Remittances up 2.8% to $3.10B in August
OVERSEAS Filipino worker (OFW) remittances rose by 2.8 percent to $3.10 billion in August from $3.02 billion a year earlier, the Bangko Sentral ng Pilipinas reported on Monday.
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Government warned against scrapping bay reclamation projects
MANILA, Philippines — A member of the House of Representatives cautioned yesterday the Marcos administration against totally stopping the suspended reclamation projects in Manila Bay.
Remittances rose 2.7% in August
Money sent home by Filipinos working overseas rose 2.7 percent in August 2023 to $2.80 billion from $2.72 billion a year ago.
DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption
On September 28, 2023, the DFINITY Foundation, a non-profit R&D entity and a significant player in the Internet Computer Protocol (ICP) blockchain sphere, launched the ICP Asia Alliance and initiated a $20 million grant fund to bolster blockchain and AI endeavors in Asia. The alliance, rooted in Zurich and Hong Kong, focuses on promoting Internet Computer blockchain uptake, nurturing collaborations, and catalyzing innovation within the booming Web3 and AI domain in Asia.
Markets snap week-long rally as US inflation dents rate hopes
HONG KONG, China — Equities went into reverse Friday, snapping a week-long rally, as a forecast-topping US inflation report revived fears the Federal Reserve will hike interest rates again before the end of the year.
Singapore economy beats third quarter growth forecast
SINGAPORE, Singapore — Singapore's economy grew faster than expected in the third quarter, preliminary government estimates showed Friday, as construction and services made up for a continued slump in manufacturing.
Apparent female trafficking victim intercepted at NAIA
An apparent trafficking victim was intercepted at the Ninoy Aquino International Airport (NAIA) after she presented a document with a fake signature of a Department of Justice (DOJ) executive.