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PSEi surges with strong foreign buying ahead of Lunar New Year break
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) rose on Thursday due to strong foreign buying ahead of the long weekend. By the end of trading, the PSEi went up by 0.29 percent (20.12 points) to reach 6,850.16, while the broader All Shares index rose by 0.21 percent (7.45 points) to 3,574.21. There will be.....»»
OFW continues tradition of Visita Iglesia in Las Vegas
CEBU CITY, Philippines – OFW Patrick Salinas shows that even from 7,000 miles away, people can still observe the Filipino Holy Week tradition of Visita Iglesia. Overseas Filipino Worker (OFW) and J1 teacher Patrick Salinas, who is based in Las Vegas, Nevada, shares how he spent his Maundy Thursday by continuing his family’s Holy Week.....»»
Philippines sees remittances rise 2.6 pct in March
MANILA, May 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3.05 billion U.S. dollars in March, recording a 2.6 percent growth year-on-year, the Philippine central bank said on Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances in the first quarter amounted to 9.15 billion dollars, 2.8 percent higher than the amount in the same period in 2023. The.....»»
Philippine remittances rise by 3 pct in February
MANILA, April 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 2.95 billion U.S. dollars in February, recording a 3 percent year-on-year growth, the Philippine central bank said on Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.8 percent to 6.10 billion dollars in the first two months, with the United States, Singapore, Saudi Arabia, and Japan.....»»
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......»»
Philippine remittances hit all-time high in 2023
MANILA, Feb. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached an "all-time high" of 37.2 billion U.S. dollars in 2023, 3 percent higher than the 36.1 billion dollars recorded in 2022, the Philippine central bank said on Thursday. "The robust inward remittances reflected the rise in the deployment of overseas Filipino workers due to the continuous increase in demand for foreign workers in host.....»»
Philippine remittances hit all-time high in 2023
MANILA, Feb. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached an "all-time high" of 37.2 billion U.S. dollars in 2023, 3 percent higher than the 36.1 billion dollars recorded in 2022, the Philippine central bank said on Thursday. "The robust inward remittances reflected the rise in the deployment of overseas Filipino workers due to the continuous increase in demand for foreign workers in host.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Weak plume emission noted in Taal Volcano
State volcanologists yesterday recorded a weak plume emission in Taal Volcano in Batangas as Alert Level 1 remains in effect around the area......»»
Weak hawk eagle rescued in Tuba, Benguet
A weak hawk eagle was rescued by village folk in San Pascual, Tuba, Benguet on Monday and found its temporary sanctuary at the office of the Department of Environment and Natural Resource (DENR)-Cordillera......»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
First Metro thinks PSEi could hit 7,500 this year
First Metro Investment Corp head of research, Cristina Ulang, said that the PSEi could rise to as high as 7,500 this year......»»
Mga OFW sa death row pinasasalba habang Ramadan
Dapat isulong ng gobyerno ang pagsalba sa mga overseas Filipino worker na nasa death row dahil tuwing Ramadan isinasaisip ng mga Muslim ang pagpapatawad sa nagkasala, ayon sa isang kongresista. The post Mga OFW sa death row pinasasalba habang Ramadan first appeared on Abante......»»
DMW sets April 15 deadline for kin of deceased Saudi OFW wage claimants
DMW sets April 15 deadline for kin of deceased Saudi OFW wage claimants.....»»
More OFW lounges in Philippines airports sought
The administration of President Marcos is determined to give back, through comfortable lounges, to overseas Filipino workers by “institutionalizing” 24/7 free OFW lounges in all international airports in the country, a senior administration lawmaker said......»»
1 ka OFW, laing 6 sud sa drug den, nasikop
1 ka OFW, laing 6 sud sa drug den, nasikop.....»»
Romualdez inspects OFW lounge to ensure convenience
HOUSE Speaker Ferdinand Martin Romualdez personally checked on the condition of the Overseas Filipino Worker (OFW) Lounge at the NAIA Terminal 1 to ensure that once opened for the OFWs, it will offer to them the kind of amenities and convenience that paying air passengers enjoy. Romualdez said the use of the new lounge will […].....»»
2 Practical Tips to Help You Save for Your Dream Summer Getaway
Summer has arrived, ushering in the allure of sandy beaches, tranquil retreats, and exhilarating adventures. Yet, for many of us, the prospect of embarking on that long-awaited getaway remains elusive due to financial constraints. But fear not, as there are indeed strategies to turn your summer reverie into a tangible reality without wreaking havoc on […].....»»
BSP Reports 2.6% Increase in Overseas Remittances
According to a recent report by the Bangko Sentral ng Pilipinas (BSP), personal remittances from Overseas Filipinos (OFs) saw a 2.6% rise in March 2024 compared to the same period last year. This year’s remittances surged from USD 2.97 billion in March 2023 to USD 3.05 billion, marking a 2.6% increase. BSP attributes this growth […].....»»