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Overseas Pinoys send home more money due to calamities

December 1, 2009

MANILA, Philippines – Due to recent calamities that hit the country and the coming Holiday season, Filipino workers in Canada and other countries have sent home more money to their families back home. Read the rest of this entry »

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IMF says RP banks remain resilient

December 1, 2009

MANILA, Philippines – The International Monetary Fund (IMF) said the local banking system remained resilient after the Bangko Sentral ng Pilipinas (BSP) managed to put in place reforms aimed at containing the effects of the global financial crisis. Read the rest of this entry »

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Number of Pinoy families who consider themselves poor declines

December 1, 2009

MANILA, Philippines – The number of Filipino families who consider themselves poor slightly declined, following typhoons “Ondoy” and “Pepeng” that hit the country, according to a latest survey by the Social Weather Stations (SWS). Read the rest of this entry »

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Nearly 3,000 OFWs detained on criminal charges

December 1, 2009

MANILA, Philippines – There are around 3,000 Filipinos detained overseas on criminal charges, the Department of Foreign Affairs (DFA) reported yesterday. Read the rest of this entry »