Friday, November 16, 2018

Oct 17 18, 7:13 am

Chinese woman gang-raped by 9 compatriots in Muntinlupa

A Chinese woman sought the help of authorities after a group of nine Chinese nationals--including one woman--raped her in a hotel in Muntinlupa City on Tuesday, November 13. Muntinlupa Police Superintendent Marites Salvadora said that the suspects are all co-workers...

Bertiz nominated to represent pro-OFW party-list for 2019 elections

Despite receiving backlash for his refusal to follow airport security protocols at the Ninoy Aquino International Airport (NAIA), congressman Aniceto “John” Bertiz III revealed that he is still nominated to represent ACTS-OFW Party-List for the 2019 midterm elections....

Free WiFi in Sharjah buses, bus station

Commuters in Sharjah can now access the internet while waiting for their bus rides or while riding a bus on their way to their destination, the Sharjah Roads and Transport Authority announced. Mohammed Abdullah Al Buraimi, director of technical services and acting...

OFWs boost Lazada sale shoppers by 100 percent

The biggest online sale of Lazada called 11.11 Shopping Festival has generated sales 15 times more than their regular daily orders—and among the top contributors are OFWs. Lazada Philippines Chief Executive Officer for Logistics Juan Pavez Spencer said that the...

Dirham-peso rate stagnant within Php14.7 mark for more than one month now

by | EDITOR’S CHOICE, TOP STORIES

The dirham-peso exchange rate has remained stagnant within the Php14.7-Php14.8 range for more than a month now.

Dirham-peso rate on Wednesday, October 17, stands at Php14.7159, as per the Bangko Sentral ng Pilipinas (BSP) exchange bulletin.

Records from BSP show that the dirham-peso exchange rate has not moved within the Php14.7-Php14.8 territory since September 13 when the rate hit Php14.7047. Since then, the exchange rate only played within the range.

Dirham-peso exchange rate almost reached Php14.8 in October 5 when the rate closed at Php14.7978 that day.

Earlier, UAE remittance companies told The Filipino Times that the peso-dirham exchange rate, which has continuously been moving up since last year, is headed to Php15, citing different factors.

One of which is the US’ move to hike interests resulting to a struggling peso.

Peso remains weak against US dollar which currently stands at Php54.04, as of press time.

The last time peso hit P54 was in 2005, according to BSP’s data.

Inflation to peak in October or November

Monetary Board member Felipe M. Medalla said that inflation rate is seen to further accelerate and even peak this October or November.

The rate, however, is not expected to reach 7 percent.

“We expect the month-on-month to start normalizing already. But because of the year-on-year, which is an accumulation of 12 months, [inflation] may still go up,” Medalla said.

In September, The Philippine Statistics Authority (PSA) reported that inflation rate in the country has further risen to a new nine-year high of 6.7 percent.

The September inflation rate was slightly higher than the 6.4 percent rate reported in August and is the highest since March 2009.

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Plane makes emergency landing in UAE after kid dies on flight

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Chinese woman gang-raped by 9 compatriots in Muntinlupa

A Chinese woman sought the help of authorities after a group of nine Chinese nationals--including one woman--raped her in a hotel in Muntinlupa City on Tuesday, November 13. Muntinlupa Police Superintendent Marites Salvadora said that the suspects are all co-workers...

Free WiFi in Sharjah buses, bus station

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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.

FOLLOW US

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