Palawan Pawnshop, Cebuana, Lhuilier and M Lhuilier are Three of the Largest Pawnshop Businesses in the Philippines – Ken Research The Philippines economy stood as the 40th largest economy in the world and has been one of the most budding amongst other economies in the Asian region in the last five years. The government of Philippines has carried out a string of legislative changes to improve the entrepreneurial environment and to make the private sector… Read More »
Rapid Adaption of Internet Technology, Increase in OFWs and Elevation in Banked Population to Expand Remittances in Philippines Increase in Usage of Digital Systems and Banking Facilities Along With Rise in Incomes of Overseas Filipino Workers to Support Market Growth Remittances have formed a crucial aspect for the population of the Philippines as they have relied significantly on the money transferred from OFWs to carry out their day to day tasks. Due… Read More »
Philippines Domestic and International Money Transfer Industry Outlook to 2019 – Driven by Mobile Money and Increase in OFWs Philippines international remittance market is expected to reach USD 36 billion by 2019 Philippines domestic remittance market is expected to reach USD 8,814.5 million by 2019 Future growth of the remittance market is expected to be lead by mobile money transfers and regions such as the US and Saudi Arabia Major banks include Banco de… Read More »
