A new law will take away the Documentary Stamp Tax on OFW remittances which means more pesos sent home for every dollar remitted. Read on: MANILA, Philippines—As the amended Migrant Workers Act come into force, overseas Filipino workers (OFWs) can now count on some P1.3 billion in extra savings with the abolition of the documentary [...]

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You might have been wondering why your dollars convert to less amount of Peso these days compared to some years ago.  Normally it should be a good sign because a strengthening Peso is an indicator that the Philippine economy is doing better but back home you do not see any signs of expected improvement.  Sphere: [...]

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Families of Overseas Filipino workers (OFW) from Iloilo now have a Global Pinoy Center near them as it opens in SM City in Iloilo. 

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Source: From an article by Paolo G. Montecillo for The Philippine Daily Inquirer GLOBE TELECOM INC. has secured regulatory approval to build the biggest remittance network in the country, using the company’s 18,000 prepaid loading stations, such as convenience stores and food establishments, throughout the country. Globe yesterday said in a statement that the Bangko [...]

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Have you ever tried asking for money from your Parents who work abroad to pay for your Tuition Fees and school allowances? What if this happens? You go to school, and you find out that your exams are scheduled three days from today. You check your tuition balance; you have a big amount to pay [...]

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The M Lhuillier group of companies is a company which provides special financial services such as Instant Loans, Jewelry and Asset Mortgages, Money Transfer, Personal and Health insurance, Telecommunications credit transfers, Food products sales, and a worldwide courier service. However what we are going to talk about today is the recently added “International Money transfer” [...]

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