Republic Act (RA) No. 11900 or the “Vaporized Nicotine and Non-Nicotine Products Regulation Act” was passed and lapsed into law on July 25, 2024. The is in line with the State’s policy to regulate Vaporized Nicotine and Non-Nicotine Products, and their devices, and Novel Tobacco Products; promote a healthy environment; protect the citizens from any potential hazards of these novel consumer products; and reduce the harm caused by smoking said products.

Republic Act (RA) No. 11900 or the “Vaporized Nicotine and Non-Nicotine Products Regulation Act” was passed and lapsed into law on July 25, 2024. The Act contained the State’s policy to regulate Vaporized Nicotine and Non-Nicotine Products, and their devices, and Novel Tobacco Products; promote a healthy environment; protect the citizens from any potential hazards of these novel consumer products; and reduce the harm caused by smoking said products.

In 2018, Republic Act (RA) No. 11058, or “An Act Strengthening Compliance with Occupational Safety and Health Standards” was enacted to ensure a safe and healthful workplace for all working people, by affording them protection against hazardous work environments.

On March 22, 2024, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 7-2024, implementing the amendments on Registration Procedures and Invoicing Requirements found in the amended Tax Code, in relation to the Ease of Paying Taxes (EOPT) Act.
Among the notable provisions in RR No. 7-2024 is that a Value-Added Tax (“VAT”) Invoice shall be evidence of the sale of goods and/or properties and the sale of services and/or leasing of properties issued to customers in the ordinary course of trade or business – whether these be cash sales or on account (credit) or charge sales.

The New Government Procurement Act (NGPA) or Republic (RA) No. 12009 was enacted in line with the declared policy of the State to promote the ideals of good governance with a view towards transparency, competitiveness, efficiency, proportionality, accountability, public monitoring, procurement, professionalization, sustainability, and value for money in government procurement.

To support the mandate of the LRA to preserve the integrity of the land registration process, protect the sanctity of the Torrens System, and act as the central repository records relative to the original registration of land titled under the Torrens System, including the subdivision and consolidation plans of titled lands and, through the Register of Deeds (RD) nationwide, be the repository of records of instrument affecting registered and unregistered land, on November 14, 2023, the Land Registration Authority (LRA) issued LRA Circular No. 14-2023, which provides for the outright confiscation of patently fake certificate of title.

Section 2 of Republic Act No. 7652 or the Investors’ Lease Act provides for the States policy to encourage foreign investments consistent with the constitutional mandate to conserve and develop our own patrimony. Therefore, the State hereby adopts a flexible and dynamic policy on the granting of long-term lease on private lands to foreign investors for the establishment of industrial estates, factories, assembly or processing plants, agro-industrial enterprises, land development for industrial, or commercial use, tourism, and other similar priority productive endeavors.

In the case of Nell vs. Pacific Farms, G.R. No. L-20850, November 29, 1965, the Supreme Court first pronounced the rule regarding the transfer of all the assets of one corporation to another.

On March 22, 2024, the Department of Labor and Employment (DOLE) issued DOLE Labor Advisory No. 03-2024 requiring all private establishments to submit an annual establishment report on wages for calendar year 2023 no later than June 15, 2024.