What will you do if you are preparing to apply for a permanent residency in Canada and somewhere along the way realized you're out of status? Having legal status means you are authorized to enter and remain in Canada as a temporary or permanent resident under the Immigration and Refugee Protection Act. Temporary … Continue reading Out of status in Canada
Author: akosilayla
Former journalist, now living in Canada.
BDO taps MoneyGram for remittance business
Banco De Oro Unibank said it has partnered with MoneyGram to facilitate direct-to-account remittance transfers from overseas Filipino workers. Through its global remittance service brand BDO Remit, the Philippines’ biggest lender in terms of assets said it expended the account service in selected MoneyGram outlets in the US, Singapore, Brunei and Greece, benefiting account holders … Continue reading BDO taps MoneyGram for remittance business
BSP hints resumption of rate hikes
THE Bangko Sentral ng Pilipinas (BSP) on Wednesday hinted it may resume its tightening cycle, possibly using both the policy rate and reserve requirement if liquidity continued to increase and threaten the inflation outlook. BSP Deputy Gov. Diwa Guinigundo said the two successive hikes in key rates have resulted in a weak pass-through of around … Continue reading BSP hints resumption of rate hikes
Hot money inflows more than double in 1H
HOT money inflows grew more than two-fold in the first six months of the year on the back of continued investor risk appetite in Philippine securities and fixed income investments, the central bank said on Thursday. In a statement, the Bangko Sentral ng Pilipinas (BSP) said foreign portfolio investments yielded a net inflow of $9.1 … Continue reading Hot money inflows more than double in 1H
Chunks and Tidbits 