Archive for the ‘OFWs’ Category
Lower remittance fees for OFWs
A new remittance system that will allow for a safer, faster and cheaper remittances by OFWs (overseas Filipino workers) will be implemented by the Bangko Sentral ng Pilipinas (BSP) starting on the third quarter of the year.
This is the new Philippine Payments and Settlements System or Philpass Remit System. Under this new system, the fee [...]
May 25, 2010
Tags: Business, finance, money, OFWs, Philpass, remittances Posted in: Announcement, Consumers, Government, OFWs, Philippine business news, Philippines, banking, economy, finance, money 
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More jobs for Filipino nurses and engineers in New Zealand and Australia
More job opportunities for Filipino nurses and engineers are waiting in New Zealand and Australia. Filipino professionals will have more chances of finding jobs in New Zealand and Australia as these two countries vowed to increase their demand for healthcare and skilled workers.
This commitment came after the enforcement of the ASEAN-Australia-New Zealand Free Trade Agreement [...]
May 9, 2010
Tags: business news, Career, Employment, engineerings, farm managers, Filipino professionals, job oppor, Job Opportunities, nurses, OFWs, Philippines Posted in: Announcement, Career, Employment, International relations, Job Opportunities, Labor, OFWs, Opportunities, Philippines, economy 2 Comments
iRemit to open more branches in Europe
After securing a license to operate in Europe, iRemit made true to its commitment of servicing overseas Filipino worker (OFWs) staying in the region with iRemit Europe.
Now, still the largest Filipino-owned non-bank remittance company, iRemit wants to strengthen its presence in Europe as it plans to open more branches in major cities in the region.
iRemit [...]
May 7, 2010
Tags: business news, finance, foreign currency, Foreign exchange, iRemit, Italy, money, non-bank, OFW, overseas Filipino workers, Philippines, remittance, Rome Posted in: Announcement, Consumers, Customer Service, Foreign exchange, International relations, OFWs, banking, economy, finance, money No Comments
Sale of OFW retail treasury bonds completed
The auction of the retail treasury bonds of the Philippine government has been completed and according to National Treasurer Roberto Tan, $500 million have been raise from the sale of the retail, multi-currency bond.
Tan was happy to report that they completed the total tender of $5000 million, based on the preliminary information he had received. [...]
April 27, 2010
Tags: finance, investment instruments, investments, money, OFWs, retail treasury bond, RTB Posted in: Foreign exchange, OFWs, Philippine business news, entrepreneurship, finance, investments, money One Comment
PNB, Bank of China tie up in handling remittances
Philippine National Bank (PNB), the country’s seventh largest bank in terms of assets, has signed an agreement with the Bank of China (BOC) in handling remittances of Chinese nationals who are based in Italy. PNB’s tie-up with BOC expands the market coverageВ PNB Italy SpA, which was established primarily to facilitate remittances of Filipinos who [...]
April 8, 2010
Tags: agreement, Bangko Sentral, bank, Bank of China, banking, Boc, contract, Foreign exchange, money, network, OFW, Philippine National Bank, Philippines, PNB, remittances Posted in: Corporations, Foreign exchange, OFWs, Philippine banks, Philippines, banking, economy, finance, money No Comments
More job opportunities in the US, according to POEA
The United States may really be on the rebound. The Philippines Overseas Employment Administration (POEA) said there will be more jobs in the US this year. Employment opportunities in the US would be mostly in the construction and oil industries, POEA said.
US is once again opening its doors to foreign workers, more than a year [...]
January 2, 2010
Tags: Employment, Job Opportunities, OFWs, Philippines, US, US economy Posted in: Announcement, BPO, Career, Corporations, Employment, Government, Job Opportunities, OFWs, Opportunities, Philippines, economy One Comment
Peso closed at 15-month high – 46 to $1
Peso closed at its highest for the last 15 months. Last Fridays dealing ended with the Philippine peso at a level of P46 to $1, in a 15-month record high attributed specifically to the influx of remittances for overseas Filipino workers.
Not surprisingly, because of the holiday season, we can expect more Filipinos overseas to send [...]
December 4, 2009
Tags: business news, dollar trading, finance, forex, money, Philippines Posted in: Foreign exchange, OFWs, Philippines, Pricing, banking, economy, finance, money No Comments
Globe gives OFW families cheaper means to communicate
Now, families who have love ones working overseas can now call reach to them in a more affordable rate. That is because Globe Telecom brings down international call and text rates.
The lower rates from Globe is the companies commitment to help local residents get more chance to spend more talk time with their families and [...]
November 28, 2009
Tags: communication, customer satisfaction, finance, Globe Telecoms, lower international call rates, mony, Philippines Posted in: Announcement, Consumers, Corporations, Customer Service, OFWs, Philippine business news, communications, money, promotions One Comment
iRemit to provide remittance services to OFWs in Europe
The largest Filipino-owned non-bank remittance company has further widen its customer base of overseas Filipino workers (OFWs).
iRemit was able to secure license to do business in Europe.
The remittance company stated in its disclosure to the Philippine Stock Exchange advising them of the registration of iRemit Europe in the general list of financial intermediaries as a [...]
November 26, 2009
Tags: business news, Filipinos, finance, iRemit, money, OFWs, Philippines, remittance services Posted in: Announcement, Consumers, Corporations, Customer Service, OFWs, Philippine business news, Philippines, e-commerce, economy, finance, money One Comment
A toast to outstanding Pinoys abroad
Do you know of someone who has made an exceptional success overseas? If you do, then here’s your chance to nominate them to be among this year’s outstanding Pinoys.
This is a search being conducted annually by the Bank of the Philippine Islands (BPI), as a tribute to exception overseas Filipinos in their respective fields. The [...]
June 23, 2009
Posted in: OFWs, outstanding Pinoy No Comments
