This might not be the typical expat blog, written by a German expat, living in the Philippines since 1999. It's different. In English and in German. Check it out! Enjoy reading! Dies mag' nun wirklich nicht der typische Auswandererblog eines Deutschen auf den Philippinen sein. Er soll etwas anders sein. In Englisch und in Deutsch! Viel Spass beim Lesen!
You plan to move to the Philippines? Wollen Sie auf den Philippinen leben?
Ja, es gibt tonnenweise Webseiten, die Ihnen sagen wie, warum, vielleicht warum nicht und wann Sie am besten auf die Philippinen auswandern könnten. Ich möchte Ihnen in Zukunft "zwischen den Zeilen" einige zusätzlichen Dinge berichten und erzählen. Viel Spass beim Lesen und Gute Unterhaltung!
Total Pageviews
Thursday, April 16, 2026
Three bypass roads are set to alleviate traffic congestion at the Milan intersection in Buhangin
ABS-CBN fends off shutdown pressures amid Lopez feud

Aproposal to shut down ABS-CBN Corp. had been raised during board discussions but was ultimately rejected, as tensions within the Lopez family continue to escalate.
In a statement on Wednesday, the broadcasting firm cited records showing that “one of our directors proposed shutting down ABS-CBN without so much as discussing how it would meet its obligations to its people.”
But the company quickly pointed out that majority of directors had rejected the proposal and instead pushed for continued financial support to sustain operations and protect employees, retirees and other stakeholders.
The statement comes after the majority shareholders of family holding firm Lopez Inc., led by Eugenio “Gabby” Lopez III, said the network “will survive and grow once more” despite the family rift.
Gabby’s faction earlier claimed that Federico “Piki” Lopez had proposed shutting down the network last year, adding that such a move could have jeopardized thousands of jobs.
For its part, ABS-CBN did not identify the director but confirmed that a shutdown proposal had been raised during internal discussions.
But it stressed that the board had instead chosen to support the company’s operations, citing its obligations to employees and other stakeholders.
The company also refuted claims about preferential retirement payments, describing them as “repeated lies designed to sow intrigue among employees.”
It said most of the 68 individuals cited were retirees who had “received only partial or no retirement benefits” and had agreed to defer payment until the company’s financial position improves.
“These continued public PR attacks against ABS-CBN are a disservice to the employees and to the public,” the company said.
ABS-CBN added that the decline in its pension fund was largely due to payouts to nearly 6,000 employees who had been retrenched following the loss of its franchise in 2020.
The company also denied allegations that a P2-billion capital infusion would be used to fund retirement payouts.
ABS-CBN acknowledged that it has faced financial challenges in recent years, but pointed to “steady, consistent improvement” in its operations.
It said its board and the Lopez family have recognized the company’s progress and emphasized its continued importance to the public.
The Lopez family dispute is related to a move made by Gabby’s faction to replace Piki at the helm of Lopez Inc.
Piki had been ousted by the Lopez Inc. board, but a court order later blocked his removal from group companies.
Feb remittances growth slows to near 2-year low

Remittances from Filipinos abroad are expected to remain resilient even after posting their slowest growth in nearly two years in February, before the Middle East conflict heightened fears of labor displacement.
Latest data from the Bangko Sentral ng Pilipinas (BSP) showed money sent home through banks rose 2.6 percent from a year earlier to $2.79 billion. That was the weakest pace of growth since June 2024, when remittances increased by 2.5 percent and the lowest monthly inflow since May 2025, when they totaled $2.66 billion.
In the first two months of the year, remittances reached $5.81 billion, up 3.1 percent.
Domini Velasquez, chief economist at Chinabank, said the slower remittance growth in February was partly due to weaker inflows from the United States, where 40 percent of the total cash transfers came from. To note, a common practice of remittance centers in various cities abroad is to course remittances through correspondent banks, most of which are located in the United States.
“The 1 percent excise tax on remittance transfers from the US introduced at the start of 2026 under the One Big Beautiful Act may have weighed on remittances and may have pushed some overseas Filipinos to use alternative transfer channels,” Velasquez said.
The slowdown came ahead of a widening war involving Iran, the United States and Israel that has rattled energy markets and raised fears of job displacement for migrant workers. Inflows from the Middle East accounted for about 18 percent of total remittances to the Philippines last year.
For now, the BSP is sticking to its year-end forecast of 3-percent remittance growth to $36.7 billion, noting that “there remain no signs of mass repatriation or widespread deployment bans” despite the geopolitical turmoil.
The risk extends beyond households to banks, as potential job losses in the Gulf could weaken the financial buffers of workers’ families and their ability to repay loans. In a report on Wednesday, S&P Global Ratings warned that Philippine banks could face pressure on loan quality.
“If labor markets in the Gulf are disrupted, it could affect remittances, which could in turn erode deposit growth and repayment capacity in the Philippines, India and Bangladesh,” S&P said, adding that a widening Middle East conflict poses a $180 billion downside risk to Asia-Pacific banks.
Looking ahead, Robert Dan Roces, group economist at SM Investments, said remittances were likely to show their countercyclical nature during difficult periods. Unlike private capital, which typically retreats during economic downturns or natural disasters, remittances often swell as expatriates step in to provide relief to their families back home.
“The Middle East conflict adds risk, but flows tend to hold as they are need-driven,” he said. “Remittances should remain as a steady support for consumption, just with less momentum.”
Velasquez shared the same view. “In the near term, rising domestic consumer prices—driven largely by increased fuel costs—could prompt OFWs to send more money home to help cover rising household expenses,” she said. “This could offset the losses from repatriation of some OFWs from the Middle East.”
Wednesday, April 15, 2026
Elusive peace



