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                    [Title] => BPO revenues to offset foreseen remittance slowdown
                    [Summary] => 
Top bank economists are not alarmed by the possible slow down in cash remittances from overseas Filipinos amid the tension in the Middle East, softening oil prices, and the weakening of other currencies against the US dollar.

                    [DatePublished] => 2016-02-04 09:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
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                    [Title] => Gov't confirms at least one case of 'sex for fly' scandal
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The government today confirmed at least one case of sexual harassment and molestation perpetrated by a labor attache against distressed overseas Filipino workers (OFWs) in the Middle East.

                    [DatePublished] => 2013-06-24 21:30:00
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                    [Title] => Oil prices increase again after long weekend
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Consumers returned to work yesterday from a long weekend with generally higher oil prices, a continuation of the trend of almost weekly price increases since July.
                    [DatePublished] => 2012-08-29 00:00:00
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                    [Title] => Low March inflation won't lead to rate cut, says BSP
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The Bangko Sentral ng Pilipinas (BSP) said lower inflation rate last month would not automatically translate to a reduction in key interest rates during the scheduled policy rate setting meeting next week.
                    [DatePublished] => 2012-04-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Lawrence Agcaoili
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                    [Title] => Phl economy to rise on domestic demand
                    [Summary] => 
The Philippine economy should grow modestly this year on domestic demand, despite the risks to the broader global economy from Europe’s sovereign debt crisis, the International Monetary (IMF) said yesterday.
                    [DatePublished] => 2012-03-07 00:00:00
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                    [AuthorName] => Lawrence Agcaoili
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                    [Title] => BSP sees robust spending despite slower remittances
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The Bangko Sentral ng Pilipinas (BSP) said consumption spending would likely remain robust and fuel higher economic growth this year amid the expected slowdown in the amount of money sent home by Filipinos abroad.
                    [DatePublished] => 2012-02-26 00:00:00
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                    [Title] => OFW inflows hit record $20.12 billion in 2011
                    [Summary] => 
Remittances from overseas Filipino workers (OFWs) hit a new record high of $20.117 billion in 2011, 7.2 percent or $1.254 billion higher than the $18.763 billion in 2010, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
                    [DatePublished] => 2012-02-16 00:00:00
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                    [Title] => BSP cuts interest rates by 25 bps
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The Bangko Sentral ng Pilipinas (BSP) cut interest rates yesterday  a move expected by analysts to boost economic growth and at the same time cushion the economy from the expected global slowdown this year.
                    [DatePublished] => 2012-01-20 00:00:00
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                    [AuthorName] => Lawrence Agcaoili
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                    [Title] => BSP sees OFW inflows picking up in late 2011
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                    [Title] => Phl banks resilient amid Euro crisis - IMF
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Multilateral lender International Monetary Fund (IMF) said it believes that banks operating in the Philippines would remain resilient amid the sovereign debt crisis that continue to plague European countries.
                    [DatePublished] => 2011-12-19 00:00:00
                    [ColumnID] => 133272
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MIDDLE EAST AND NORTH AFRICAN

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                    [Title] => BPO revenues to offset foreseen remittance slowdown
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Top bank economists are not alarmed by the possible slow down in cash remittances from overseas Filipinos amid the tension in the Middle East, softening oil prices, and the weakening of other currencies against the US dollar.

                    [DatePublished] => 2016-02-04 09:00:00
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                    [Title] => Gov't confirms at least one case of 'sex for fly' scandal
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The government today confirmed at least one case of sexual harassment and molestation perpetrated by a labor attache against distressed overseas Filipino workers (OFWs) in the Middle East.

