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UNDER the Implementing Rules and Regulations of Republic Act 9516, controlled chemicals such as but not limited to ammonium nitrate, nitric acid, hydrogen peroxide and sodium chlorite, are considered dangerous goods, since these can be used to manufacture explosives. Therefore, for safety and security, a higher degree of due care and diligence is required when transporting this type of chemicals.

OVER a year ago, the Philippines failed to achieve its target of reducing neonatal mortality caused by prematurity and low birth weight conditions by an estimate of two-thirds of 6.3 million. Since these conditions require a certain degree of specialized care, some families encounter financial constraints, which prevent timely administration of cost-effective interventions. To help address this need, Philhealth recently developed the Z benefit package, also known as Z016, for premature and small babies under Philhealth Circular 2017-0009.

REPUBLIC Act (RA) 7277, as amended by RA 10524, lays out the fundamental guarantee of rights and privileges of persons with disability (PWDs), with the main intent to foster the PWDs’ capacity to attain a more meaningful, productive and satisfying life and recognizing the role of the private sector, including partnership programs with the government, in promoting the welfare of disabled persons.

TIMTA, which stands for Tax Incentives Management and Transparency Act, is aimed to monitor and evaluate the fiscal incentives granted by investment promotion agencies (IPAs) such as the Philippine Economic Zone Authority (PEZA) and Board of Investments. Various government agencies are involved in the implementation of TIMTA and are assigned with defined responsibilities.

A FEW months ago, the Home Development Mutual Fund (HDMF or Pag-Ibig Fund) issued Circular No. 380, amending the following guidelines on membership termination from the previously issued Circular No. 342.

THE Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 60-2019 to clarify the tax treatment of transfer of real property by an economic zone (ecozone) developer/operator duly registered under the Philippine Economic Zone Authority (Peza) to another Peza entity.

TO encourage new foreign investments to boost the Philippine economy, Executive Order 22, otherwise known as “Reducing the rates of duty on capital equipment, spare parts and accessories imported by the Board of Investments (BOI)–registered new or expanding enterprises” and its corresponding Implementing Rules and Regulations (IRR) were issued last April and May 2017, respectively.

RECENTLY, the Social Security System (SSS) issued SSS Circular 2017–006, reminding all member-employers to fulfill their responsibility to provide timely social security benefits to member-employees unable to work due to sickness, injury, childbirth or miscarriage.