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Jan. remittances rise fastest in 10 months, dip from Dec.

By Melissa Luz T. Lopez Senior Reporter CASH SENT HOME by overseas Filipino workers (OFWs) increased by the fastest year-on-year clip in 10 months in January even as the amount fell from December last year, according to data the central bank released on Thursday. OFW cash remittances grew 9.7% to $2.379 billion in January from […] The post Jan. remittances rise fastest in 10 months, dip from Dec. appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineMar 16th, 2018

Remittances rise to $20.72 B in 8 months

MANILA, Philippines — The amount of money sent by overseas Filipinos to the Philippines in August grew at its fastest pace in five months as new markets for.....»»

Category: financeSource:  philstarRelated NewsOct 17th, 2017

July remittances rise fastest in four months

July remittances rise fastest in four months.....»»

Category: newsSource:  philstarRelated NewsSep 15th, 2017

Remittances up 8% to $2.76 billion in October

Personal and cash remittances booked their fastest growth in six months, rising by at least eight percent in October as overseas Filipinos continued to send more money to their loved ones in the Philippines ahead of the Christmas holidays, the Bangko Sentral ng Pilipinas (BSP) reported yesterday......»»

Category: financeSource:  philstarRelated NewsDec 18th, 2018

Overseas Filipinos’ cash remittances (October 2018)

MONEY sent home by overseas Filipino workers (OFWs) grew by its fastest clip in six months in October, according to data the Bangko Sentral ng Pilipinas (BSP) released on Monday, prompting analysts to expect household spending that fuels overall economic growth but whose growth has slowed lately to have picked up this quarter. Read the […].....»»

Category: newsSource:  bworldonlineRelated NewsDec 17th, 2018

Pace of dollar remittance growth continues to ease; up 2.4% in Jan-Aug 2018

The amount of dollars sent home by expatriate Filipinos rose further in the first eight months of the year, but data from the Bangko Sentral ng Pilipinas (BSP) also showed a worrisome trend of tapering growth in recent months for remittances, a key leg of the country's economy. In a statement, BSP Deputy Govenor Cyd Tuao-Amador said personal remittances from overseas Filipinos increased by 2.4 percent year-on-year to reach $21.2 billion in the first eight months of 2018. The central bank's data revealed that the monthly rise in the cumulative amounts of remittances this year have been moderating, compared to monthly data for the same periods last year --- a phenomenon which the cen...Keep on reading: Pace of dollar remittance growth continues to ease; up 2.4% in Jan-Aug 2018.....»»

Category: newsSource:  inquirerRelated NewsOct 15th, 2018

Remittances rebound to 17-month high in April 2018

Remittances from overseas Filipinos rebounded strongly in April, booking its fastest growth in 17 months after registering its steepest decline in almost 15 years last March, the Bangko Sentral ng Pilipinas reported yesterday......»»

Category: financeSource:  philstarRelated NewsJun 19th, 2018

HSBC: Remittance growth likely steady at 4.5% in March

Money sent home via banks by migrant Filipinos likely posted steady growth in March, banking giant HSBC said. “We expect March remittances to rise 20.5 percent month-on-month, after two straight months of sequential contraction. This would lead to a rise of 4.5 percent year-on-year . . . ,” HSBC said. February also saw a 4.5-percent [...] The post HSBC: Remittance growth likely steady at 4.5% in March appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsMay 14th, 2018

Remittances recover in Oct, grow fastest in 7 months

MANILA, Philippines — Remittances from overseas Filipinos rebounded strongly in October after shrinking in September, growing fastest in seven months amid th.....»»

Category: financeSource:  philstarRelated NewsDec 15th, 2017

Remittances surged in August

Remittances surged 16.3 percent in August from a year ago, the fastest growth in 29 months and fueling the growth of consumer spending in the third quarter......»»

Category: financeSource:  thestandardRelated NewsOct 17th, 2016

Remittances grow at fastest pace in 4 months

MANILA, Philippines - Money sent home by Filipinos abroad expanded 4.8 percent to $2.33 billion in June, bringing the first half tally closer to the Bangko S.....»»

Category: financeSource:  philstarRelated NewsAug 15th, 2016

Horizon Plaza: New high rise to boost Legazpi Citys skyline

By Emmanuel P. Solis LEGAZPI CITY &'8212; A top developer here announced the groundbreaking within the next two months of a P2B high-rise building, the newest attraction to dot the skyline of this city, recognized as one of the fastest-growing and most co.....»»

