REMITTANCES: Keeping the Philippines economy afloat
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When Philippines retailing tycoon Henry Sy picks a location for a new shopping mall, one of the first things he does is figure out where the families of overseas Filipino workers are buying homes. The strategy has not failed the country&#39;s richest man, whose SM Prime Holdings runs 28 shopping malls throughout the country.
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The majority of Hispanic immigrants maintain ties to their native countries by sending money, calling or traveling to their homelands, but most see their future in the United States despite these long-distance links, a new study has found.
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The money-transfer company isn't taking a breather.
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GAINING WEIGHT: Immigrants pack on the pounds after coming to America.
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So Iâve finally finished the tough slog through The World Is Flat, Thomas Friedmanâs much-cited opus on globalization. One could take issue with the 577-page bookâs uneconomical approach to language, but itâs hard to dismiss its basic economic premise: The playing field is leveling out, as India, China, and other emerging markets plug in to a global economy. Outsourcing is a fact of life.
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Foreign stock markets have been an ideal refuge from troubles at home, but after years of strong erformance abroad, some funds are bringing their money home.
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In a new wave of global outsourcing, personal chores are moving offshore, and this is leading to some daunting challenges, both economic and cultural.
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A chicken in every pot. More open space and more affordable housing. The benefits of free trade without outsourcing. More manna from Washington, to be financed by that other guy behind the tree.
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The Philippine economy maintained its solid growth in the first nine months of the year as gross domestic product (GDP) expanded by 6.5 percent, well on track of the governmentâs full-year target.
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A non-magical approach to building wealth.
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Emerging economic expansion in Latin America fuels continued growth.
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On the clear benefits of a dollar that won't spend.
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The Philippine economy continued to grow robustly in the third quarter despite rising consumer prices, with the gross domestic product expanding by 6.3 per cent from a year ago
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The Philippines' promotion of Southeast Asia as a compassionate community and itself as a reinvigorated developing economy could prove to be a hard sell when it hosts the region's annual summit this month.
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Investing: Taming China's Dragon Market
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How to keep a parent's finances running as smoothly as possible.
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Strategies to limit tax bills for Americans living overseas.