iRemit opens shop in Italy
The largest Filipino-owned non-bank remittance firm, iRemit, opens shop in Italy as part of its aggressive overseas expansion. I-Remit Inc. said its unit iRemit Global Remittance Limited was able to obtain authorization from the Financial Services in London and Banca D’Italia of Italy to convert its office in Rome into a branch. Operations will start [...]
July 29, 2011
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Tags: foreign exhange, iRemit, Italy, money, OFW, remittance · Posted in: Announcement, Business News, economy, finance, Foreign exchange, money, Philippine business news, Philippines, Remittance
PAL reduced airfares for Filipino evacuees from Japan
Flag carrier Philippine Airlines (PAL) slashed its fares by more than 30 percent to help Filipinos whom the Japanese authorities are forcing to evacuate from the leaking nuclear reactors at the Fukushima Prefecture. The discounted airfare will be for inbound flights from Narita, Japan. The new rate will be $335 from $500, for one-way trips [...]
April 19, 2011
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Tags: air travel, airfare, discounted airfare, Filipino, flag carrier, Japan, Lucio Tan, OFW, PAL, Philippine Airlines, promotion, reduced ticket price, travel · Posted in: Announcement, Customer Service, finance, Foreign exchange, Government, money, OFWs, People, Philippines, Pricing, Products, promotions, Transportation, Travel
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 [...]
May 7, 2010
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Tags: business news, finance, foreign currency, Foreign exchange, iRemit, Italy, money, non-bank, OFW, overseas Filipino workers, Philippines, remittance, Rome · Posted in: Announcement, banking, Consumers, Customer Service, economy, finance, Foreign exchange, International relations, money, OFWs
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 coverage PNB Italy SpA, which was established primarily to facilitate remittances of Filipinos who [...]
April 8, 2010
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Tags: agreement, Bangko Sentral, bank, Bank of China, banking, Boc, contract, Foreign exchange, money, network, OFW, Philippine National Bank, Philippines, PNB, remittances · Posted in: banking, Corporations, economy, finance, Foreign exchange, money, OFWs, Philippine banks, Philippines
Jollibee expands presence in Saudi
Homegrown fastfood giant Jollibee continue to expand its presence in the international fastfood business market. The latest store opened by the company was in KSA. It would be Jollibee’s fifth store in the Kingdom of Saudi Arabia which is located in Al Rahmaniyah Mall at Al-Khobar. Dennis Flores, Jollibee vice president for international operations said [...]
March 25, 2010
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Tags: burger, business franchise, champ, Filipino, Jollibee, KSA, langhap sarap, middle east, OFW, OFWs, overseas, Pinoy, Saudi Arabia, spaghetti · Posted in: Philippine business news
