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Metro Manila (CNN Philippines, April 29) The National Capital Region’s economy nosedived to a record low in 2020 as it took a beating amid the COVID-19 pandemic and natural disasters throughout the year.
The Philippine Statistics Authority reported on Thursday a 10.1% contraction for the region last year, the worst ever recorded since the agency began its regional series in 2000. This is a sharper decline than the 9.6% full-year shrinkage the overall national economy logged for that year.
The capital region’s anemic economic performance in 2020 was caused by the prolonged quarantine restrictions which dampened business and consumer confidence along with the eruption of Taal Volcano early into the year and typhoons during the latter part of the year, PSA-NCR regional director Paciano Dizon pointed out during a media briefing.
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OFWs, Pinoys abroad can now use roaming SIM to open PayMaya account
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In time for Labor Day on May 1, digital financial services firm PayMaya is now allowing Filipinos overseas to use their Philippine mobile SIM on roaming to register for a PayMaya account, enabling them to perform transactions such as paying government dues or utility bills, as well as sending money to other PayMaya users, even while abroad.
“Our vision of Digital Finance for All Filipinos includes our hardworking countrymen abroad, our modern-day heroes,” said Orlando Vea, founder and CEO of PayMaya. “Having a PayMaya account wherever you are in the world can empower Filipinos overseas and help them stay connected with their loved ones in the Philippines.”
Published April 29, 2021, 7:57 AM
A data privacy leak of massive proportion that could potentially put to shame the COMELeak, LTO, AFP, and all other local breaches put together was waiting to happen as PhilSys was about to put online the registration for the country’s National ID System.
This week, the Philippine Statistics Authority, the agency responsible for the Philippine Identification System or PhilSys, announced the online registration for the National ID System. Philsys aims to establish a single national identification system for all citizens and resident foreigners of the country.
The Philippine Identification System or PhilSys is the government’s central identification platform for all Filipino citizens and resident aliens of the Philippines. (Photo from https://atom.hackstreetboys.ph/)