World

BY LEANDER C. DOMINGO THE Philippine government has renewed the Didipio Mine Financial or Technical Assistance Agreement (FTAA) for an additional 25 years beginning June 19, 2019, according to the Australian OceanaGold Corporation. Australian OcenaGold's Didipio Mine in Kasibu town in Nueva Vizcaya. CONTRIBUTED PHOTO In a statement, OceanaGold said the renewed FTAA reflects similar financial terms and conditions while providing additional benefits to the regional communities and provinces hosting the operation. OceanaGold operates the Didipio Gold and Copper Project in the upland town of Kasibu in Nueva Vizcaya province. "We are pleased to confirm the renewal of the Didipio Mine's FTAA and thank the government for their endorsement and renewal. We have worked through the re...

BY LEANDER C. DOMINGO MANILA (May 30)—To boost the country’s climate resilience and address ocean plastic pollution, the United States Agency for International Development (USAid) and the Korean International Cooperation Agency (Koica) have forged an agreement in their pursuance of development projects in the Philippines. In a United States Embassy press statement, these leading development assistance agencies of the United States of America and the Republic of Korea said they have signed a memorandum of agreement (MoU) on April 7, 2021 to explore potential partnership in an array of sectors.   The US Embassy said their partnership projects include poverty reduction in rural areas, empowerment of women and girls, water resource management, community rehabilitation in Ma...