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
Job opportunities in Taiwan
More employment opportunities in Taiwan await Filipino jobseekers, the Philippine Star reported today.
In its business page, the local newspaper said that according to local recruiters, there are at least 30,000 jobs awaiting Filipino workers in Taiwan.
Pilipino Manpower Association of Taiwan, Inc. (PILMAT) president Jackson Gan said that factories in Taiwan are still in dire need [...]
May 2, 2010
Tags: business news, Employment, foreign relations, Job Opportunities, OFWs, oversea Filipino workers, Philippines, Taiwan Posted in: Announcement, Employment, Government, International relations, Job Opportunities, Labor, Opportunities, Philippine business news, Philippines, economy 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
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 they are [...]
March 25, 2010
Tags: burger, business franchise, champ, Filipino, Jollibee, KSA, langhap sarap, middle east, OFW, OFWs, overseas, Pinoy, Saudi Arabia, spaghetti Posted in: Philippine business news 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
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
Republic Act 9505 or the PERA Act of 2008
A new law that hopes to encourage Filipinos to invest more of their savings in high yield products has been signed recently. The PERA Law or Personal Equity and Retirement Account will be implemented by the Bangko Sentral ng Pilipinas (BSP) next year.
BSP Governor Amando M. Tetangco Jr., one of the signatories of the implementing [...]
October 22, 2009
Tags: Banks, Business, Filipino, finance, investments, money, OFWs, PERA Law of 2008, Philippines, RA 9505, Republic Act 9505, shares of stocks Posted in: Announcement, Government, Philippine business news, Philippines, banking, finance, investments, money No Comments