Category: newsSource:  bicolmailRelated NewsJul 28th, 2016

Horizon Plaza: New high rise to boost Legazpi Citys skyline

By Emmanuel P. Solis LEGAZPI CITY &'8212; A top developer here announced the groundbreaking within the next two months of a P2B high-rise building, the newest attraction to dot the skyline of this city, recognized as one of the fastest-growing and most co.....»»

Category: newsSource:  bicolmailRelated NewsJul 28th, 2016

Imports rise to 3-month high in May

MANILA, Philippines Heightened demand for capital and consumer goods pushed imports to grow at the fastest pace in three months, the Philippine Statistics.....»»

Category: financeSource:  philstarRelated NewsJul 27th, 2016

Remittances increased 3.1% to $26.1 billion in eleven months

Remittances increased 3.1% to $26.1 billion in eleven months.....»»

Category: financeSource:  thestandardRelated NewsJan 16th, 2019

Doctors warn of rise in influenza A, B cases

he Philippine Society for Microbiology and Infectious Diseases (PSMID) yesterday asked the public to get flu shots, warning that there has been an increase in cases of influenza A and B in the past months......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2019

PBA 43 Review: For Phoenix, there’s beauty in the Beast

The PBA's 43rd season was a loooooong one. Seriously, it started December of 2017 and it ended December of 2018. That's 12 months of almost non-stop basketball. But with the current PBA season finally drawing to a close, it's time we look back at how each team fared in 2018. Today, we take on the Phoenix Fuel Masters.   BEAUTY IN THE BEAST Phoenix’s season was going nowhere fast. Despite a new coaching staff, the Fuel Masters simply just fell short in the Philippine Cup. Growing pains and just bad luck. A promising Commissioner’s Cup then went downhill almost immediately. Maybe it’s not just bad luck. Phoenix’s ceiling may not be just that high. And then the Fuel Masters landed a star just before the Governors’ Cup, trading for the disgruntled Calvin Abueva for pretty much nothing. That development, coupled with super import Eugene Phelps returning for another tour of duty, and it looked like Phoenix was ready to rise. And rise they did. Phoenix got its best finish ever in the Governors’ Cup, finishing as the no. 2 seed just behind two-time champion Brgy. Ginebra. However, growing pains and inexperience doomed the Fuel Masters again and they got swept in the quarterfinals, failing to win their first-ever playoff game in franchise history. Still, Phoenix’s late-season revival puts the team right in the thick of things playoff race moving forward. With key pieces in place and a super resident import, further experience can be the edge the Fuel Masters need. Phoenix’s 2018 season was going nowhere fast, but a great push towards the end sets up the team to greater heights next year.   Phoenix FUEL MASTERS in the 2017-2018 PBA Season Philippine Cup: 5-6 (9th place) Commissioner’s Cup: 4-7 (10th place) Governors: Cup: 8-3 (2nd place) Overall: 17 wins and 16 losses. One playoff appearance.   POST DRAFT NOTE: Phoenix had two first round picks but traded the higher one for veterans Alex Mallari and Dave Marcelo, opting for more proven commodity that one that they have to develop. Still, the haul for the Fuel Masters include guys like forward Jorey Napoles and guards Ron Dennison and Joe Trinidad. The FEU boys mean familiarity and can be counted on to fit in while Napoles and Ivan Villanueva should give insurance up front for Phoenix in the 2019 season.   — Follow this writer on Twitter, @paullintag8.....»»

Category: sportsSource:  abscbnRelated NewsDec 29th, 2018

2 bedroom Condominium For Sale in Ususan for 3,587,500 – Web reference 113634585 – Property for sale Philippines : Property24

PROMO 5% MOVE IN, 5% IN 6 MONTHS, 90% FINANCING CYPRESS TOWERS Find a home next to Bonifacio Global City and the Makati CBD. This three-tower high rise community is nestled in 10,700 sqm of prime land located along C-5 Road. It features studio, 2-bedroom, and 3-bedroom units that range from P1.3M to P6.4m. Enjoy… link: 2 bedroom Condominium For Sale in Ususan for 3,587,500 – Web reference 113634585 – Property for sale Philippines : Property24.....»»

