Who cares about GNP or GDP?

Mahar Mangahas - @inquirerdotnet 10/01/2022

What’s the difference? Both the gross national product (GNP) and the gross domestic product (GDP) are sum totals of the money-value of goods and services produced over some period of time. The former refers to what is…

Sto. Nino and the religiosity of Filipino seafarers

ATTY. DENNIS GORECHO 01/19/2021

Viva Sto. Nino! The Sto. Niño is venerated all over the country with annual festivals celebrated every last two weekends of January through special masses, dances and processions attracting millions of devotees and tourists. The main religious festivals…

Dollar remittances of expat Filipinos fell for 2nd straight month in April

Daxim L. Lucas - Reporter / @daxinq 07/16/2020

MANILA, Philippines – Dollars sent home by expatriate Filipinos declined once more in April, marking the second consecutive period that the impact of the coronavirus pandemic was manifested in monthly remittances — a key pillar of the…

Expat Pinoys’ dollar remittances’ slow growth seen in 10 months

Inquirer.net 12/17/2018

DOLLARS sent home by expatriate Filipinos continued to exhibit relatively muted growth for the month of first ten months of the year and for October alone, compared to levels recorded during the same periods last year, data…

OFW remittances hit $23.7B in 9 months

Inquirer.net 11/16/2018

THE amount of dollars sent home by expatriate Filipinos rose further in the first nine months of the year, but data from the Bangko Sentral ng Pilipinas (BSP) also showed a continuation of flat growth trend in…

BSP: Dollar remittances easing

Inquirer.net 10/15/2018

JAN-AUG 2018 The amount of dollars sent home by expatriate Filipinos rose further in the first eight months of the year, but data from the Bangko Sentral ng Pilipinas (BSP) also showed a worrisome trend of tapering…

Allotment / remittances of Filipino seafarers

ATTY. DENNIS GORECHO 04/30/2018

The seabased sector’s remittance comprise at least 22% of the total dollar OFW remittances which help spur domestic consumption in the Philippines and a key ingredient in the country’s drive to achieve higher but sustainable growth. Under…

OFWs’ remittances in February hit $2.5B

Inquirer.net 04/16/2018

Dollars sent back home by expatriate Filipinos continued to rise in February on the back of larger remittance volumes from both land- and sea-based workers, the Bangko Sentral ng Pilipinas (BSP) said on Monday. In a press…

OFW remittances hit $2.28B in October — BSP

Inquirer.net 12/17/2017

CASH sent home by Filipinos living and working abroad grew 8.4 percent in October, the fastest pace in seven months, to $2.28 billion ahead of the Christmas holiday season. The latest Bangko Sentral ng Pilipinas data released…

OFW remittances up

Inquirer.net 10/16/2017

Remittances of foreign currency by expatriate Filipinos continue to rise as of August 2017, thanks to sustained inflows from workers with both long- and short-term employment contracts, the Bangko Sentral ng Pilipinas (BSP) said on Monday. In…

Promises to labor

Editorial 05/02/2017

There’s something to look forward to with President Rodrigo Duterte’s announcement of new programs for the country’s labor sector, particularly his proposed bank for overseas workers and promise to end contractualization once and for all. At a…

PH economy will sustain growth under Duterte, says economist

Victor Anthony V. Silva 06/02/2016

A change in administration will have little to no effect on the growth of the Philippine economy due to huge revenue contributions from overseas Filipino workers (OFWs) and the information communications technology-business process management (ICT-BPM) sector, an…

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