Remittances grew double digit in peso terms Remittances from overseas Filipinos (OFs) amounted to US$1.369 billion in August 2009 This is a a year-on-year expansion of 2.8 percent from US$1.332. Year-to-date remittances thus reached US$11.343 billion from the comparable figure of US$10.94 bn This representsa year-on-year growth of 3.7 percent. COMMENT: The flat growth (monthly … Continue reading OFW remmittace continues to surge, let’s hope it is well spent
I’m giving 4 complimentary slots to the No Nonsense Seminar on Finance (How to Invest for the Future) to 4 deserving students taking any business related course or Economics. If you are interested or you would like to nominate anyone, please have them send me an email to randellt@gmail.com with a brief note as to … Continue reading Free slots for students, No Nonsense Seminar on Finance – the Repeat
My earlier blog (Should you start buying US Dollars?) may has spurred a lot of discussion on alternatives to the US Dollars and one of them is Gold. Gold has been a financial instrument for the longest time, even predating minted money by a mile. Every time there are reversals in the economy and the … Continue reading Thinking of Gold?
