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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PEMC, PERPI team up to improve electricity market operations

Corporate Bulletins 0
The Philippine Electricity Market Corp. (PEMC) and the Philippine Energy Research and Policy Institute (PERPI) have signed a three-year agreement to work together on studies aimed at making the country’s electricity market run better. The deal establishes a formal partnership for research, policy guidance and information sharing.

BPI calls for unified action vs cyber threats at 2026 CyberProtect conference

Communications & Technology 0
Amid more complex and linked online risks, the Bank of the Philippine Islands (BPI) has urged all sectors to work together to boost defenses against digital fraud. The call was made during its CyberProtect Conference held July 30 at Fairmont Makati with the theme “Defend as One: Building a United Front Towards Consumer Protection.”

DOE forms joint task force to lower electricity charges and remove extra charges

Energy & Mining 0
The Department of Energy (DOE) has established a new Joint Task Force alongside the Energy Regulatory Commission, the National Electrification Administration, and electric cooperatives to help remove system loss charges and related value-added tax from power bills. Energy Secretary Sharon Garin emphasized the administration's stance that consumers should only pay for the electricity they actually consume, rather than bearing the cost of losses they did not cause.

BPI simplifies account opening with national ID integration

Banking & Insurance 0
The Bank of the Philippine Islands (BPI), in marking its 175th year as lender, rolled out a new feature making the opening of a bank account easier for all Filipinos. The improvement comes from a formal partnership with the Philippine Statistics Authority (PSA), marked by the signing of a subscription agreement that adopts the National ID Authentication Services (NIDAS) for the BPI app.

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