I-Remit’s Growth Outperforms the Industry

Personal remittances from Overseas Filipinos in the first seven months of the current year continue to exhibit an increase in growth. The Bangko Sentral ng Pilipinas (BSP) reported a growth of 3.0 percent from the level registered in the same period last year with year-to-date remittance inflows of $18.5 billion. Within the same period, top […]
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I-Remit Philippines Partners with Travelex Bahrain

I-Remit Inc. (PSE: I) and Travelex have inked a partnership aimed at providing Filipino remitters in Bahrain the ease and convenience of sending and receiving money between Bahrain and the Philippines. Travelex is a leading foreign exchange specialist and this new service will be accessible at all 25 branches across the Kingdom, including five airport stores […]
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I-Remit Adopts Blockchain Tech

I-Remit Inc. (PSE: I), the Philippines’ largest non-bank remittance company, forged a partnership with San Francisco based fintech, Ripple, on August 15, 2018. I-Remit adopts and integrates Ripple’s block chain cross-border settlements and payments technology solution xCurrent to its infrastructure. I-Remit transactions will move on the rails of RippleNet, a fast expanding global payments network […]
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PH Stocks Down 25pts

Manila—(PHStocks)—The mainboard Philippine Stock Exchange index (PSEi) ended today’s market session at 7,860.77, down by 25.26 points or 0.32%. All counters were down, albeit minimally, while the Services index closed at 1,686.14, up by 0.28%. The Property index fell by 0.52%, while the Mining and Oil sector shed 0.5%. The wider All Shares index dropped […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in June

Manila—(PHStocks)—The Philippine Stock Exchange index flirted with 8,000 level yesterday—the inauguration of incoming President Rodrigo Roa Duterte—before closing down at 7,796.25, just 2.28 point lower from the previous day’s close. As intra-day high hit 7,980.75 yesterday, profit taking pulled back the gains as investors lock in their gains. For the month of June, below are […]
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Sterling Bank of Asia and I-Remit Ink Partnership Agreement on Remittances of OFWs in the Kingdom of Saudi Arabia

Pasig—(PHStocks)—Sterling Bank of Asia and I-Remit Inc. (PSE: I) signed a partnership agreement for the acceptance and fulfillment of remittance transactions of overseas Filipino workers (OFWs) in the Kingdom of Saudi Arabia. Earlier, Sterling bank signed a memorandum agreement with FAWRI Money Transfer Services, the retail money tranfer arm of Bank Aljazira for a remittance […]
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PHStocks Exclusive: Top 30 Losers in March 2016

Manila—(PHStocks)—Last week, we presented the 50 best stock performers for March. This post lists the top 30 decliners during the month. PHStocks only selected 30 as the rest in the “Losers Bracket” of our analysis remained flat in March. 1. Agrinurture Inc. (PSE: ANI): PhP4.70, -19.24% 2. Liberty Telecoms Holdings Inc. (PSE: LIB): PhP3.56, -11% […]
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I-Remit to Launch Pick Up Anywhere Payment Facility

Pasig—(PHStocks)—Amid a more challenging business environment, I-Remit Inc. (PSE: I) is now evaluating various innovation alternatives that will make use of the latest available technologies to be able to deliver its services to overseas Filipinos and migrant workers of other nationalities. A part of this effort are the investments in information technology hardware and software needed for upgrading the […]
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