Tag: OFWs

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Symphony Homes courts OFWs as access improves

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

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

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, Canada forge strategic partnership, push FTA

The Philippines and Canada have elevated their bilateral relationship to a Strategic Partnership, signaling a broader push to deepen trade, investment and labor cooperation as both countries target the completion of negotiations for a bilateral free trade agreement (FTA) before the end of the year.

Globe pushes network expansion, lower costs, and climate action in 2025 sustainability report

Globe has laid out its progress in building a more connected, resilient, and sustainable Philippines in its 2025 Integrated Report, titled “Foundations for the Future: Building Resilience Through a Connected Nation.” The document outlines how the company is embedding sustainability into its core strategy, balancing business growth with expanded digital access, environmental responsibility, and transparent reporting.

Domestic borrowing lifts government debt to P18.55T

The national government's outstanding debt climbed to P18.55 trillion at the end of May as robust domestic borrowing more than offset the relief from a stronger peso, underscoring Manila's continued reliance on the local bond market to fund its spending program.

Telcos fuse to share infrastructure, expand network reach

In a major shift for the local telecom industry, rivals PLDT Group (including its wireless arm Smart Communications) and DITO Telecommunity have signed a landmark agreement to share critical network infrastructure nationwide.

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