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Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
Dollar remittances hit record high
The strong finish in December due to the holiday season boosted dollars sent home by Filipinos abroad to reach an all-time high of $37.2 billion in 2023, the Bangko Sentral ng Pilipinas said......»»
Remittances ease to $3 billion in November
Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»
Gwen: No ‘ayuda’ despite state of calamity in entire province
CEBU CITY, Philippines – Cebu Governor Gwen Garcia does not intend to give ‘ayuda’ or dole outs despite declaring a state of calamity in the entire province on Friday, May 17. The governor placed the entire province under a state of calamity after receiving reports of huge damages to agriculture amounting to over P176 million.....»»
Fewer jobless Pinoys in January – DOLE
The number of unemployed Filipinos declined in January, according to the Department of Labor and Employment......»»
200 jobseekers hired at SM job fair
Nearly 200 jobseekers were hired on the spot yesterday by various companies during an employment event organized by the Private Sector Advisory Council (PSAC) Jobs Committee, the Department of Labor and Employment (DOLE), the Quezon City government and SM City North EDSA......»»
Malabon fishermen get 20 boats from BFAR, DOLE
Members of four fisherfolk groups in Malabon yesterday received 20 motorized boats from the Bureau of Fisheries and Aquatic Resources as well as the Department of Labor and Employment......»»
P38 daily wage hike for Davao region workers
DAVAO CITY (MindaNews / 20 February) – The Regional Tripartite Wages and Productivity Board-Davao Region (RTWPB-Davao) has approved a P38 daily increase for minimum wage earners in the region, to be implemented in two tranches starting next month. In an announcement released by the Department of Labor and Employment (DOLE)-Davao on February 19, it said […].....»»
DOLE issues revised IRR on Service Charge Law
The Department of Labor and Employment has issued the revised implementing rules and regulations of the Service Charge law, which now excludes managerial employees from benefiting from the collected service charge......»»
DOLE to issue revised IRR for Service Charge Law
The Department of Labor and Employment will be issuing the revised implementing rules and regulations or IRR of the Service Charge Law......»»
DavNor vice guv denies involvement in ayuda scam
The Vice Governor of Davao del Norte has denied any involvement in the alleged ayuda scam following claims made during a Senate hearing chaired by Senator Ronald Bato Dela Rosa. The hearing revealed that public officials in Davao de Oro and Davao del Norte were linked to illegally using cash assistance from the Department of Social Welfare and Development (DSWD) and funds from the Department of Labor and Employment (DOLE) for political campaigns. Vice Governor De Carlo Oyo Uy refuted the allegations, stating that there is no truth to the claims. In response, Governor Edwin Kuya Gov Jubahib emphasized that he was protecting the welfare of his constituents and the country's budget. He called for the punishment of those involved. The governor had previously requested an investigation into the ayuda scam after individuals in the provinces received less than the intended assistance. The vice governor announced plans for a separate investigation to clear his name and clarified that the DSWD is solely responsible for the identification, assessment, validation, and distribution of cash assistance to beneficiaries......»»
Woman, where is your son? Son, where is your mother? A Holy Week reflection on OFWs and their families
As we observe the solemnity of Holy Week through various traditional practices, my thoughts are drawn to our kababayans (fellow Filipinos) abroad who mark this significant occasion far away from their homeland......»»
Golden Haven launches international campaign for OFWs
Golden Haven, the country’s leading memorial park developer, has launched its GO! International campaign, a groundbreaking initiative that aims to help overseas Filipino workers secure their financial future......»»
OFW aspirants told: Engage with licensed recruitment agencies only
CEBU CITY, Philippines — The regional director of the Department of Migrant Workers in Central Visayas (DMW-7) warned aspiring Overseas Filipino Workers (OFWs) to engage with only legitimate and licensed recruitment agencies. Lawyer Karl Arriola, DMW-7 director, told CDN Digital that even if he was a lawyer, he still subscribed to the doctors’ advice: Prevention.....»»
Remittances grow at slower 2.7 Percent pace in January
Personal remittances from overseas Filipino workers (OFWs) grew by only 2.7 percent to $3.15 billion in January from $3.07 billion in the same month last year, according to the Bangko Sentral ng Pilipinas (BSP)......»»
Hontiveros: Quiboloy must answer for alleged extortion of OFWs
Reynita Fernandez, an OFW based in Singapore, said that she and other migrant workers were pressured and harassed into giving 90% of their salaries to Quiboloy......»»
Aboitiz Land unlocks opportunities for OFWs
Aboitiz Land is reinforcing its commitment to empowering and supporting the financial well-being of overseas Filipinos by being part of the biggest celebrations in the Filipino community in the Dubai Barrio Fiesta in the United Arab Emirates......»»
GCash gets BSP nod to enter Europe, ME
E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»
Digital inclusion for modern Filipino heroes
“Bagong bayani” or “new heroes” is a phrase most often associated with Overseas Filipino Workers or OFWs......»»
Firm illegally sending OFWs to Poland padlocked
For reportedly illegally sending overseas Filipino workers to Poland, the Department of Migrant Workers shut down yesterday a consultancy firm in Makati......»»