OFW remittances up by 3.2% in July

PTVPhilippines

OFW remittances up by 3.2% in July;  MWSS OKs FCDA of water concessionaires;  Calabarzon, Central Visayas RTWPB approved minimum wage hike;  BOI OKs P1.35T investments for 2024 thus far  For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 8:00 am Bagong Pilipinas Ngayon - 12:00 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:00 pm - 7:00 pm PTV News Tonight -  9:30 pm - 10:30 pm  Saturday & Sunday: ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

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00:00Investment approvals this year hit over a trillion pesos thus far,

00:04while two regional wage boards have approved increases in the daily minimum wage for workers.

00:10These and more stories in tonight's business news wrap-up by Jomsbalagan.

00:17The Banco Central ng Pilipinas or BSP reported the personal remittances from overseas Filipino

00:22workers went up 3.2% in July this year. This amounted to $3.43 billion dollars

00:28from $3.32 billion dollars in the same month last year.

00:32The Metropolitan Water Works and Sewerage System Regulatory Office or MWSSRO has approved the

00:38Foreign Currency Differential Adjustments or FCDA of concessionaries. As a result,

00:44the Manila Water customers will have to bear additional charges. The basic charge for Manila

00:49Water has increased 86 centavos per cubic meter. Consequently, the bills of users consuming 20 to

00:5530 cubic meters will rise by between 8 to 16 pesos more. Meanwhile, Manila will implement a

01:00reduced charge of 29 centavos per cubic meter. The Regional Tripartite Wages and Productivity

01:07Boards of Region IV-A or Calabarzon and Region VII or Central Visayas have approved the increase

01:13in the daily minimum wage raise of workers. The Department of Labor and Employment or DOLE said

01:18the daily wage adjustment in Calabarzon and Central Visayas ranges from 21 pesos to 75 centavos

01:25and 33 pesos to 43 centavos, respectively. The wage hike in Calabarzon will take effect

01:30on September 30 while the wage hike in Central Visayas goes in effect on October 2.

01:36The Board of Investments has approved 1.35 trillion pesos worth of investments so far

01:41this year. This is 82 percent higher than the 741.98 billion pesos in approved investments

01:48in the same period last year. Joms Balaban from the National TV Network for a new and better Philippines.

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