House Bill 4886 gives power to the NTC to impose a penalty of at least P1 million for every day of violation against erring telcos. The NTC is also given powers to order refunds to consumers, too.
The company’s long-term goal is for the Philippine home-based, online English education sector be recognized as a significant contributor to the economy and nation-building.
As a start, PayMaya account holders will soon be able to remit their tax payments to BIR through the Pay Bills feature of the PayMaya app. PayMaya is also working with BIR to extend digital tax payments to other channels, such as through its online portal and its revenue district offices nationwide.
Singaporean insurtech firm Axinan inked a partnership with non-life insurer Mercantile Insurance Co. to introduce a mobile phone insurance service for the local market.