On 11 September 2020, President Rodrigo Duterte signed into law Republic Act No. 11494, otherwise known as the Bayanihan to Recover as One Act (Bayanihan 2), which details the measures to be implemented by the Philippine government to stimulate and accelerate the recovery of the Philippine economy from the adverse impact brought about the by the Coronavirus 2019 (COVID-19) pandemic.
The Bayanihan 2 took effect on 15 September 2020.
As a protective measure against the COVID-19 virus and in line with the directive of the Philippine President to all government offices to issue guidelines on the conduct of proceedings during the time of public health emergency, the National Labor Relations Commission (NLRC) promulgated En Banc Resolution No. 03-20 (Series of 2020), or the “Interim Amendments to the 2011 NLRC Rules of Procedure, as amended.”
As a protective measure against the COVID-19 virus and in line with the directive of the Philippine President to all government offices to issue guidelines on the conduct of proceedings during the time of public health emergency, the National Labor Relations Commission (NLRC) promulgated En Banc Resolution No. 03-20 (Series of 2020), or the “Interim Amendments to the 2011 NLRC Rules of Procedure, as amended.”
The Philippine Competition Commission (PCC) has identified the health and pharmaceuticals industries as one of its priority sectors of enforcement for year 2020. Coupled with the increased demand for improved access to healthcare and affordable medicine resulting from the COVID-19 pandemic, we expect the PCC to intensify its monitoring of participants in the Philippine pharmaceutical markets.
The Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 20-2020 dated 3 August 2020, amending RR No. 06-2013 in relation to RR No. 06-2008, governing the imposition of tax on the sale, barter, exchange or other disposition of shares of stock not traded through the local stock exchange.
On 8 July 2020, the National Privacy Commission (NPC) released NPC PHE Bulletin No. 15 to guide establishments on the proper handling and protection of personal data collected from customers and visitors of barbershops, salons, restaurants, and fast-food businesses, in relation to the guidelines covering such establishments issued by the Department of Trade and Industry (DTI).
In brief The Philippine national government has imposed an Enhanced Community Quarantine (ECQ) over the entire Luzon island effective 17 March 2020 to 15 May 2020. Local governments have also imposed ECQ over territories they oversee. As a result, only private establishments providing basic necessities and activities related to food…
In continuation of Baker McKenzie’s Asia Pacific webinar series on the business impact of COVID-19, we bring you…
DTI, DA, and DOH temporarily freeze prices on basic necessities as part of Covid-19 remedial measures Recent developments…
The Bureau of Internal Revenue (BIR) has issued Revenue Regulations No. 7-2020 (RR 7-2020) dated 27 March 2020 to implement Section 4(z) of Republic Act No. 11469 otherwise known as “Bayanihan to Heal as One Act.” Under RR 7-2020, the BIR extends the statutory deadlines and timelines for the filing…