Remittances to Mexico Continue Growth to Record High
Remittances in Mexico have hit a record high, and the American economy and politics played a key role in the
Read more
Development
Remittances to Developing Countries Expected to Grow at Weak Pace in 2016 and Beyond
Amid a backdrop of weak global growth, remittances to developing countries are expected to increase only slightly in 2016, says
Read moreFinancial Inclusion Key In Improving Postal Services
Africa’s postal services regulator, UPU, has stressed on the need for member states to employ financial inclusion ensure that the
Read morePhilippines Has a People Problem, Literally
Hmmm, maybe Donald Trump wouldn’t be such a disaster after all. Just kidding! The billionaire-turned-politician would be every bit the
Read moreMexican migrants buy tons of empty homes in Mexico with US cash, only to never live in them
Mexican immigrants living in the U.S. have been building homes in Mexico for years, but the likelihood of them returning
Read moreProject To Invest OFS’ Savings In PH Rural Development Launched In Seoul
A regional project intended to facilitate the investment by overseas Filipinos in the Philippines’ rural development was launched in Seoul on May 29, with the attendance of Secretary Imelda M. Nicolas, chair of the Commission on Filipinos Overseas (CFO), and a representative of the Philippine Embassy in Seoul.
Backed by the National Confederation of Cooperatives (NATCCO) Network, ACCESS Advisory and 10 primary cooperatives in the Philippines, the Regional Programme on Remittances and Diaspora Investment for Rural Development was launched in Seoul with some 50 resident Filipinos from more than a dozen community groups in Korea in attendance at the Ramada Encore Dongdaemun Hotel.
Read moreRemittances to Philippines remain subdued after marked slowdown
Half of remittance recipients expected no change in the amount of money they receive in the next six months. Basic
Read moreThe diaspora groups bringing aid to Syria: ‘This isn’t a job, it’s now our life’
Inside Syria, 75% of aid is now arriving through local networks supported by diaspora groups. Among the leaders of this new humanitarian wave is British doctor Rola Hallam of Hand in Hand for Syria
When Rola Hallam arrived in the UK at 13 from Syria, speaking no English and knowing nothing of British culture, she felt like she’d landed on a different planet. Her gynaecologist father had accepted a job at a British hospital, and the whole family relocated, pitching head first into 1980s Cambridgeshire.
“I felt like I was wearing really weird clothes,” she remembers. “It was very white middle class.” Thrown into an English school, Rola showed her mettle: nailing her GSCEs within two years while also learning English, landing a place at medical school and becoming a consultant doctor with her beloved NHS.
Read moreRemittances Bring Economic Stability to Families and Countries, says IFAD President on International Day
On the International Day of Family Remittances, 16 June, Kanayo F. Nwanze, President of the International Fund for Agricultural Development (IFAD), calls for greater recognition of the vital financial contribution migrants make to the economic stability of their families and countries.
“The remittances sent back to relatives provide a lifeline, particularly to tens of millions of families living in fragile or post-conflict societies,” Nwanze said. “Remittances can help rebuild the fabric of societies, spark economic development, and bring the stability necessary for a hopeful future.”
Read moreWorld Bank makes progress to support remittance flows to Somalia
The World Bank and the Federal Government of Somalia are working together to help support the flow of remittances to
Read more