Economy, News

Beyond remittances: PIDS study calls for holistic policymaking for OFWs

calendar_today January 31, 2024 schedule 3 min read

While remittances from Overseas Filipino Workers (OFWs) have become a vital lifeline for the Philippine economy, a new study by the Philippine Institute for Development Studies (PIDS) urges policymakers to look beyond remittances and address the complex social and emotional implications of labor migration. IMAGE CREDIT: https://www.historyextra.com/ Titled “Long-Term Effects of Labor Migration in the […]

Lender to provide embedded banking; seeks partnerships with MSMEs, OFWs

calendar_today July 17, 2023 schedule 3 min read

CIMB Bank Philippines Inc., a part of the CIMB Group, one of ASEAN’s leading banks present in over 16 global markets, is currently seeking additional partners to provide embedded banking services to more Overseas Filipino Workers (OFWs) and Micro, Small, and Medium-Sized Enterprises (MSMEs). Overseas Filipino Workers (OFWs) arriving home to the Philippines The incorporation of […]