Tag: OFWs

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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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BFAR steps up help for local salt farmers as imports dominate market

Agriculture 0
Government fisheries authorities are pushing for more support and safeguards for Filipino salt makers, as most of the salt used in the country comes from abroad.

Filinvest launches P1-B solar plant in Misamis Oriental, a first-of-its-kind project in PH

Energy & Mining 0
The Filinvest Group has launched its first large-scale solar power facility — a 20.774-megawatt installation in Tagoloan, Misamis Oriental — with over P1 billion in investment. Developed by subsidiary FDC Green Energy Corp., the ground-mounted plant sits inside the PHIVIDEC Industrial Estate, a key economic zone with ideal terrain and access to power infrastructure.

DA expands P20-per-Kg rice program in Kalinga, rolls out ₱285-M farm support

Agriculture 0
The Department of Agriculture (DA) has expanded its P20 per kilogram rice program in Kalinga province, while releasing about ₱285 million in additional agricultural aid for local farmers this year. DA Secretary Francisco Tiu Laurel Jr. led the launch activities in Tabuk City, which included facility inspections, farmer dialogues, and distribution of support covering rice, corn, livestock, high-value crops, and local development projects.

PNOC checks Batangas facilities ahead of state-procures LPG arrival

Energy & Mining 0
The Philippine National Oil Co. (PNOC) inspected LPG storage and port facilities in Calaca, Batangas over the weekend to confirm they are ready to receive, store, and safely handle 21,000 metric tons of government-procured LPG. This supply, sourced from the United States and transiting through Singapore, is due to arrive by the end of May.

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