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I-Remit teams up with Lakhoo for remittances from Oman

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Screengrab from www.myiremit.com

The cash transfer company I-Remit Inc. has teamed up with Lakhoo Money Exchange, one of the leading institutions in Oman, to expand its remittance coverage in the Middle East.

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

Pagcor remittance hits record P21.2B in 2013

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Pagcor chairman and  chief executive officer Cristino Naguiat  INQUIRER file photo

The Philippine Amusement and Gaming Corporation’s (Pagcor) reported on Thursday its “highest recorded” remittance to the government in the amount of P21.20 billion last year.

Posted: January 30th, 2014 in Latest Business Stories | Read More »

Remittances seen up 5%

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The growth in money sent home by migrant workers may be sustained through 2014 despite coming from a higher base as global economic conditions improve, leading to an increase in demand for skilled Filipino labor.

Posted: December 1st, 2013 in Headlines | Read More »

8 tips on how to send money from the Philippines to anywhere in the world

westren-union

1. Canvass the best service cost for you.   2. Choose the most trusted money transfer service provider.   3. Get a provider that’s fast! There are money transfer providers that offer overseas money transfers in minutes. Yes, that quick!   4. Choose the one with very accessible locations. Like a provider with many locations [...]

Posted: June 27th, 2013 in Photos & Videos | Read More »

’12 current account surplus hits $7.1B

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The country’s current account surplus increased slightly in 2012 in view of the continued rise in foreign exchange remittances and the recovery of the export sector.

Posted: March 22nd, 2013 in Editor's Pick,Headlines | Read More »

Remittances up 5.4% to $1.8B in July

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AFP FILE PHOTO

Cash remittances from Filipnos overseas amounted to $1.8 billion in July, up year-on-year by 5.4 percent.

Posted: September 17th, 2012 in Latest Business Stories | Read More »

Send money to Philippines with Western Union ‘No Transfer Fee’ promotion

western-union

In today’s economy, every dollar counts and convenience is critical as peoples’ lives get busier. To help address both, Western Union is now offering a “No Transfer Fee” promotion on qualifying transfers and other promotions for U.S. customers sending money online to the Philippines.

Posted: June 21st, 2012 in Latest Business Stories,Remittance | Read More »

Xoom, PAL announces special offer for Filipino remitters

SAN FRANCISCO, California—Premier online money transfer company Xoom.com has announced its partnership with the national carrier, Philippine Airlines.  First-time Xoom customers who send money to the Philippines between April 10, 2012-December 31, 2012 are entitled to 2,500 bonus Mabuhay Miles. “We are excited to have Xoom.com as a Mabuhay Miles partner,” said PAL assistant vice [...]

Posted: April 14th, 2012 in Latest Business Stories | Read More »

August remittance up 11.1%

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MANILA, Philippines—Remittance accelerated to a double-digit pace of growth in August amid sustained rise in demand for Filipino workers, fueling hopes this could push consumption and overall expansion of the economy in the remainder of the year following a slowdown in the first half. The Bangko Sentral ng Pilipinas (BSP) on Monday reported that remittances [...]

Posted: October 17th, 2011 in Latest Business Stories,Remittance | Read More »

Metrobank expands remittance service with MoneyGram International

MANILA, Philippines—The Metropolitan Bank & Trust Co. (Metrobank) has partnered with leading global payments company MoneyGram International to extend its money transfer service to Filipinos abroad. Metrobank was the first MoneyGram agent in the Philippines to implement AgentConnect, a platform integrating the money transfer service with the bank’s system.  With this platform, beneficiaries receive cash [...]

Posted: June 14th, 2011 in Latest Business Stories | Read More »

Visa, UnionBank tie up for money transfer business

Global credit card company Visa Inc. has entered the local remittance market with the launch of a new service that allows Filipinos in the Middle East to send money directly to their loved ones’ credit cards in the country. In a briefing earlier this week, the company announced its new partnership with UnionBank of the [...]

Posted: June 10th, 2011 in Headlines | Read More »

Airphil, I-Remit form partnership

Airphil Express, a fast-growing budget airline, has signed a partnership agreement with I-Remit, the largest non-bank Filipino-owned remittance company. I-Remit will be accepting payments for all Airphil Express domestic and international (Singapore-Manila only) flight bookings. Airphil Express operates domestic services with more than 23 local flights from Manila alone and international flights. Through the partnership, [...]

Posted: June 3rd, 2011 in Headlines | Read More »

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