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Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»
Philippine remittances hit all-time high in 2023
MANILA, Feb. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached an "all-time high" of 37.2 billion U.S. dollars in 2023, 3 percent higher than the 36.1 billion dollars recorded in 2022, the Philippine central bank said on Thursday. "The robust inward remittances reflected the rise in the deployment of overseas Filipino workers due to the continuous increase in demand for foreign workers in host.....»»
Philippine remittances hit all-time high in 2023
MANILA, Feb. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached an "all-time high" of 37.2 billion U.S. dollars in 2023, 3 percent higher than the 36.1 billion dollars recorded in 2022, the Philippine central bank said on Thursday. "The robust inward remittances reflected the rise in the deployment of overseas Filipino workers due to the continuous increase in demand for foreign workers in host.....»»
Philippine remittances rise by 3 pct in February
MANILA, April 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 2.95 billion U.S. dollars in February, recording a 3 percent year-on-year growth, the Philippine central bank said on Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.8 percent to 6.10 billion dollars in the first two months, with the United States, Singapore, Saudi Arabia, and Japan.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Remittances grow at slower 2.7 Percent pace in January
Personal remittances from overseas Filipino workers (OFWs) grew by only 2.7 percent to $3.15 billion in January from $3.07 billion in the same month last year, according to the Bangko Sentral ng Pilipinas (BSP)......»»
ADB: Manufacturing benefits the most from remittances
The manufacturing sector is the biggest recipient of spending made by households receiving remittances from overseas Filipino workers, according to the Asian Development Bank......»»
Remittances ease to $3 billion in November
Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»
Sari-sari stores post P8 billion in sales in 2023
Small neighborhood variety (sari-sari) stores in the Philippines recorded sales of more than P8 billion in 2023, more than 21 percent higher than the previous year’s tally of P6.6 billion, according to a study conducted by analytics startup Packworks......»»
Philippine Infradev COO claims Makati Subway Project not very affected , that project will still continue
Philippine Infradev COO Georgina Monsod gave an interview with Hitoshi Iemura of Global Strategy Real Estate that was posted on Youtube on Nov. 28, 2023, where she spoke about the September court decision that altered the land distribution between Taguig and Makati, and about how that might impact INFRA’s crown jewel project, the Makati City Subway......»»
Dollar remittances hit record high
The strong finish in December due to the holiday season boosted dollars sent home by Filipinos abroad to reach an all-time high of $37.2 billion in 2023, the Bangko Sentral ng Pilipinas said......»»
PFDA commits to increased dividend payments to Treasury
Department of Agriculture’s Philippine Fisheries Development Authority announced in a statement that it would remit 75% of its dividend payouts coming from the prior 50% after Finance Secretary Ralph Recto requested the government firm to increase its remittances to the government. .....»»
Japan credit rater bullish on Philippine growth this year
The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»
Davao de Oro landslide: Death toll rises to 98; over 5,300 in evacuation centers
TAGUM CITY — Two bodies have been found by responders at a landslide-hit village in Maco town, Davao de Oro on Saturday, bringing the death toll of the Feb. 6 disaster to 98, local disaster officials said. In a 7 p.m. bulletin on Saturday, the Maco local government said the number of missing persons was.....»»
Philippine landslide death toll rises to 92, search for 36 continues
MANILA, Feb. 15 (Xinhua) -- The death toll from the Feb. 6 landslide that hit a mining town in Davao de Oro province in the southern Philippines has risen to 92, local authorities said Thursday. Provincial government of Davao de Oro said on social media that rescuers are still looking for 36 missing people. Leah Anora of the Department of Interior and Local government told a press conference at Maco, the.....»»
Philippine landslide death toll rises to 92, search for 36 continues
MANILA, Feb. 15 (Xinhua) -- The death toll from the Feb. 6 landslide that hit a mining town in Davao de Oro province in the southern Philippines has risen to 92, local authorities said Thursday. Provincial government of Davao de Oro said on social media that rescuers are still looking for 36 missing people. Leah Anora of the Department of Interior and Local government told a press conference at Maco, the.....»»
Philippine landslide death toll rises to 71, search for 47 continues
MANILA, Feb. 13 (Xinhua) -- The death toll from the Feb. 6 landslide that hit a mining town in Davao de Oro province in the southern Philippines has risen to 71, a government official said Tuesday. Leah Anora of the Department of the Interior and Local Government told a press conference at Maco, the municipality where the tragedy occurred, that rescuers are still looking for 47 missing people. Thirty-two.....»»
Philippine landslide death toll rises to 71, search for 47 continues
MANILA, Feb. 13 (Xinhua) -- The death toll from the Feb. 6 landslide that hit a mining town in Davao de Oro province in the southern Philippines has risen to 71, a government official said Tuesday. Leah Anora of the Department of the Interior and Local Government told a press conference at Maco, the municipality where the tragedy occurred, that rescuers are still looking for 47 missing people. Thirty-two.....»»
Philippines Feb. 6 landslide death toll rises to 37, search continues
MANILA, Feb. 11 (Xinhua) -- The death toll from a landslide in the southern Philippines has risen to 37, the government said Sunday, as rescue workers comb mud and rubble in search for the over 60 missing people. The landslide hit the mountain town of Maco in Davao de Oro province on the evening of Feb. 6, burying several homes, vehicles and dozens of people. Previous reports said 35 people were found dea.....»»