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Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas

Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

LTO: Plastic drivers’ licenses delayed anew due to paper work issues

MANILA, Philippines — The promised plastic cards for driver’s licenses are facing delays, as they still need to overcome technical hurdles before becoming available to the public, Land Transportation Office (LTO) Chief Atty. Vigor Mendoza II said on Monday. The LTO said earlier that the Philippine Society of Medicine for Drivers donated four million plastic.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

Succession says farewell: 5 things to look out for at the Emmys

Delayed by four months due to Hollywood strikes, television's Emmy Awards will finally take place on Monday, with the final season of HBO's "Succession" expected to dominate the top drama prizes......»»

Category: entertainmentSource:  philstarRelated NewsJan 14th, 2024

US airlines cancel over 2,000 flights due to massive winter storm

Airlines in the United States canceled more than 2,000 flights on Friday after a massive winter storm knocked out power and affected businesses in 12 states ahead of a likely brutal freeze over the weekend. A total of 2,058 flights were canceled and 5,846 flights were delayed as of 5.30 p.m. ET, according to flight-tracking.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

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......»»

Category: newsSource:  davaotodayRelated NewsMar 29th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMar 22nd, 2024

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)......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Vilma Santos looks back on iconic scenes in ‘Anak’

In the ending of the film “Anak” released 24 years ago, Vilma Santos, playing an overseas Filipino worker mom, could be seen weaving through a sea of fellow OFWs in the bustling streets of Hong Kong while reading news from home on a handwritten letter — a scene that would become an iconic moment in Philippine cinema......»»

Category: entertainmentSource:  philstarRelated NewsFeb 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Digital inclusion for modern Filipino heroes

“Bagong bayani” or “new heroes” is a phrase most often associated with Overseas Filipino Workers or OFWs......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

OFWs pillar of Philippine economy – MVP

Modern-day heroes, figures of resilience – these are just some of the ways to describe what Filipinos living overseas mean to the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

Cebu-Based Filipino Homes Launches Global Partners Facility Against Scammers in Real Estate

Cebu-based Filipino Homes intensified its campaign against scammers in buying real estate properties with the launching of their “Global Partners” facility in Dubai, United Arab Emirates (UAE). The facility will help in particular Overseas Filipino Workers (OFWs) or Filipinos living abroad access to right information pertaining to property investments in the Philippines and other related […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 5th, 2024

Recto backs insurance for OFWs

The availability of insurance products should extend to overseas Filipino workers , according to Finance Secretary Ralph Recto – indicating the possible lifting of restrictions in the current framework......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Philippines reaffirms ‘One China policy’ after Marcos congratulates Taiwan’s Lai

'The message of President Marcos congratulating the new president was his way of thanking them for hosting our OFWs and holding a successful democratic process. Nevertheless, the Philippines reaffirms its One China Policy,' the Department of Foreign Affairs statement says.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2024

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 […].....»»

Category: newsSource:  journalRelated NewsJan 14th, 2024

P3.85 million given to NZ-based OFWs – DMW

The government has so far provided P3.85 million in financial assistance to overseas Filipino workers in who lost their jobs in New Zealand after the closure of a construction company, a Department of Migrant Workers (DMW) official said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024