OFW remittances hit 3-month high in March

Credit to Author: The Manila Times| Date: Wed, 15 May 2019 07:03:46 +0000

MONEY sent home by overseas Filipino workers (OFWs) rose to three-month high in March, the Bangko Sentral ng Pilipinas (BSP) reported on Wednesday. Personal remittances — comprising OFWs’ net compensation,…READ

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Gov’t launches second panda bond offer

Credit to Author: The Manila Times| Date: Wed, 15 May 2019 06:23:52 +0000

THE Philippines launched its three-year 2.5-billion renminbi panda bond offering in Beijing, China on Wednesday. “Today we are returning to the panda market. We are pricing as we speak the…READ

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‘Train’ boosts consumer demand – DoF

THE implementation of the first package of tax reform boosted consumer demand, which resulted in increased sales of retail firms and fast food chains, an official of the Department of Finance (DoF) said. “The significant growth in sales reported by retail establishments and restaurants point to the fact that people now have more money to spend […]

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