Tag: OFWs

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Symphony Homes courts OFWs as access improves

Property Context.ph Context.ph -
Symphony Homes is sharpening its pitch to overseas Filipino workers (OFWs) and first-time homebuyers, betting that improving infrastructure and practical housing options will unlock fresh demand in emerging growth corridors.

Personal remittances steadily rise in January to USD3.24B

Top News Context.ph Context.ph -
Personal remittances from overseas Filipinos (OFs) rose by 2.9 percent to USD3.24 billion in January 2025, compared to USD3.15 billion in the same period last year, marking a steady increase despite global economic challenges. This uptick in remittances, which are a critical driver of the Philippine economy, reflects the continued resilience of both land-based and sea-based Filipino workers abroad.

Global payments firm urges OFWs to welcome 2023 with better money habits

Banking & Insurance Context.ph Context.ph -
For many Filipinos, 2023 is a new year faced with the same economic challenges from 2022. Sustained high inflation has unfortunately made many Filipinos...

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PH, Egypt explore new trade openings, revive economic talks

Trade & Investments 0
The Philippines and Egypt are exploring new avenues for trade and investment cooperation, with discussions ranging from textile manufacturing opportunities using premium Egyptian cotton to the possible revival of a bilateral economic committee aimed at deepening commercial ties.

Mixed fuel price adjustments set this week; supply levels rise

Energy & Mining 0
The Department of Energy (DOE) announced mixed price adjustments for fuel this week. Gasoline may drop by as much as P1.70 per liter or rise by up to P0.30 per liter.

Nine advance in first review of PH offshore wind auction

Agriculture 0
The Department of Energy (DOE) has confirmed that nine companies have passed the initial evaluation for offshore wind projects under the fifth Green Energy Auction (GEA5), down from more than 20 original applicants.

Sectors push corn as bioethanol feedstock amid fuel, food trade-off

Agriculture 0
The Department of Agriculture (DA) has confirmed growing calls to amend Joint Administrative Order No. 2008-1, which limits approved bioethanol raw materials to only sugarcane and molasses, to include corn as an additional feedstock. The proposal remains under review and awaits final decision from the National Biofuels Board, with officials noting the move is being reconsidered amid an ongoing fuel crisis.

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