DOF claims peso remains very strong
Finance Undersecretary Karl Kendrick Chua noted the peso is expected to remain broadly stable over the medium term as it is propped up by solid macroeconomic fundamentals along with the steady stream of remittances from overseas Filipino workers and ...
'KAPATID, ANGAT LAHAT': Presidential adviser Joey Concepcion's 3-part plan for MSMEs
“Everybody prospers together. We all move up,” Concepcion said. He likened the process to overseas Filipino workers who would send money back home to help their siblings better their lives. While the ideas in “Kapatid, Angat Lahat” aren't new ...
Filipinos in Vietnam back Duterte war on drugs
HANOI, Vietnam – The Filipino community in the Vietnam capital is backing President Rodrigo Duterte's war against illegal drugs as they look forward to discussing issues during his first official visit to the country. Leaders of the overseas Filipino ...
UAE- Duterte effect repels foreign investors
'Rody not to blame for weaker peso'
As the condition prevails, Diokno pointed out that there would always be winners and losers. The winners, he said, include the family members of overseas Filipino workers (OFWs), who stand to gain from the higher value of money sent by relatives abroad.
Peso depreciation 'no cause for concern' – Diokno
Strong dollar makes for weak peso: Diokno
Impending US rate hike triggers Philippine peso slide
ADB, IMF upgrade 2016 growth forecasts to 6.4% on strong domestic demand
“This will definitely put a little downward pressure in the economy in terms of remittances of the OFWs [overseas Filipino workers] and the decline in merchandise exports,” Chongvilaivan said. ADB also expressed support for the proposed tax reforms, ...
Weak peso to have little effect on prices of goods, fuel now – DTI
MANILA — The weakening of the peso against the dollar may likely have–at least for now–a negligible impact on the prices of consumer goods and imported fuel products, and may even benefit Philippine exporters, overseas Filipino workers (OFWs), and ...
Hajj passport racket: Heads must roll in DFA, NCMF, BI
The Manila Times
This is the passport commonly used by ordinary Filipinos and Overseas Filipino Workers (OFWs) to travel abroad. The hajj passport only came into being after the DFA issued Department Order No. 11-97, or the Implementing Rules and Regulations (IRR) for ...
BOC reiterates no physical inspection of balikbayan boxes
'KUARTA O KAHON' – This scathing message written on a balikbayan box sent by an Overseas Filipino Worker (OFW) from Taiwan (lifted from a Facebook post that has gone viral) practically encapsulates the sentiment of Filipinos about plans by the Bureau ...
Civil service exam eyed for OFWs in HK who want to work in Duterte gov't
Labor Secretary Silvestre Bello III has sought the help of the Civil Service Commission (CSC) for the conduct of the civil service examination for overseas Filipino workers (OFWs) in Hong Kong who want to return to the country for good. In a press ...
HK-based OFWs may soon be able to take civil service exams
US elections bring risks for overseas workers, call centers
Metro Manila (CNN Philippines) — A change in leadership in the United States could mark a shift in its trade and investment policies, a credit rater has warned. This has significant implications for the Philippines, particularly for its overseas ...
Philippine risk from US policy shift flagged
PH economy faces post-US election risks