The Intellectual Property of the Philippines (IPOPHL) reported that the aggregate filings of the Innovation and Technology Support Offices (ITSOs) surged to a record-high of 1,535 in 2023, fueled by the participation of more universities and colleges in the program.   This new record mostly consisted of innovation-related IPs, such as patents,...

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular No. 37-2024 which allows inquiries on Taxpayer Identification Number (TIN) to be made by via email to tin.inquiry@bir.gov.ph.   Individual and non-individual taxpayers can make inquiries on their issued TIN number by sending the following to the designated BIR email address:   Requirements for...

The Intellectual Property Office of the Philippines (IPOPHL) released its Guidelines on Statutory Fair Use to provide awareness and clarity of the principles on limitations on copyright under the Intellectual Property (IP) Code.   Fair use pertains to acts which, when committed by a user of a copyrighted work, would not constitute...

The Department of Trade and Industry (DTI)  Secretary Alfredo Pascual highlighted that digital trade and e-commerce are of key strategic interests to a developing country like the Philippines.   During his attendance at the World Trade Organization’s (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi, United Arab Emirates, Secretary Pascual said, “Specifically,...

The Bangko Sentral ng Pilipinas (BSP) has reaffirmed its commitment to sustainable finance by launching the Philippine Sustainable Finance Taxonomy Guidelines (SFTG).   According to the BSP, this initiative aims to advance the financial sector’s understanding and management of climate-related risks, while also growing sustainable finance opportunities. The new guidelines have been...

The Intellectual Property Office of the Philippines (IPOPHL) recorded a total of 6,522 copyright registrations in 2023, 76 percent higher than the 3,706 seen in 2022.   Over half (52.6%) of the total number of new registrations was attributed to the books, pamphlets, articles, e-books, audio books, comics, novels, and other writings...