KARACHI, Mar. 17 : Remittances from Overseas Pakistanis continued to show a rising trend as an amount of $ 4,126.16 million was received in the first eight months of the current fiscal year 2007-08 (July 2007-February 2008). This shows an increase of dollars 709.63 million or 20.77 percent over the same period of the last […]
Christmas impacts on dollar remittances
The birth of Jesus Christ is again just around the corner. This is the reason why I already smell the spirit of Christmas as I see those houses adorned with Christmas lights all around. But only a couple of houses are observing this flamboyance. In Southern California, one can tell if the one living in […]
OFWs mull of holding remittances until January 2008
Many Filipino-Americans in Southern California are considering the idea of holding their remittances to the Philippines in light of the greenback’s weakening exchange rate against the peso. Their sentiments came to fore after learning from local and international bankers and economists that the U.S. dollar would continue to weaken comes January of next year, from […]
Huge remittances weaken dollar exchange rate
It took time before tens of thousands of Filipino overseas workers and immigrants have experienced the severe impacts of the weakening dollar, wherein the peso exchange rate dipped to the 42-level thus appreciating the purchasing power of the peso in a couple of weeks. Bankers and financial analysts have claimed that the sagging dollar exchange […]
OFWs mull reduction of remittances to the Philippines
It took time before tens of thousands of Filipino overseas workers and immigrants have experienced the negative impacts of the weakening dollar in the pockets of the dollar earners abroad. Although this development was viewed by the government as a manifestation that the peso is getting stronger under the administration of President Arroyo. Bankers and […]
Skill Development And Generation Of Jobs Critical For India: President
Seize Opportunity By Encouraging Skill Development Chhindwara (PIB-GR-TYP-BIN): The President of India, Mr. Pranab Mukherjee addressed the Annual Day Celebrations of CII Chhindwara Skill Training Center at Chhindwara, Madhya Pradesh on Dec 14. Speaking on the occasion, the President said India with the second largest population in the world will face a major challenge in […]
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