Foreign Affairs Secretary Teodoro Locsin Jr. on Sunday thanked those who advocated for the abolition of the ‘kafala’ system in Saudi Arabia which will take effect beginning today, March 14, 2021. Foreign Affairs Secretary Teodoro Locsin Jr. (PCOO / FILE PHOTO) “Thank you unreservedly to those...
WorldRemit, a leading digital cross-border payments business, is ringing in the new year with a new remittance partner in the Philippines with Palawan Pawnshop. Through this partnership, WorldRemit recipients can now directly quote WorldRemit when claiming their cash remittances at Palawan...
BRIA Homes is positioning its housing projects to overseas Filipino workers (OFWs), who are on the lookout for affordable hose and lots in safe and gated communities. Red Rosales, president of BRIA Homes, said BRIA Homes has more than fifty housing prospects all over the country. “BRIA’s...
Bank-channelled remittances totaled $21.886 billion as of end-September, down 1.4 percent year-on-year from $22.187 billion, the Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Benjamin E. Diokno said the decline in remittances has narrowed and “better than original forecast of five...
State-owned Overseas Filipino Bank (OFBank), the country’s first digital-only and branchless lender, has secured more than 10,000 new deposit accounts in less than four-months of operation, the Department of Finance (DOF) said. In a report submitted to Finance Secretary Carlos G. Dominguez...