Philippine economic growth likely picked up above the three-percent level in the second quarter, mainly on improved spending on public goods and services, with most private-sector economists expecting the economy to perform better than in the previous quarter despite lingering headwinds from...
A 40-year-old man was arrested in Mexico, Pampanga, on Monday night, July 20, after allegedly duping 1,700 overseas jobseekers by claiming that only a “few slots” remained for jobs abroad. Operatives of the Quezon City Police District (QCPD) Project 4 Station served a warrant for syndicated...
Money sent home by overseas Filipinos (OFs) fell to $2.71 billion in May, dropping to its lowest level in a year and signaling that growth may be losing steam amid renewed deployment risks stemming from the Middle East conflict. The latest Bangko Sentral ng Pilipinas (BSP) data released on...
Elevated energy costs, weak investment, and softer domestic demand are slowing the Philippines’ recovery from its recent growth slump, according to Singapore-based United Overseas Bank Ltd. (UOB), warranting continued monetary policy tightening by the Bangko Sentral ng Pilipinas (BSP). In its...
Fresh off a string of sold-out performances in Canada and a packed Manila concert, Beks Battalion is preparing to reunite with Filipinos abroad through a series of shows across the United States. For the beloved comedy trio, the tour is about far more than taking the stage in different cities. For...
The Department of Foreign Affairs (DFA) on Thursday, June 25, said it is closely monitoring the situation in Venezuela after two powerful earthquakes struck the country 's northern coast on June 24. In a statement, the DFA said the Philippine Embassy in Bogota, which has jurisdiction over...
Money sent home by overseas Filipinos (OFs) fell to $2.72 billion in April, dropping from the $2.87 billion recorded in March to hit its lowest level since May last year, as tighter budgets constrained cash transfers. According to the latest data from the Bangko Sentral ng Pilipinas (BSP) released...
TEL AVIV, Israel—A single tray of pork longganisa, of corned beef and of rice would have passed on as typical Filipino breakfast except it was served here, where anything that reminded of home gave at least warmth for the heart of overseas Filipino workers (OFWs) who have chosen to stay, even on...
Tingog Party-list Representative Jude Acidre pushed for stronger reintegration laws for overseas Filipino workers (OFWs) so that they can come home to the Philippines with real opportunities. Acidre said it is imperative that the govvernment honor OFWs, not only as modern-day heroes, but as...
The Bangko Sentral ng Pilipinas (BSP) would likely continue hiking interest rates this year despite the lower-than-expected inflation rate in May, even as the pace of monetary policy tightening may be more gradual as economic growth remains subdued, according to Singapore-based United Overseas Bank...
President Marcos has assured overseas Filipino workers (OFWs) that they can rely on assistance whenever they need it wherever they may be. In his message for the Migrant Workers ' Day on Sunday, June 7, Marcos recognized the goodness, excellence, and resilience of OFWs in every corner of the...
Sandara Park, a member of K-pop girl group 2NE1, has been appointed as a goodwill ambassador for the Overseas Koreans Agency (OKA). The agency, headed by Commissioner Kim Kyung-hyup, held an appointment ceremony for Sandara, also known as Dara, on June 4 at its headquarters in Incheon, South Korea....
