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OFW remittances rose 5.4% to $2B—BSP

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Bangko Sentral ng Pilipinas building INQUIRER FILE PHOTO

Cash transfers from the country’s migrant workers rose in line with government expectations in May, as Filipinos remained in-demand to fill both skilled and unskilled positions around the world.

Posted: July 15th, 2014 in Latest Business Stories | Read More »

An inspiration for OFWs to follow (There is life after being one)

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IMELDA Ahalul-Dagus (left), Dennis Ahalul and Putri Kumala Sug-Elardo. Tausugs about to open a cafe in Zamboanga after having 5 cafes in Jolo now.

Back story: In January 2012 I went to Sulu and met the owner proprietor of the only café in Sulu called Dennis Coffee Shop. I then wrote about my visit entitled “Sulu coffee is alive and brewing” in the PDI sometime February 2012.

Posted: June 22nd, 2014 in Featured Gallery,Headlines,Photos & Videos | Read More »

Growth in OFW remittances slowed to 5.6% in February

Growth in remittances from migrant workers slowed to an 11-month low in February despite the sustained demand for Filipino labor in developed countries, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.

Posted: April 16th, 2014 in Headlines | Read More »

6K seafarers, OFWs joining expo

More than 6,000 seafarers, mariners and overseas Filipinos worldwide (OFWs) are expected to take advantage of the business opportunities, Christmas sale and Family Fun Day at the Mega Balikbayan/OFW Expo slated at the SMX Convention Center Metro Manila on Dec. 10 to 11.

Posted: November 9th, 2013 in Headlines | Read More »

Remittances rose by 6.8% in August

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Money sent home by overseas Filipino workers (OFW) continued to rise in August, helping sustain consumer demand that drives the local economy, according to the Bangko Sentral ng Pilipinas (BSP).

Posted: October 17th, 2013 in Editor's Pick,Headlines | Read More »

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