The Philippines is known for its robust remittance economy. Remittances are responsible for almost 10% of the country’s gross domestic product (GDP) and 8% of its gross national income (GNI). A survey conducted by the … Read more
The country’s health insurance company, Philhealth, is set to increase its contribution to the Universal Healthcare Law in June. The company said it will increase its contribution rate to 4% from 3% for members earning … Read more
Filipinos looking for a loan from PNB Bank can apply for an OFW loan. The current loan options are a housing loan, auto loan, and multi-purpose loan. If you plan to apply for an OFW … Read more
Despite what some others think about people who live abroad, not all of them become instant millionaires. They work hard to earn the money they need. That said, they are also not immune from emergencies, … Read more
OFWs work hard to earn their much-needed savings because not all of them become millionaires overnight. But what if an emergency, calamity, or accident strikes? You need to have access to resources, such as the … Read more
The Comelec said on Thursday, May 5, that all systems are ready for the May 9 elections. The elections are still a couple of days away, but the Department of Justice has already finished its preparations. … Read more
One of our top goals as Filipinos working overseas is to save money for our families back home. Fortunately, there exist banks where we may put our money and perhaps make lucrative investments. Metrobank, a … Read more
Before smartphones and tablets became prevalent, credit cards were the only way to pay for goods and services. Today, it’s possible to pay for your purchases on credit without a credit card, but you should … Read more
There are a lot of people in the Philippines who think that digital platforms, especially when it comes to financial services, are a good thing. Knowing how to keep your money “liquid,” which means that … Read more
When there are unexpected expenses or emergencies, OFWs can easily get extra cash by applying for an EastWest Bank OFW Loan. Getting a loan is not a bad thing – as long as you know … Read more