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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 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 drop in June

Remittances from overseas Filipino workers contracted in June, tumbling to the lowest level in three months amid the decline in the deployment of Filipino workers due to the government’s repatriation program in the Middle East, the Bangko Sentral ng Pilipinas reported yesterday......»»

Category: financeSource:  philstarRelated NewsAug 16th, 2018

OFW remittances hit 4-month low in June

MONEY sent home by overseas Filipino workers (OFWs) in June was the lowest in four months, a result the Bangko Sentral ng Pilipinas (BSP) said was partly due to a government repatriation program. Personal remittances, which sum up the net compensation of OFWs, personal transfers whether in cash or in kind and also capital transfers between [...] The post OFW remittances hit 4-month low in June appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsAug 15th, 2018

BLOGTABLE: Biggest storylines during first month?

NBA.com blogtable What (or who) will you be watching intently during the first 4-6 weeks of the season? David Aldridge: Like many, I'll be an amateur Kawhiologist all season, looking for any clues -- all non-verbal, as we know Leonard won't be contributing his thoughts on the matter at any point -- of his future intentions. Will he develop a sudden love of poutine? Start telling reporters, "take off, eh, you hoser?" Any other lazy Canadian narratives I can think of? Seriously, the potential fit between Leonard and the Raptors could really change everything, starting with the Lakers' fever dreams of a second superstar to pair with LeBron. If Toronto convinces Leonard it's a place in which he can put down long-term stakes, the Eastern Conference changes dramatically. All of a sudden, the Boston Celtics' assumed rise to the top for the next several years would not be guaranteed. A Leonard-led Toronto franchise, with the young ballers the Raptors have in support, would be formidable. But if it becomes clear he's going to bounce, won't the Raps have to seriously think about moving him before the deadline? His first days/weeks there will be crucial. Tas Melas: Kawhi Leonard in Toronto. He was unanimously a top-five player when his playoffs ended on the foot of Zaza Pachulia in 2017. What is he now? Will he smile ALL THE TIME just to troll us? I’m very intrigued. Darkhorse: Speaking of great players, also very intrigued to see what Giannis Antetokounmpo does in coach Mike Budenholzer’s offense. Giannis needs some help and better synergy around him so he can win a playoff series already. Is a new coach, growth within, and Brook Lopez enough? Dark-Darkhorse:There seems to be something happening very quietly in Indiana. Will Victor Oladipo take it to another level? Is Myles Turner gonna follow Oladipo’s lead by both getting cut like him and producing a career season? Will Pacers fans be chanting: “Doug-ie! Doug-ie!” (McDermott). Shaun Powell: A trick question, right? Well, of course it's the Lakers, not necessarily to see if LeBron James is still great, but to see if the team's transitional path is laced with banana peels. Remember, the first few months of the Big Three in Miami was rocky, and the Oklahoma City Thunder never really meshed last season. New faces often translate into awkward moments. There's no reason to suspect the young pups and LeBron and the wacky supporting cast of Rajon Rondo and Lance Stephenson won't eventually work out the kinks, but seeing them try to do so initially -- and checking out the social media (over)reaction to that -- will be fascinating. John Schuhmann: The Lakers and Markelle Fultz. The Lakers, because of their youth and because playing with LeBron James is a big adjustment for a lot of players, should be a better team in February and March than they are in October and November. That doesn't mean that they won't be fascinating to watch, especially on offense where it's not clear how the pieces fit together, from Day 1. On an individual basis, Fultz is the player to watch early in the season. If his shot is fixed, if his confidence is restored, and if he can play alongside Ben Simmons, the Sixers will have a better bench (to go along with what was the league's best high-volume lineup last season), a more potent offense and a higher ceiling. Sekou Smith: In addition to keeping an eagle eye on the Los Angeles Lakers from the first whistle of training camp until the final buzzer in their season finale (and that includes the first 4-6 weeks of the season), I am genuinely intrigued by the Boston Celtics. We all assume they'll insert Kyrie Irving and Gordon Hayward back into the mix and elevate above the rest of the Eastern Conference now that LeBron James is with the Lakers. I know that's the way things are supposed to go. But I want to see it. I want to see if Jayson Tatum and Jaylen Brown continue to thrive with those veterans back in the mix. I want to see how coach Brad Stevens handles the minutes for Terry Rozier and Marcus Smart now that they've had a taste of the spotlight, a real taste. I need to see if their chemistry can survive the gathering storm of all that talent that's been assembled. We didn't get a chance to see it in action last season with Hayward going down five minutes into the season opener. It's a potentially fascinating group that could prove to be a true rival for the Golden State Warriors on the other side of the conference divide......»»

Category: sportsSource:  abscbnRelated NewsAug 11th, 2018

Two months after trade, Jeff Chan is PBA champion anew

MANILA, Philippines – Trades are complicated. They could sometimes have a hand in the rise or decline of a player's career.  In Jeff Chan's case, his recent trade to Barangay Ginebra led to achieving success earlier than he initially expected. Less than two months after he was shipped by the Phoenix ........»»

Category: newsSource:  rapplerRelated NewsAug 10th, 2018

Inflation hits poorest Filipinos decline

By Nelson S. Badilla The income of over 60 million poorest among the poor Filipinos fell sharply in the first six months of the year due to the continued rise of inflation, according to an independent research group. Ibon Foundation said, in a news statement, “that the poorest 60 million Filipinos have suffered income losses […].....»»

Category: newsSource:  tribuneRelated NewsAug 8th, 2018

Trade gap widens year-on-year in June amid sharp rise in imports

The Philippines posted a wider year-on-year trade deficit in June after exports went down while imports rose to its fastest pace this year, the government’s statistics agency reported Wednesday......»»

Category: financeSource:  philstarRelated NewsAug 8th, 2018

Prices rise 5.7%, fastest in 5 years

Consumer prices rose 5.7 percent in July, the fastest in five years, fueled mainly by faster increases in the prices of food and beverages, the Philippine Statistics Authority reported yesterday......»»

Category: newsSource:  philstarRelated NewsAug 8th, 2018

Food, fuel costs push up inflation

Higher food, fuel and transport costs pushed inflation nationwide to 5.7 percent last month, the fastest rise in over five years, the government said on Tuesday. Surging inflation reduced a family's purchasing power of P10,000 last year to only P9,430 last month. In Metro Manila, prices of basic goods and services rose further to 6.5 percent, up from 5.8 percent in June and 2.9 percent in July last year. Inflation in July nationwide marked the fifth straight month the rate has breached the central bank's 2-4 percent target for this year and next, leading some analysts to believe policymakers would deliver a rate hike as much as 50 basis points on Thursday. The inflation r...Keep on reading: Food, fuel costs push up inflation.....»»

Category: newsSource:  inquirerRelated NewsAug 8th, 2018

Dollar outflows in first 6 months more than twice 2018 target

Dollars continued to flow out of the domestic economy in the first six months of the year on the back of a ballooning trade gap due to the sustained rise in imports, the Bangko Sentral ng Pilipinas reported......»»

Category: newsSource:  philstarRelated NewsJul 19th, 2018

Remittances by Filipino workers continue to increase

The Bangko Sentral ng Pilipinas has announced that remittances of overseas Filipino workers continued to rise in May. On Monday, BSP said remittances in May reached US$2.7 billion, a 6.1% increase.....»»

Category: newsSource:  manilanewsRelated NewsJul 19th, 2018