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BDO Unibank opens Seoul office

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SCREENGRAB from www.bdo.com.ph

The country’s largest lender BDO Unibank Inc. has gained a foothold in South Korea to position itself to capture new business from Koreans who are keen on investing or living in the Philippines.

Posted: September 18th, 2014 in Latest Business Stories | Read More »

July cash remittances up 6% to $2.1 billion in July

By
AFP FILE PHOTO

Filipinos abroad sent back home cash worth $2.063 billion in July—the biggest amount on a monthly basis so far in 2014.

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

OFW remittances rose 5.4% to $2B—BSP

By
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 »

Growth in remittances slowed in April

By
money

Remittance flows from Filipinos abroad last April grew at its slowest pace so far this 2014, even as the demand for skilled Filipino workers in overseas job markets remained robust, data released by the Bangko Sentral ng Pilipinas (BSP) on Monday showed.

Posted: June 16th, 2014 in Latest Business Stories | Read More »

Sterling Bank rolls out deposit product for OFWs

By
Filipino domestic helpers line up to send money at a remittance center in the central district of Hong Kong in this 2008 file photo.  AFP/TED ALJIBE

Thrift bank Sterling Bank of Asia seeks to promote the habit of saving among overseas Filipinos with the rollout of a new deposit product that waives the initial deposit and minimum maintaining balance requirements for this sector.

Posted: September 24th, 2013 in Latest Business Stories | Read More »

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