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                    [Title] => Oil prices increase again after long weekend
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                    [DatePublished] => 2012-08-29 00:00:00
                    [ColumnID] => 133272
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                    [Title] => Low March inflation won't lead to rate cut, says BSP
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The Philippine economy should grow modestly this year on domestic demand, despite the risks to the broader global economy from Europe’s sovereign debt crisis, the International Monetary (IMF) said yesterday.
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                    [Title] => BSP sees robust spending despite slower remittances
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The Bangko Sentral ng Pilipinas (BSP) said consumption spending would likely remain robust and fuel higher economic growth this year amid the expected slowdown in the amount of money sent home by Filipinos abroad.
                    [DatePublished] => 2012-02-26 00:00:00
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                    [Title] => OFW inflows hit record $20.12 billion in 2011
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Remittances from overseas Filipino workers (OFWs) hit a new record high of $20.117 billion in 2011, 7.2 percent or $1.254 billion higher than the $18.763 billion in 2010, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
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                    [Title] => BSP cuts interest rates by 25 bps
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                    [Title] => BSP sees OFW inflows picking up in late 2011
                    [Summary] => 
The Bangko Sentral ng Pilipinas (BSP) sees a further increase in remittances from overseas Filipino workers (OFWs).
                    [DatePublished] => 2011-12-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Lawrence Agcaoili
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                    [URL] => 
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                    [Title] => Phl banks resilient amid Euro crisis - IMF
                    [Summary] => 
Multilateral lender International Monetary Fund (IMF) said it believes that banks operating in the Philippines would remain resilient amid the sovereign debt crisis that continue to plague European countries.
                    [DatePublished] => 2011-12-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

BPO revenues to offset foreseen remittance slowdown

By Lawrence Agcaoili | February 4, 2016 - 9:00am

Top bank economists are not alarmed by the possible slow down in cash remittances from overseas Filipinos amid the tension...

Business

Gov't confirms at least one case of 'sex for fly' scandal

June 24, 2013 - 9:30pm

The government today confirmed at least one case of sexual harassment and molestation perpetrated by a labor attache against distressed overseas Filipino workers (OFWs) in the Middle East.

Headlines

Oil prices increase again after long weekend

August 29, 2012 - 12:00am

Consumers returned to work yesterday from a long weekend with generally higher oil prices, a continuation of the trend of almost weekly price increases since July.

Cebu News

Low March inflation won't lead to rate cut, says BSP

By Lawrence Agcaoili | April 12, 2012 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) said lower inflation rate last month would not automatically translate to a reduction in key interest rates during the scheduled policy rate setting meeting next week.

Business

Phl economy to rise on domestic demand

By Lawrence Agcaoili | March 7, 2012 - 12:00am

The Philippine economy should grow modestly this year on domestic demand, despite the risks to the broader global economy from Europe’s sovereign debt crisis, the International Monetary (IMF) said yesterd...

Business

BSP sees robust spending despite slower remittances

By Lawrence Agcaoili | February 26, 2012 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) said consumption spending would likely remain robust and fuel higher economic growth this year amid the expected slowdown in the amount of money sent home by Filipinos abro...

Business

OFW inflows hit record $20.12 billion in 2011

By Lawrence Agcaoili | February 16, 2012 - 12:00am

Remittances from overseas Filipino workers (OFWs) hit a new record high of $20.117 billion in 2011, 7.2 percent or $1.254 billion higher than the $18.763 billion in 2010, the Bangko Sentral ng Pilipinas (BSP) reported...

Business

BSP cuts interest rates by 25 bps

By Lawrence Agcaoili | January 20, 2012 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) cut interest rates yesterday  a move expected by analysts to boost economic growth and at the same time cushion the economy from the expected global slowdown this...

Business

BSP sees OFW inflows picking up in late 2011

By Lawrence Agcaoili | December 26, 2011 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) sees a further increase in remittances from overseas Filipino workers (OFWs).

Business

Phl banks resilient amid Euro crisis - IMF

By Lawrence Agcaoili | December 19, 2011 - 12:00am

Multilateral lender International Monetary Fund (IMF) said it believes that banks operating in the Philippines would remain resilient amid the sovereign debt crisis that continue to plague European countries.

Business