Asbestos firm misled investors about its ability to compensate victims

SYDNEY, Australia – The former directors of building materials giant James Hardie Industries NV misled investors about their ability to compensate victims of its asbestos products, an Australian court was told Monday in the opening of a civil trial against the embattled company. Read more

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Revenue Regulations No. 10-2008

Download the text in PDF format

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TUCP wants full disclosure of GSIS, SSS overseas investments

Following the bankruptcy of US investment giant Lehman Brothers, the Trade Union Congress of the Philippines (TUCP) slammed the Government Service Insurance System (GSIS) for lack of transparency on its overseas investments. Read more

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‘Indefinite stay’ sa mga negosyanteng kukuha ng 10 Pinoy workers, ok sa TUCP

Sinuportahan ng pinakamalaking organisasyon ng mga manggagawa sa bansa ang bagong visa program ng Bureau of Immigration (BI) na magbibigay ng “indefinite stay” sa mga negosyanteng mamumuhunan at kukuha ng 10 Pinoy workers o higit pa. Read more

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A law against age discrimination

by Ernesto F. Herrera
from The Manila Times

CAN age have something to do with one’s ability to do a job? I would have to say it could. But don’t get me wrong. I am not advocating age discrimination. I am in fact very much against it. But age can have a bearing in a worker’s qualifications for a certain job in a positive way. Because the older you are, the more experience you have in your previous jobs, in previous careers even. And the skills and experience you have gained throughout your working life will serve you well should you wish to continue working after retirement perhaps, or should you wish to transfer careers later on. Read more

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TUCP gets down to business

by Rene Martel
from The Manila Times

ADHERING to the tried and tested adage that if you can’t beat them join them, the Trade Union Congress of the Philippines—concerned by the high price of medicines—is well on the way establishing a network of outlets to help resell high quality, low-priced medicines to marginal families, particularly those dependent on fixed-wage earners. Read more

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Panda wisdom

Cito Beltran
Philippine Star

What you trained for all your life is not necessarily your destiny.

This “gem” of a thought came to mind as I watched the animated movie “Kung Fu Panda”. I must confess that I am my daughter’s equal when it comes to being cartoon movie addicts. Perhaps I am a child at heart or a hopeless optimist, but to be sure, today’s “cartoons” and “Disney movies” are loaded with lessons and wisdom for those who seek and not for those who will not see. Read more

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3 Pinoy students bag gold in science poster-making contest

from The Philippine Star

Three Filipino students bagged first prize of the poster-making competition in the recently concluded Asian Science Summit held in Bali, Indonesia, the Science Education Institute (SEI) reported yesterday. Read more

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Public officers and employees — falsification of DTRs

At the outset, it must be stressed that this is an administrative case for dishonesty, grave misconduct, and falsification of an official document. To sustain a finding of administrative culpability only substantial evidence is required, not overwhelming or preponderant, and very much less than proof beyond reasonable doubt as required in criminal cases. Read more

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Forfeited

If control of a private corporation is acquired by the government through one of its agencies, are its employees subject to civil service laws? This is the question answered in this case of Pablo. Read more

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