BDO Unibank Inc., the country’s largest lender by assets, said geopolitical volatility in the Middle East has yet to dampen remittance flows, even as labor officials reported decline in repatriation requests following the recent ceasefire in the region. In a briefing, Genie Gloria, BDO senior...
Majority Leader Ilocos Norte 1st district Rep. Sandro Marcos is pressing for action regarding the House of Representatives ' earlier call for banks, remittance centers, and financial technology platforms to temporarily waive or reduce transaction fees to cushion the impact of rising costs....
A House leader wants to institutionalize in the 19th Congress a 50 percent reduction on the fee imposed on overseas Filipino workers' (OFWs) money remittances. OFWs at the Ninoy Aquino International Airport (Ali Vicoy/ MANILA BULLETIN) This benefit is the main feature of House Bill (HB) No. 185,...