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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MacroAsia profit drops 45% as costs, weaker affiliate earnings bite

Corporate 0
Higher operating costs and weaker contributions from associates, particularly aircraft maintenance unit Lufthansa Technik Philippines (LTP), dragged down MacroAsia Corp.’s nine-month net income attributable to parent-company shareholders by 45 percent to P560.4 million, despite revenue growth across its food services, airport ground handling and water businesses.

VinFast brings updated electric VF 8 SUV to Manila

Mobility 0
VinFast has introduced its updated VF 8 electric SUV in the Philippines, pricing the five-seater from P1.55 million with a battery subscription or P1.79 million with the battery included.

October US inflation raises Fed rate hike stakes

Markets 0
US consumer prices rose more than expected in October, strengthening expectations that the Federal Reserve will raise interest rates next month, lifting yields and pressuring equities.

Pax Silica hub agreement still targeted for yearend signing

Communications & Technology 0
The Philippines remains hopeful of signing the master agreement for the proposed Pax Silica advanced manufacturing hub before yearend, with negotiations progressing and no major substantive issues threatening a deal, Trade Undersecretary Ceferino Rodolfo said.

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