Category: newsSource:  manilainformerRelated NewsDec 29th, 2018

GOCC subsidies rise 35% in 10 months

The national government has granted P126.39 billion in subsidies to government-owned and -controlled corporations (GOCCs) in the past 10 months, with the bulk going to health care and irrigation programs, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsDec 24th, 2018

2 bedroom Condominium For Sale in Amang Rodriguez Avenue for 4,862,600 – Web reference 113620241 – Property for sale Philippines : Property24

Ready for Occupancy low Down Payment Mirea Residences is developed by the country’s leader in resort – inspired communities Land Area: 38,895sqm Development Type; Mid Rise Condominiums Architectural Theme: Neo Asian Minimist: Bilding: * 8 Building Ready For Occupancy 15% Down payment payable in 12 months 85% Bank Financing Hurry Reserve a unit Now. Mirea… link: 2 bedroom Condominium For Sale in Amang Rodriguez Avenue for 4,862,600 – Web reference 113620241 – Property for sale Philippines : Property24.....»»

Category: newsSource:  manilainformerRelated NewsDec 23rd, 2018

Kings of the World: Team Lakay s dominance highlights 2018 in Mixed Martial Arts

As always, 2018 offered up another year's worth of memorable moments from the world of mixed martial arts.  From the East to the West, the world's fastest growing sport found a way into sports headlines, and here are some of the biggest stories inside and out of the cage from the past twelve months.    "CHAMPIONS ARE NOT BORN, THEY ARE MADE" 2018 definitely belonged to famed Filipino mixed martial arts stable Team Lakay.  The humble La Trinidad, Benguet-based gym has established themselves as the top team in the Philippines for the past few years, but in 2018, they cemented their status as one of the best in the world.  Building off their elite-level striking skills and continuously-improving grappling accumen, the boys from Baguio City dominated Singapore-based MMA promotion ONE Championship, capturing four world championships in just a span of a single year.  Flyweight star Geje "Gravity" Eustaquio opened the year with an interim championship win over former champion Kairat Akhmetov in Manila back in January. Six months later, Eustaquio dropped the "interim" tag by defeating two-time champion Adriano Moraes in Macau to become the undisputed ONE Flyweight World Champion.  After putting together a tremendous winning streak, young strawweight star Joshua "The Passion" Pacio earned a well-deserved rematch for the ONE Strawweight World Championship against two-time champion Yoshitaka "Nobita" Naito. Back in September, Pacio erased the bitter memory of his previous defeat against Naito two years prior by stifling the Japanese submission specialist with impeccable grappling defense to earn a unanimous decision win and capture the strawweight crown in Jakarta. Much like his stablemate Eustaquio, Kevin "The Silencer" Belingon had to go through two world champions to take his place at the top of the bantamweight division. After blasting former world title challenger Andrew Leone with a now-famous spinning back kick in April, Belingon dominated then-two division world champion Martin Nguyen to become the ONE Interim Bantamweight World Champion and finally earn a long-awaited rematch with long-time bantamweight king Bibiano Fernandes. In November, Belingon did what no other man in ONE has done and defeated Bibiano Fernandes via split decision to become the undisputed ONE Bantamweight World Champion, ending Fernandes' seven-year winning streak and five-year reign as ONE world champion.  Capping off Team Lakay's spectacular 2018 campaign was the return to glory of arguably the biggest homegrown MMA star in the country, Eduard "Landslide" Folayang. After losing his title twelve months prior, Folayang put on a masterclass against dangerous Singaporean contender Amir Khan at ONE: Conquest of Champions in Manila in early December to once again capture the ONE Lightweight World Championship for the second time in his storied career.  Outside the ONE Championship banner, another world champion from Team Lakay continues to reign, as BRAVE Combat Federation Bantamweight World Champion Stephen "The Sniper" Loman successfully defended his title twice in 2018.    THE TRUTH RETURNS Speaking of Filipino world champions, the biggest one of them all finally made his return in 2018.  After a two-year absence due to outside commitments, reigning ONE Heavyweight World Champion Brandon "The Truth" Vera made his way back to the cage, and his comeback was nothing short of explosive.  