Policy Act 2018 aims to establish a stronger campaign the recent developments in national policy, especially those that
against the growing number of HIV and AIDS cases in the affect the economy. With the entry of the new administration, a
Philippines. number of new laws have been passed that either relates to your
business or directly affects it. Here are five recent legislations that
you should know about.
January 17, 2019 DFA Removes Birth Certificate Requirement for
5 Recent Laws in the Philippines that You Need to Know About:
Passport Renewal The Department of Foreign Affairs (DFA)
Secretary Teodoro Locsin Jr. officially signed the department order 1. New credit card regulations. In the near future, obtaining a credit
(DO 03-2019), last January 15, 2019, to abolish the certificate of live card will no longer be as easy as before. R.A. No. 10870 or the
birth as a requirement in renewing passports. According to the Philippine Credit Card Industry Regulation Law imposes stricter
newly signed DO, old passport regulations and guidelines for the issuance of credit cards. The new
law prohibits credit card companies from the common practice of
issuing ‘pre-approved’ credit cards to people who did not apply for
January 15, 2019 Duterte Ratifies Work From Home Bill into A New them or those who are not qualified. Now, issuers are required to
Law President Rodrigo Duterte signed into law the Telecommuting conduct know-your-client (KYC) procedures before credit cards can
be issued to make sure they are given to holders who are capable of the old Anti-Mail Order Bride Law which only covered Filipino
paying them back. women.

The new coverage now includes “Filipino spouses” who can either
be male or female. The scope also covers various publishing
2. Full foreign ownership of financing companies now allowed. platforms including digital media but excludes social media sites.
Foreigners can now own 100% of lending, financing, and adjustment Dating sites also are not automatically banned. The law only
companies. R.A. No. 10881 erased the limitations on foreign prohibits those sites that offer ‘marriage brokerage’ services or
ownership on companies in the financial sector in its bid to stir those that set up marriage or live-in arrangements between foreign
greater competition in the local industry. The passage of the law is nationals and Filipinos in exchange for some monetary
expected to bring in new players and draw more foreign consideration.
investments in the sector.

5. Age doesn’t matter (in employment). The Anti-Age


3. “Change” is coming. Are you one of those storeowners who have Discrimination in Employment Act now makes it unlawful for
a habit of giving candies to customers as change? You might employers to consider age as a factor in hiring applicants as
probably think twice about continuing that practice since there is employees. Other forms of discrimination such as denying
already a law specifically prohibiting it. R.A. No. 10909, also known promotions, providing less benefits, forced retirement, and reducing
as the No Shortchanging Act of 2016, requires establishments to wages based on age are also prohibited.
give the exact change to customers or else face fines and other
penalties. Aggrieved customers can file a complaint before the But does this mean you cannot refuse to hire a 60 year-old frail old
Department of Trade and Industry (DTI) and erring establishments man for a strenuous manual labor job in construction? The answer
could be punished with fines, suspension, and even closure for is no.
multiple violations.
Businesses where age is a crucial occupational qualification are
exempted. In our example, age is a valid qualification since it is
often an indicator of strength. You cannot risk endangering the
4. Marriage-matching businesses banned. Under the new Anti-Mail health a 60 year-old man by hiring him to do exhausting physical
Order Spouse Law, businesses who link Filipinos with foreigners for activities.
the purpose of marriage or live-in arrangements can face fines of up
to 1 million pesos and imprisonment for 15 years.The law expands

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