Remittances are now sent to the Philippines by moneygram and wire transfer as well as traditional means through the big banks. A remittance is a transfer of money, often by moneygram or wire transfer, by a foreign worker to his or her home country and for the Philippines economy is a significant foreign currency earner. …
Category: News
News Items
Oct 29
Philippines Economic Performance & Indicators 2012
At a recent meeting of the PBBC, The Philippine Ambassador to the UK, His Excellency Enrique A. Manalo, was able to report on recent Philippines Economic performance and indicators which continue to show that the Philippines economy is doing very well in comparison to most counties throughout the world. Many of the economic performance indicators continue …
Sep 21
Philippines – PPP Infrastructure Projects identified
UKTI has identified a number of high value Philippines PPP projects in the coming two years. Philippine PPP programme outlined infra projects worth at least £ 5 billion. Prioritised projects for rollout 2012-2013 are in transport, valued at £ 2 billion (rail, airports, ports and roads), and other infrastructure projects valued at £ 1.3 billion. …
Sep 20
Cleveland Bridge secures major bridge contract
According to a report issued by UKTI, Cleveland Bridge has secured a major bridge contract in the Philippines. “Philippine Government approves Cleveland Bridge £120 million bridge project after extensive negotiations.. A strong signal that the Philippines’ public-private partnership (PPP) programme in infrastructure will proceed and that UK companies can compete and win. After extensive negotiations …
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