Category Archives: Remittance

Winter safety, savings tips & scholarships from PG&E

Article from www.filamstar.com

By Harvey I. Barkin | FilAm Star Correspondent

SAN CARLOS – Early this month, Pacific Gas & Electric Company (PG&E) gathered members of the multi-ethnic press for its fifth-year media roundtable for ways to save on Winter energy bills.

The tone on diversity was set by highest-ranking Asian and Senior VP, Energy Policy and Procurement Fong Wan. Manager, Residential Rate Options Lori Leiva proceeded to the heart of the matter on Winter energy savings. And winter gas safety was tackled by Supervisor, Gas Field Services Ben Pearce.

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Golden State Warriors celebrate with Pinoys at the Filipino Heritage Night

Article from www.filamstar.com

By Trina Soldedad | FilAm Star Correspondent

OAKLAND – The 2014 NBA Champion Golden State Warriors hosted Filipino Heritage Night, presented by Cache Creek Casino Resort, Sunday, November 13 against the Phoenix Suns at Oracle Arena. A portion of the proceeds from each Filipino Heritage Night event ticket sold will be donated back to support local Filipino organizations throughout the Bay Area.

The event included a Pre-game Tailgate Party at the Oracle Arena Parking Lot, featuring Filipino food trucks including Señor Sisig, Adorubowl, Jeepsilog and pop-up restaurant NIPA, entertainment by DJ Romeo. Fans also had a chance to have their photos taken with Stephen Curry’s two MVP trophies at the Parking Lot A of the Oracle Arena.

Continue reading Golden State Warriors celebrate with Pinoys at the Filipino Heritage Night

Miss Universe 2016 will be held in the Philippines

Article from www.filamstar.com

By Corina Oliquino | FilAm Star Correspondent

MANILA — It’s official! The Miss Universe 2016 beauty pageant will happen in the Philippines as announced by the reigning Miss Universe Pia Wurtzbach last November 3.

In an Instagram video uploaded by Department of Tourism Undersecretary Kat de Castro, the Filipina beauty queen announced and confirmed that finally, the pageant will be held in the country on January 30, 2017 with the pre-pageant on January 13, 2017.

“Hi guys! Mabuhay! I’m so excited to share with you all that, yes, the Miss Universe competition is indeed happening in the Philippines and I can’t wait to show you all my beautiful country,” Wurtzbach announced in the Instagram video.

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Gov’t rejects PHP 125 daily minimum increase

Article from www.filamstar.com
By William Casis | FilAm Star Correspondent

Economic Planning Secretary Ernesto Pernia said the government rejected the proposed PHP 125 increase in the daily minimum wage, saying this could displace workers, increase inflation and affect the economy.

He said NEDA conducted an impact analysis and found that the proposed wage hike would affect employment because many small companies would not be able to afford to keep their workers or hire more.

“Especially micro, small and medium enterprises will be hard up with that kind of an increase,” Pernia said.

Continue reading Gov’t rejects PHP 125 daily minimum increase

Peso at its lowest in 7 years as foreign investors continue to pull out; gov’t denies it’s due to Duterte’s controversial statements

Article from www.filamstar.com
By Corina Oliquino | FilAm Star Correspondent

MANILA — The peso closes on its 7-year low with P48.25 to the U.S. dollar on September 26 due to foreign fund exit and political and security concerns.

The peso sank by P0.26 centavos from the closing rate of P47.99 last September 23, 2016 to Monday’s downgrade of P48.25. This tallied the weakest showingl of the Philippine peso against the dollar since September 16, 2009 when it sank P48.356 to $1.

Continue reading Peso at its lowest in 7 years as foreign investors continue to pull out; gov’t denies it’s due to Duterte’s controversial statements

Money Remittance: A Lifeline for 10% of the World’s Population

Door to Door Remittances: Lifelines for Millions

It has recently emerged that remittances form the bulk of some developing countries’ GDP and change the lives of hundreds of millions of people. Remittances present a lifeline to many households and change the fortunes of citizens who have no other option besides the generosity and magnanimity of their families and relatives working abroad for a handy amount to remit home. Continue reading Money Remittance: A Lifeline for 10% of the World’s Population

Stretch Your Remittance Money with These 5 Tips

5 Tips for Saving Money and Making Your Money Last Longer

If you happen to be living abroad, it is likely that you are receiving remittance money every now and then. This is usually a good thing, but the trouble comes in when you start spending it all due to fact you don’t have to place it in the bank. This means that your loved one’s money could simply go to waste if you are not careful. Continue reading Stretch Your Remittance Money with These 5 Tips

How to Make Extra Wages and Send Money to Family Overseas

Cost of Living Makes Money Remittance Difficult With Just One Job

Many people who relocate to the United States for job opportunities are motivated to send money to family members in their home country. However, immigrants are often shocked to find that better job opportunities equates to higher costs of living. Take for example the average cost of rent in San Francisco, one of the most highly desirable cities in the Bay Area. According to rentjungle.com, the average rent within 10 miles of San Francisco is a whopping $3770 dollars a month. This is a hard pill to swallow, since many of the job opportunities are located in or near the city. The Silicon Valley, another hub for job growth and financial opportunities, also has a high rental market. The price for a one bedroom can range from $2,257 – $2,575 a month or more.

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What Are the Top Countries Receiving Remittances?

Growing Demand for Sending Money Overseas from the US

Sending money overseas to developing nations has become more common in recent years. As the world becomes globalized, people are able to communicate with others in distant countries within the matter of seconds. This has made international exchange more common that ever, and immigrants from developing nations have flown to the US where the job market is stronger and rate of pay higher. Continue reading What Are the Top Countries Receiving Remittances?

What’s the Best Way to Send Money Overseas? Cost and Convenience Comparison.

Sending Money Abroad Through Your Bank vs. Money Remittance Service Provider

With today’s technological advancements and capabilities, sending money abroad is easier than ever. Individuals who send money abroad to family or friends are often faced with many decisions before remittance can take place, and this may cause confusion. Different factors like transfer fees, reliability, transfer time and cost are important elements to consider if you want a loved one to safely and expeditiously receive money. The question often arises of whether or not it’s safer to use a bank or money remittance center to send money abroad. While the final answer does depend on the individual case, consider the following problems with banks the next time you are involved in money remittance. Continue reading What’s the Best Way to Send Money Overseas? Cost and Convenience Comparison.