Wednesday, 23 November 2011

LEBANON: Connecting Lebanese diaspora with development

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BEIRUT: With a diaspora community of millions, and one of the highest remittances rates in the world, Lebanon maintains strong ties to its...

PHILIPPINES: The 50-Million O.F.W. Community

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MANILA, Philippines — The latest report on remittances from overseas Filipino workers (OFW) reflects one of the strongest fundamentals of ...

Nigerians in UK move to boost FDI, remittance

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By Clifford Ndujihe TO improve Foreign Direct Investments, FDI, and remittances from United Kingdom, UK, Nigerian professionals in UK will...
Saturday, 5 November 2011

PHILIPPINES: Weak options to protect overseas Filipino workers

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Government authorities have played down  the negative effect of the ban on the deployment of Filipino workers in 41 countries, saying the ...
Wednesday, 2 November 2011

Do Remittances Reduce Aid Dependency? IMF, October 2011

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Summary: Aid has been for decades an important source of financing for developing countries, but more recently remittance flows have increas...

PHILIPPINES: World Bank eyes support for OFW program

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World Bank Group president Robert B. Zoellick said the multilateral lender was open to providing financial support to the Philippines for ...

ETHIOPIA: Migration, Despite the Risks

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In Africa, a transit centre in Addis Ababa, the Ethiopian capital, is a temporary refuge for young men and women—many of them still boys a...

RUSSIA: Beeline offers online remittances to CIS countries

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Russian mobile operator Vimpelcom, working under the Beeline brand, in cooperation with the international transfers system Unistream and the...

Australia commits to cutting remittance costs

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Australia is to spend more than £2 million over the next two years to make it cheaper for migrants from developing Commonwealth countries ...

PHILIPPINES: Metrobank partners with Wells Fargo to provide remittance services to Filipinos

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(Source: Datamonitor) Metropolitan Bank & Trust Co., or Metrobank, has partnered with Wells Fargo through Uniteller Financial Services, ...

PAKISTAN: Remittances increased due to PRI, claims govt

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ISLAMABAD - Secretary Finance Dr Waqar Masood Khan Monday said that foreign remittances had increased due to the government’s plan “Pakistan...

PHILIPPINES: PH urged to bolster ties with Saudi

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MANILA, Philippines – The Philippines needs to reinvigorate bilateral ties with Saudi Arabia to maintain its edge over other labor-sending...

JAMAICA: BOJ Reports Increased Remittance Inflows

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KINGSTON — The Bank of Jamaica (BOJ), in its latest report on remittances, said that during the month of August, total remittance inflows ...

Mexico logs biggest 12-month gain in remittances since 2006

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Mexico City –   Mexico  received $2.08 billion in remittances last month, up 21.2 percent from September 2010 for the biggest 12-month inc...

Mexico Remittances Rise the Most in 5 Years on Cheaper Peso

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Nov. 1 (Bloomberg) -- Mexican remittances rose at the fastest pace in five years in September as immigrant workers took advantage of the p...
Wednesday, 19 October 2011

Pensions, remittances to go online in Karnataka

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Thanks to the state government’s IT initiative in governance, all the transactions of the state treasury department will soon go online, e...

PHILIPPINES: August remittances surged 11% to $1.67b

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Remittances from millions of Filipinos working abroad grew in August at the fastest rate in 20 months, giving the economy a needed boost in...

Indians send record sums home

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Indians living in the Gulf have sent record sums of money home in remittances, taking advantage of the rupee's plummet against the doll...
Tuesday, 18 October 2011

BOC accounts for over 47% inward remittances

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“Sri Lanka received inward remittances worth $ 4 billion last year and the country has the potential to double the value over the next few ...

Global forum on Migration and Development (GFMD) Civil Society Days 2011

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Geneva , 19 September -  Preparations for the GFMD Civil Society Days (CSD) (29-30 November) to be held in Geneva, Switzerland are well und...

SRI LANKA: Bank of Ceylon launches promotional campaigns targeting inward remittance stakeholders

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Oct 17, Colombo: Government-owned major commercial bank in Sri Lanka, Bank of Ceylon (BOC) has launched a monthly raffle draw for the ...

PHILIPPINES: Remittances Increase 6.9% To $13.02 Billion In First 9 Months

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MANILA, Philippines — Remittances from overseas Filipinos amounted to $13.02 billion in the first nine months of 2011, up 6.9 percent year-...

GHANA: First African Savings enters agreement with GCB

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Accra, Oct. 17, GNA - Clients of First African Savings and Loans Limited (FASL), a money transfer organization, will now be able to send re...
Monday, 17 October 2011

BankMuscat launches remittance service to Philippines

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BankMuscat, the leading financial services provider in the Sultanate, and Rizal Commercial Banking Corporation (RCBC) Manila, signed an agre...

Kerala needs a new development ‘model’

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Ever since the Center for Development Studies in Thiruvananthapuram came out with a study highlighting Kerala’s accomplishments in the area...