Sunday, July 21, 2019

Oct 29 13, 3:31 pm

Emirates to launch services to Mexico City via Barcelona

DUBAI: Emirates has announced plans to launch a new daily service from Dubai (DXB) to Mexico City International Airport (MEX), via the Spanish city of Barcelona (BCN), starting Dec. 9, 2019. Emirates’ Mexico City flight will be a linked service with Barcelona, meaning...

DFA warns agencies illegally recruiting Filipinos to Libya

The Department of Foreign Affairs has issued a warning against recruitment agencies that have been recruiting workers for jobs in conflict-torn Libay. "The Embassy would like to underscore that the suspension in the recruitment, processing, and deployment of Filipinos...

Dog dies fighting cobra to protect owner’s house

A dog bravely fought a venomous cobra as it tried to enter its owner's house on Friday. The dog named Miley was one of the two dachshunds which protected the home of Jaime Selim in Kidapawan City. CCTV footage showed how the two dogs prevented the snake from entering...

Philippine remittances from UAE show biggest jump among major sources

by | Uncategorized

Oct. 29, 13 | 3:31 pm

DUBAI- Among the major sources of personal remittance inflows to the Philippines, the United Arab Emirates came on top in terms of  percentage increase in remittances sent home by Pilipinos working abroad, according to the Bangko Sentral ng Pilipinas (BSP).

This suggests that job creation in the UAE and deployment of Filipino workers to the Emirates are healthy as the Arab nation continues its economic recovery and development.

In the eight months to August, remittance inflows from the UAE totaled $737,260, up 26.8 % from the same period a year ago, latest preliminary data from the BSP showed.  This growth outpaced the increase in remittance inflows  from other major sources of remittances including the US and UK.

The central bank said the other sources of worker remittances to the Philippines were the United States,  Saudi Arabia, the United Kingdom, Singapore, Canada, and Japan.  Remittance inflows  in January-August period in the U.S. were up 7 percent from yearago; Saudi Arabia up 16.4 percent ; UK  up 20.4 percent; and Singapore up 21.6 percent.  Remittances from  Canada  fell 48 percent while repatriation from  Japan went down 32.6 percent.

Across  the globe, personal remittances from overseas  Filipinos totaled $16 billion in January-August of this year,  up 6.6 percent from the same period last year. In August alone, these remittances reached $2.1 billion,  the fifth consecutive month that personal remittances exceeded the $2 billion mark.

Remittances from around 10 million Filipinos living and working abroad, who account for about 10 percent of the Philippine population,  are  the lifeblood of the Philippine economy,  keeping consumer spending robust and providing support to the peso.

Jobs

Editors Choice

Dubai bus crash driver gets 7-yr prison term, to pay Dh3.4M

Dubai bus crash driver gets 7-yr prison term, to pay Dh3.4M

The bus driver in the horrific road crash that killed 17 passengers has been sentenced to seven years' imprisonment and was ordered to pay Dh3.4 million compensation to the families of the victims. The 53-year-old Omani driver will pay Dh200,000 in blood money to each...

The Pinoy twang. Do you have it?

The Pinoy twang. Do you have it?

DUBAI: Filipino, according to some experts, is the most accent-neutral language, reason why the Philippines has replaced India as the “Call Center Capital” of the world. Philippine outsourcing revenue from call centers surged 160 percent to an estimated $23 billion in...

UAE Pinoys, 3rd top money senders

UAE Pinoys, 3rd top money senders

DUBAI: Overseas Filipino workers (OFW) sent home the third biggest remittances among other expatriates working in the UAE last year. Filipino workers in the UAE sent Dh3.2 billion or around 7.9 percent of the entire remittances from the emirates. This is the third...

Emirates to launch services to Mexico City via Barcelona

DUBAI: Emirates has announced plans to launch a new daily service from Dubai (DXB) to Mexico City International Airport (MEX), via the Spanish city of Barcelona (BCN), starting Dec. 9, 2019. Emirates’ Mexico City flight will be a linked service with Barcelona, meaning...

DFA warns agencies illegally recruiting Filipinos to Libya

The Department of Foreign Affairs has issued a warning against recruitment agencies that have been recruiting workers for jobs in conflict-torn Libay. "The Embassy would like to underscore that the suspension in the recruitment, processing, and deployment of Filipinos...

Tom Cruise reprises iconic role in Top Gun sequel

Hollywood star Tom Cruise is back to play the iconic role of Maverick, the American ace pilot, in the sequel to the 1986 mega-hit movie "Top Gun." Paramount Pictures released the trailer for the highly anticipated sequel to the 80s classic, entitled Top Gun: Maverick....

Dog dies fighting cobra to protect owner’s house

A dog bravely fought a venomous cobra as it tried to enter its owner's house on Friday. The dog named Miley was one of the two dachshunds which protected the home of Jaime Selim in Kidapawan City. CCTV footage showed how the two dogs prevented the snake from entering...

Saudi Ministry bans tea and coffee in offices

All court offices will no longer serve refreshments for its employees to increase productivity, Saudi Gazette reported. In a circular, the Justice Ministry bans all courts as well as other affiliated departments to provide tea, coffee, and other drinks for the...

Recent posts

We listed over 1,000,000 jobs from United Arab Emirates monthly.

Accomodation option available in the market.

Latest News
Subscribe to our free weekly newsletter and never miss a thing. No spam. Only hand-picked trending news.

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

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

© 2018 The Filipino Times. All rights reserved

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!

More in Uncategorized
Comelec postpones Barangay Elections in Bohol
Published On  October 27, 2013
UAE’s Filipino students showcase cultural talent
Published On  October 27, 2013
Featured Video Play Icon
11-year-old blind girl a hit on YouTube
Published On  October 27, 2013
Close