$247 million hot money exits Philippines in 2023
A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
Anxiety About Money
If I had a million dollars. We often think of money as a fast track to satisfaction. Yet Ecclesiastes 5:10 points out that the lover of money will never be satisfied. There is never an amount of money that is enough. Money promises security, but it never completely delivers. If money can’t bring us real […].....»»
Beat the Heat and Save Money: Smart Tips for a Hot Season
Summer is in and the heat of the sun is just blazing hot, accompanied by a looming El Niño — did I just say it’s hot, like very hot? Amidst this sweltering heat, our electricity and water bills will also increase and melt our budget like ice cubes on a hot summer day. While we […].....»»
More ‘hot money’ exits Philippines in January
More foreign capital left the Philippines in January, marking the second straight month of net outflow, amid continued economic uncertainties globally......»»
Asia Album: Highlights of Philippine International Hot Air Balloon Fiesta
© Provided by Xinhua TARLAC PROVINCE, the Philippines, Feb. 18 (Xinhua) -- Colorful hot air balloons in various shapes adorned the sky of Tarlac Province, the Philippines, providing a visual feast for visitors.The 24th Philippine International Hot Air.....»»
Asia Album: Highlights of Philippine International Hot Air Balloon Fiesta
© Provided by Xinhua TARLAC PROVINCE, the Philippines, Feb. 18 (Xinhua) -- Colorful hot air balloons in various shapes adorned the sky of Tarlac Province, the Philippines, providing a visual feast for visitors.The 24th Philippine International Hot Air.....»»
Hot weather to prevail nationwide on Saturday — Pagasa
MANILA, Philippines — Hot weather and high humidity are expected nationwide on Saturday, according to the state weather bureau. However, isolated rain showers and thunderstorms could still occur in the afternoon and evening, according to Ana Clauren-Jorda, weather specialist of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa). “We will continue to experience hot.....»»
Another money changer gets license revoked by BSP
The Bangko Sentral ng Pilipinas (BSP) has cancelled the registration of another money changer as the regulator continues to ramp up its campaign against illegally operating money service businesses (MSBs)......»»
Valentine’s Day tips for talking about money as a couple
NEW YORK (AP) — Money might not be the most romantic topic for Valentine’s Day, but talking about finances with your significant other is a key element of a healthy relationship. Money problems are one of the most common reasons couples separate, said Emily Simonian, head of clinical learning at Thriveworks, a mental health company......»»
CVO seizes over 2-K kg of hot meat in 2023
THE Davao City Veterinarian’s Office (CVO) confiscated 2138.02 kilograms of illegally slaughtered meat or hot meat in 2023......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
308 mln USD stolen in investment, romance scams in 2023 in Japan
TOKYO, March 7 (Xinhua) -- The amount of money stolen in investment scams perpetrated via social media and in online romance scams in Japan totaled 45.52 billion yen (about 308 million U.S. dollars) in 2023, police data showed on Thursday. In 2023, damages from investment frauds using Facebook, Instagram and other social media means amounted to 27.79 billion yen in 2,271 cases reported to police, while damages f.....»»
Disney+ Loses 1.3 Million Subscribers After Price Hike
Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»
Unemployed Filipinos down to 1.6 million in December 2023 — PSA
National Statistician and PSA chief Claire Dennis Mapa reported that the number of unemployed persons ages 15 and above declined to 1.6 million in December 2023, down from 1.83 million in November 2023......»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
Philippines remains on FATF gray list
The Philippines failed anew to exit the gray list or list of jurisdictions under increased monitoring after falling short in addressing the remaining concerns on its anti-money laundering and counter-terrorist financing regime, according to global dirty money watchdog Financial Action Task Force......»»
Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»
PERA contributions hit P396 million in 2023
Voluntary retirement contributions rose by 20.3 percent to P396.309 million in 2023 from P329.548 million in 2022, driven by the increase in the number of participants, according to the Bangko Sentral ng Pilipinas......»»
Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023
The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»
Hong Kong records 34 mln visits in 2023 as tourism rebounds
HONG KONG, Jan. 13 (Xinhua) -- Hong Kong received approximately 34 million visits in 2023, with nearly 4 million arrivals in December, the Hong Kong Tourism Board (HKTB) said Saturday. Through 2023, the Chinese mainland remains the largest source of visitors to Hong Kong, with ideal numbers during the May Day holiday, summer vacation and the Golden Week in October. The Southeast Asian market has shown the.....»»
Hong Kong records 34 mln visits in 2023 as tourism rebounds
HONG KONG, Jan. 13 (Xinhua) -- Hong Kong received approximately 34 million visits in 2023, with nearly 4 million arrivals in December, the Hong Kong Tourism Board (HKTB) said Saturday. Through 2023, the Chinese mainland remains the largest source of visitors to Hong Kong, with ideal numbers during the May Day holiday, summer vacation and the Golden Week in October. The Southeast Asian market has shown the.....»»