Saturday, February 23, 2019

Feb 12 18, 6:18 pm

Dubai hosts car-free day today

Dubai Municipality is urging motorists to refrain from using their cars today, February 24, and use public modes of transportation instead as part of the 10th edition of UAE Car Free Day. Residents are encouraged to walk, use bicycles, or take public transportation in...

These main highways in UAE remain closed until Feb. 24

The Abu Dhabi Department of Transport (DoT) posted a public announcement on their social media account regarding a partial road closure that will be observed until today, February 24. The said road closure of Abu Dhabi - Al Ain Road (E22), E11 towards Ghweifat started...

LOOK: Rare animal spotted in Abu Dhabi for the first time in 35 years

A rare creature called Arabian Caracal was spotted in Abu Dhabi for the first time in 35 years. The Environment Agency - Abu Dhabi (EAD) said that the Arabian Caracal (Caracal schmitzi) sighting in Jebel Hafeet National Park in Al Ain was recorded earlier this month....

LOOK: Dubai to have its version of New York’s Central Park soon

Dubai-based holding company Meraas has announced its plans to bring a slice of New York to the emirate of Dubai by creating its own version of the famous Central Park. Dubai's Central Park at City Walk, which is expected to measure 230,000 square meters, will include...

Peso-dirham rate hits P14.15

by | News

Due to the volatility of the market, the peso slid against the dollar and consequently, against the dirham to hit Php14.15—the highest in the past months.

Remittance companies in the UAE told The Filipino Times the decline in exchange rates have also been affecting most other currencies as the US dollar continues to get stronger while the market stays unpredictable.

“Hindi lang currencies ang affected, pati stocks,” said Michelle Sanchez, Philippine corridor head at UAE Exchange.

Edwin Punzalan, assistant vice president at BDO-Emirates NBD, added: “Right now, ganyan ang mangyayari. Medyo volatile and situation; ups and downs ang magaganap (sa palitan). Lahat kasi naghihintay ng signals and indicators na pwedeng mag-perk-up ng market.”

Sanchez and Punzalan said the exchange rate could stabilize around March.

For his part, Gemmy Lontoc, who used to be head of UAE Exchange Southeast Asia Corridor marketing, said OFWs should take advantage of the situation.

“As the peso depreciates, the desire to remit via saving and investing must appreciate. The volatility of the peso should make OFWs be more mindful about their finances and remittances. Bloomberg reported sometime in December 2017 that the peso will be one of the worst-performing currencies in Asia for 2018,” he said.

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Mandatory SSS for OFWs

Mandatory SSS for OFWs

'Hindi siya ganung kalaki – nag e-earn tayo ng dirhams dito so mas madaling mag-contribute compared sa mga nasa Pilipinas who are earning less' DUBAI: For the first time in years, overseas Filipino workers (OFWs) will be required to make regular payments to the...

Filipinos now included in Argentina’s easy visa access system

Filipinos now included in Argentina’s easy visa access system

The Argentine government has included the Philippines among a group of selected countries that may avail of easier access to Argentine visa, the Philippine Embassy in Buenos Aires said Wednesday. The South American nation released Resolution 33/2019 dated February 12,...

Duterte signs law creating Philippine Sports Training Center

Duterte signs law creating Philippine Sports Training Center

President Rodrigo R. Duterte has signed a law establishing a state-of-the-art and highly-scientific sports complex to be known as the Philippine Sports Training Center (PSTC). Republic Act No. 11214 otherwise known as Philippine Sports Training Center Act signed by...

Dubai hosts car-free day today

Dubai Municipality is urging motorists to refrain from using their cars today, February 24, and use public modes of transportation instead as part of the 10th edition of UAE Car Free Day. Residents are encouraged to walk, use bicycles, or take public transportation in...

These main highways in UAE remain closed until Feb. 24

The Abu Dhabi Department of Transport (DoT) posted a public announcement on their social media account regarding a partial road closure that will be observed until today, February 24. The said road closure of Abu Dhabi - Al Ain Road (E22), E11 towards Ghweifat started...

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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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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

SIGN UP FOR NEWSLETTER

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