Month: February 2017

SM group gains control of casino holding firm

The SM group has gobbled up shares of gaming investment holding Premium Leisure Corp. (PLC) from the open market, cementing control of the publicly listed company that owns half of the casino business of integrated resort City of Dreams Manila. On Tuesday, some 269.76...

Hotel owners group chief backs tax reforms

The president of the largest organization of hotel and resort owners nationwide is supporting the proposed Comprehensive Tax Reform Program (CTRP) as this would guarantee the implementation of the government’s infrastructure buildup that is crucial to sharpening the...

DOLE issues IRR for anti-age discrimination law

Republic Act 10911, passed into law in August 2016, prohibits employers from hiring workers based on age NO TO AGE DISCRIMINATION. Violators of the law face a P50,000 to P500,000, or imprisonment of not less than 3 months but not more than two years, or both NO TO AGE...