Cheap travel seekers were advised to exercise extreme vigilance, particularly when interacting with individuals posing as corporate representatives on social media. On Tuesday, August 22, the low-cost airline issued a warning to travelers about individuals...
Being a taxpayer entails realizing the value of investing some of your income in the development of the nation. You can ask for a Tax Identification Number (TIN) ID at the Bureau of Internal Revenue (BIR) office that is most convenient for you as proof that you...
The weighted average of a country’s currency in relation to an index or basket of other significant currencies is known as the real effective exchange rate (REER). The relative trade balance of each country’s currency is compared to those of all the other...
Nearly 10% of the Philippine GDP was boosted by OFWs living abroad in 2017. The amount is dependent on remittances, which peaked in 2012 at $21 billion. However, it is only partially accurate to say that contract workers sent that much money home. A big part is also...
These transfers are referred to as workers’ or migrant remittances when migrants or OFWs return home a portion of their earnings in the form of cash or items to support their families. They have expanded quickly in recent years and are now the main source of...