Padala, Mas Gawing Mura: PH Government Backs Lower Remittance Costs
Department of Finance (DOF) Secretary Frederick Go echoes the Philippine government’s initiative to lower fees for Overseas Filipino Worker (OFW) remittances to the country. “For the overseas Filipinos, they’re paying up to 10 percent (for remittance fees).” Finance Secretary Go stated in a news report, “These are blood, sweat, and tears of our fellow kababayans abroad. And they have to pay those […]
Heat Waves, Hot Costs: Why Sustainable Digital Finance Matters Now
Extreme heat waves across Europe and North America are being directly linked to human-driven climate change, and scientists warn that 2026 may be the hottest year on record. Recent reports from climate scientists show that nearly all of the rapid warming in the past decade has been caused by human activities, particularly fossil fuel burning. Atmospheric carbon dioxide concentrations reached record […]
Economic Milestone: Philippines Attains Upper Middle Income Status
The World Bank has officially reclassified the Philippines as an upper middle-income economy, a milestone that reflects years of steady growth and resilience. Gross national income per capita reached $4,850 in 2025, surpassing the $4,636 threshold required for the new category. This achievement marks a turning point in the country’s economic narrative, signaling progress while also […]