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Congress Expands List of Acceptable Loan Collaterals
On August 17, 2018, President Duterte signed into law Republic Act No. 11057, also known as the Personal Property Security Act. The law allows micro, small and medium enterprises (MSMEs) better access to…
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Congress Establishes Official Government ID
After years of lobbying from various proponents, Congress finally passed the National Identification System Act which was approved by the President on August 6, 2018. The Philippine Identification System Act establishes a single…