• 04 May 2016
MANILA, May 4 - President Benigno S. Aquino III has signed into law the bill on promoting the creation of ‘green jobs’, or employment that contributes to preserving or restoring the quality of the environment, be it in the agriculture, industry or services sector.The President signed last April 29 Republic Act No. 10771, or the "Philippine Green Jobs Act of 2016", which shall apply to establishments engaged in the production, manufacturing, processing, repacking, assembly, or sale of goods and/or services, including service-oriented enterprises.The law also grants incentives to encourage business enterprises to generate and sustain green jobs, as certified by the Climate Change Commission.The Department of Finance shall administer the granting of incentives, such as “special deduction from the taxable income equivalent to 50 percent of the total expenses for skills training and research development expenses which is over and above the allowable ordinary and necessary business deductions for said expenses under the National Internal Revenue Code of 1997, as amended; and tax and duty free importation of capital equipment, provided that the capital equipment is actually, directl ...Read more

DTI welcomes USTR Special 301 report; PH among countries with strong IPR compliance

 CENTRAL  04 May 2016
MAKATI CITY, May 4 - Trade and Industry Secretary Adrian Cristobal Jr. welcomed the United States Trade Representative (USTR) Special 301 Report for 2016 citing Philippine compliance to IPR protection and enforcement. “Government’s sufficient IPR protection and enforcement feeds an environment w ...Read more

DOLE exceeds Labor Day H.O.T.S. target; 5,565 instantly hired in 54 Job and Career Fairs; 11,945 ‘near-hires’

 CENTRAL  04 May 2016
MANILA, May 4 - Labor and Employment Secretary Rosalinda Dimapilis-Baldoz expressed satisfaction over the peaceful 2016 Labor Day celebration, her last as DOLE chief, and to the successful conduct by the DOLE of its 54 Job and Career Fairs which offered over 167,000 job vacancies to job seekers.  ...Read more