Tag Archives: Philippines

India Ranks 3rd with $11 Bln in Money Transfers From US: Report

$ Remittances from US to India

India has been ranked in the third top spot for remittances, receiving a total of $11.75 billion from friends, family and businesses in 2015, while Mexico was on top with $25.68 billion, followed by China with $16.23 billion in the second position, said a new study by personal finance comparison website finder.com. Based on the World Bank data of remittances ...

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IFC Helps Card Bank and CARD SME Bank in Philippines

IFC, a member of the World Bank Group, will provide a seven-year loan of up to Philippine Peso 700 million ($15.7 million) to CARD Bank, Inc. and CARD SME Bank, Inc., to be lent to micro, small, and medium enterprises (MSMEs), microfinance borrowers, and women in rural Philippines. Almost three-quarters of the poor in the Philippines live in rural areas. ...

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5th Islamic Microfinance Summit Held in Malaysia

The 5th Global Islamic Microfinance forum (GIMF) held in Kuala Lumpur, Malaysia was held on 24-25 November, 2015 and attended by the officials and delegates from 30 countries including Pakistan, Nigeria, Tajikistan, Canada, Tanzania, Philippines, Indonesia, China, Azerbaijan and many other countries, said a statement. The entire leadership unanimously unified their voice and support for the development of Islamic Microfinance ...

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Panasonic Employees Brighten Filipino Village With Solar Lanterns

Panasonic Corporation, under its 100,000 Solar Lanterns Project donated 100,000 solar lanterns to the world’s non-electrified areas on the occasion of the company’s 100th anniversary in 2018. Solar lanterns with handmade shades have been donated since 2013 as a part of the “Cut Out the Darkness” project. To present, more than 1,200 shade designs have been sent by users to ...

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Survey Reveals 68% Yet to Use Mobile-Based Financial Services

Amdocs has released the results from a new global survey around mobile financial services (MFS) which revealed that more than 68 percent of the respondents have yet to use mobile financial services, and that new innovative solutions for savings, loans, and insurance will drive the next phase of mobile financial services growth across emerging and mature markets. Conducted by analyst ...

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Miss World 2013 Last Interview: What Megan Accomplished?

Miss World 2013 Megan Young, throughout the course of a year, has travelled to over 15 countries worldwide promoting Beauty with a Purpose. The humble and talented Filipina beauty has proven to the world why she rightfully deserved the Miss World crown last year. This Miss World Organization reporter tried to catch up with Megan to find out her thoughts and ...

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Philippines’ Jamie Herrell wins Miss Earth 2014 title; India’s Alankrita fails to Make it Top 16

Jamie Herrel of the Philippines was Saturday crowned Miss Earth 2014. The runners-up are Miss USA, who was crowned Miss Air, Miss Venezuela won the Miss Water title and Miss Fire went to Miss Russia, with India’s Alankrita failed to make it to top 16. Herrell defeated 85 contestants including Miss India Alankrita Sahai, who couldn’t even make it to ...

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7.3M Earthquake Hits Indonesia in ‘Pacific Ring of Fire’, Huge Tsunami Waves Expected

A 7.3-magnitude earthquake jolted the Maluku Islands of Indonesia on Saturday morning at 10:31 am and the authorities have issued a tsunami warning within 300 kilometres range, expecting 30-cm tidal waves within two hours today. The US Geological Survey has recorded the earthquake’s epicentre at a depth of 46 kilometres (28 miles) at 10:31 am (0231 GMT), 154 kilometres northwest ...

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