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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......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Philippines lodges strong protest with China over water cannon attack in disputed South China Sea

Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Philippines lodges strong protest with China over water cannon attack in disputed South China Sea

Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

India backs Philippines in dispute with China

New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»

Category: newsSource:  manilanewsRelated NewsMar 27th, 2024

India backs Philippines in sea dispute with China

New Delhi has drawn a strong response from Beijing after reiterating its support for Manila in a territorial dispute India has "firmly reiterated" its support for the Philippines and its "national sovereignty," as Manila remains locked in a territorial dispute with Beijing in the South China Sea. Ten.....»»

Category: newsSource:  manilanewsRelated NewsMar 27th, 2024

Executioner

Earlier this week, Trump adviser Peter Navarro finally stepped into jail......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Why Trump May Benefit from Truth Social Stock Market Merger

A recent study has shed light on the negative effects of excessive screen time on children’s development. Researchers have found that children who spend extended.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 22nd, 2024

China summons Philippine ambassador over Marcos’ Taiwan greeting | The wRap

The wRap highlights: China-PH relations, Donald Trump, 2024 Emmys.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2024

BOJ actions fuel yen’s biggest rally

The Japanese yen surged 3.39 percent against the US dollar last week. .....»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Philippines posts 1.2 bln USD surplus in March

MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»

Category: newsSource:  manilanewsRelated NewsApr 19th, 2024

European markets plunge on new virus strain

European stocks, oil prices, and the pound slumped Monday as a highly infectious strain of coronavirus in Britain had traders seeking shelter.Sterling lost 1.3 percent against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach.The euro gained 1.0 percent against the […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Forex buffer hits 2-year high

The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Philippines dollar reserves slip to $102.67 billion

The country’s foreign exchange buffer slipped to $102.67 billion in February, the second straight month of decline, acccording to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Dollar strength, Asian challenges

Recent robust US economic data (nonfarm payrolls, January CPI figures) have dashed hopes for a March rate cut by the Fed......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Wildlife forensics: how science is helping to combat a billion-dollar organized crime industry

Another day at the airport, another routine inspection for a Customs Officer.She finishes examining the contents of one shipment - nothing of note. But then, she spies a crate labeled 'exotic reptiles.'Suspicious, she opens the shipment and begins to search among the crates. And there, tucked away in a corner, is a collection of turtle shells and other wildlife products.She pauses. Have these shell.....»»

Category: newsSource:  philippinetimesRelated NewsMar 2nd, 2024

Metrobank raises record $1 billion from international bond market

Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Metrobank looking to raise $0.5-B in USD debt offering

Metrobank announced that it has selected Bank of America Securities and UBS as joint global coordinators to run a process to sell up to $500 million in dollar-denominated senior unsecured notes, “with option to upsize”......»»

Category: financeSource:  philstarRelated NewsFeb 28th, 2024

Global Cybercrime Treaty: A delicate balance between security and human rights

 Cybercrime is a multi-trillion-dollar business. Drugs and weapons are being bought on the "dark web", fraudsters are fleecing members of the public in elaborate online scams, and terrorists are grooming supporters and recruiting fighters. Recognizing the growing dangers of cybercrime, the UNhas set.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 27th, 2024

Russia s trade with key BRICS partners now almost dollar-free

95% of the country's transactions with India and China were conducted in local currencies last year National currencies were used in 95% of Russia's trade with China and India last year, the secretary general of the International Chamber of Commerce (ICC), Tatiana Monaghan, revealed on Monday.   According.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 13th, 2024