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PLDT's Maya Bank wins Philippines digital banking licence

PLDT's Maya Bank wins Philippines digital banking licence
developingtelecoms.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from developingtelecoms.com Daily Mail and Mail on Sunday newspapers.

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'Online Filipino Workers' and the growth of the PH digital gig economy – Manila Bulletin


Published July 19, 2021, 7:43 AM
The Philippines’ economic growth continues to take a hit as the country grapples with the COVID-19 pandemic in one of the longest lockdowns in the world.
A July report from Moody’s Analytics tapered its growth forecast for the Philippines, predicting its gross domestic product (GDP) to grow by 4.9 percent at the end of the year compared to its 5.3 percent estimate in May. This number is significantly lower than the 6 to 7 percent growth targeted by the Philippine government for 2021.
While larger companies in the Philippines see their revenues gradually bounce back, the slow easing of restrictions and low GDP growth are taking more of a toll on Filipino workers. The Philippine Statistics Authority reported that unemployment in the Philippines rose up to 8.7 percent in April 2021, significantly higher than the 7.1 percent reported the previous month. The increase coincided with the tightening of lockdowns in certain parts of the coun ....

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PH renews OceanaGold FTAA, to list in PSE


Published July 15, 2021, 8:50 AM
Two years after its Financial or Technical Assistance Agreement (FTAA) with the Philippine government expired, Australian-Canadian miner OceanaGold Corporation (OceanaGold) is now allowed to resume the operations of its gold-copper mining project in the country until 2044.
This is on condition that, among others, the company will sell a portion of its Philippine operating subsidiary, OceanaGold Philippines Inc. (OGPI), to the public within the next three years.
In a statement, OceanaGold advised its stakeholders that the Philippine government has already renewed its FTAA for the Didipio gold-copper mining project in Nueva Vizcaya for an additional 25-year period, beginning June 19, 2019. ....

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