Wednesday, May 23, 2018

Oct 12 17, 2:36 pm

Bicam committee approves PH ID system bill

A bicameral conference committee has approved on Tuesday night, May 23, a bill seeking to establish the Philippine Identification System or PhilSys. Senator Panfilo Lacson said the bicam committee decided to follow most provisions in the Senate-approved version of the...

NAIA Consortium agrees to shorten airport rehab period to 15 years

The NAIA Consortium which submitted a proposal to upgrade, operate, and maintain the Ninoy Aquino International Airport (NAIA), has agreed to shorten the concession period to 15 years and narrow project cost to Php105 billion. Transportation Undersecretary for...

Bello: Deployment of OFWs to Kuwait to begin next week

Department of Labor and Employment (DOLE) secretary Silvestre Bello III announced on Wednesday, May 23, that deployment of overseas Filipino workers (OFWs) to Kuwait will begin next week. During the Senate’s hearing on the cases of OFW abuses and deaths overseas,...

Peso-Dirham rate hits P13.98, likely to cross P14 again

by | TOP STORIES

The peso-dirham exchange rate has today started hovering at the P13.98 P13.99 range with industry experts saying the trend is showing it may once again cross the P14 mark in the next days.

“It’s going on that direction,” Edwin Punzalan,  senior manager at Banco de Oro (BDO), a Philippine –based bank with direct remit partnership with Dubai’s Emirates NBD, told The Filipino Times in a phone interview. “Mukhang paakyat ang rate,” he said.

A check with online currency converters showed the rate at Ph14.02.

Punzalan said the exchange rate of peso as well as other Asian currencies against the dollar is going on an upward movement.

The peso-dirham rate first hit the Ph14-mark on Aug. 16 this year and money exchange experts said it is headed for Ph14.20 before year ends.

Stand by for more developments.

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Peso falls to 12-year low; Dhs to PhP now at 14.24

Peso falls to 12-year low; Dhs to PhP now at 14.24

The Philippine peso plunged further to its weakest level in almost 12 years on Wednesday, closing at P52.47 per $1. This is the weakest currency rate against dollars since July 19, 2006, with P52.74 per $1. Meanwhile, latest exchange rate of UAE dirham to Philippine...

Weather in UAE today: Fair to partly cloudy

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UAE to extend residency visas for investors, specialists to 10 years

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The UAE Cabinet on Sunday, May 20, has adopted a new system allowing international investors, specialists, and top students to receive long-term visas valid for up to 10 years. The system will grant investors and professionals up to 10-year residency visas for...

Peso falls to 12-year low; Dhs to PhP now at 14.24

The Philippine peso plunged further to its weakest level in almost 12 years on Wednesday, closing at P52.47 per $1. This is the weakest currency rate against dollars since July 19, 2006, with P52.74 per $1. Meanwhile, latest exchange rate of UAE dirham to Philippine...

Bicam committee approves PH ID system bill

A bicameral conference committee has approved on Tuesday night, May 23, a bill seeking to establish the Philippine Identification System or PhilSys. Senator Panfilo Lacson said the bicam committee decided to follow most provisions in the Senate-approved version of the...

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 1 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

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