Taking on the hard-hitting Italian challenger Mauro Cerilli in Manila last December 7th, Vera needed only 64 seconds to dispatch Cerilli via knockout and remain the king of the ONE Championship heavyweight kingdom.    NOTORIOUS Conor "The Notorious" McGregor was arguably the biggest combat sports star of 2017, after crossing over to boxing and facing off against Floyd Mayweather Jr. in the year's biggest combat sports event.  In 2018, the Notorious one was all over the headlines once again.  In April of 2018, McGregor was stripped of the UFC Lightweight World Championship due to inactivity.  Earlier that month, the Irish star was at the forefront of a backstage melee during the UFC 223 media day in Brooklyn, New York that saw McGregor hurl a dolly at a bus full of fighters, leading to a number of minor injuries. McGregor would later be slapped with charges due to the attack.  In August, it was announced that McGregor would be making his return to the Octagon to challenge reigning lightweight king Khabib "The Eagle" Nurmagomedov, who was the initial target of McGregor's backstage bus attack earlier that year.     "I COME FOR SMASH THIS GUY" The drama-filled leadup to the UFC Lightwieght World Championship bout between Khabib Nurmagomedov and Conor McGregor made it no doubt one of the most anticipated matches of the year, and when the two were finally locked inside the Octagon, it didn't disappoint.  Nurmagomedov ultimately imposed his will, grounding McGregor for three rounds, before finishing the Irishman off in the fourth round with a rear-naked choke to remain unbeaten and retain the UFC's 155-pound strap.  What happened after, however, overshadowed everything that came before it.  After forcing McGregor to tap out, Nurmagomedove scaled the Octagon fence and jumped out to the crowd to confront Dillon Danis, McGregor's grappling coach.  It didn't take long for mayhem to ensue, as chaos broke out inside and out of the cage.  Both Nurmagomedov and McGregor have been suspended indefinitely, with the final hearing, which will decide the fate of the two fighters, expected to take place this month.    THE HOME OF MARTIAL ARTS Since ONE Championship's inception in 2011, it has primarily operated as a mixed martial arts promotion. In the past years, ONE has put on grappling superfights and special martial arts bouts.  In 2018 however, ONE took it to a whole new level by introducing the ONE Super Series back in April, which features Muay Thai and kickboxing bouts.  The new wrinkle has attracted some of the world's best strikers, including Giorgio Petrosyan, Yodsanklai IWE Fairtex, Andy Souwer, Cosmo Alexandre, and many more.  ONE also dipped their foot in boxing, bringing in reigning WBC Super Flyweight World Champion Srisaket Sor Rungvisai as the headliner for ONE's October card in Bangkok, where he successfully defended his title against Mexican challenger Iran Diaz in front of a raucous hometown crowd at the Impact Arena.    "DC" ALSO STANDS FOR "DOUBLE CHAMP"  No other fighter has had a better 2018 than Daniel "DC" Cormier.  After being named the UFC Light Heavyweight World Champion after Jon Jones tested positive for banned substances during their 2017 title bout, Cormier successfully defended the 205-pound belt against Volkan Oezdemir.  Six months later, Cormier jumped up to heavyweight and shocked the world by knocking out the once-dominant champion Stipe Miocic to become just the fifth two-division world champion and the second simultaneous two-division world champion in UFC history.  In November, DC made even more history by becoming just the first fighter in UFC history to successfully defend world titles in two weight divisions after submitting Derrick Lewis in the second round.    BIG STARS HEAD EAST Asian mixed martial arts giant ONE Championship made worldwide MMA news in 2018 after snagging a handful of big name talents in former UFC and Bellator Lightweight World Champion Eddie "The Underground King" Alvarez, former long-time UFC Flyweight World Champion and pound-for-pound great Demetrious "Mighty Mouse" Johnson, and former UFC lightweight and welterweight standout  "Super" Sage Northcutt.  Alvarez and Northcutt signed with ONE after their UFC contracts had expired, while Johnson made his way to ONE via the first-ever trade in MMA history, which sent former ONE Welterweight World Champion Ben "Funky" Askren to the UFC.  All three stars are set to make their debuts in 2019.  Aside from bringing in top-tier athletes, ONE also brought in another big name to fill an executive spot, with former UFC and Strikeforce Women's Bantamweight World Champion Miesha Tate coming in as a Vice President. .....»»

Category: sportsSource:  abscbnRelated NewsDec 22nd, 2018