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Overseas Filipinos’ cash remittances

The post Overseas Filipinos’ cash remittances appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineFeb 18th, 2018

Overseas Filipinos’ cash remittances

The post Overseas Filipinos’ cash remittances appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsFeb 18th, 2018

Remittance inflows rebound in May

MANILA, Philippines - The amount of cash and personal remittances from overseas Filipinos recovered to hit a two-month high in May after dropping sharply in.....»»

Category: financeSource:  philstarRelated NewsJul 17th, 2017

President Duterte Vows to Protect OFWs

President Rodrigo Roa Duterte on Wednesday, December 5, assured Overseas Filipinos Workers (OFWs) of the government’s protection underscoring their contributions to national development. Noting that OFWs are considered the modern-day heroes who send multi-billion dollar remittances back home. The President referred to our OFW’s as “the lifeblood of the country.” “As appreciation for all your […].....»»

Category: newsSource:  metrocebuRelated NewsDec 10th, 2018

President Duterte Vows to Protect OFWs

President Rodrigo Roa Duterte on Wednesday, December 5, assured Overseas Filipinos Workers (OFWs) of the government’s protection underscoring their contributions to national development. Noting that OFWs are considered the modern-day heroes who send multi-billion dollar remittances back home. The President referred to our OFW’s as “the lifeblood of the country.” “As appreciation for all your […].....»»

Category: newsSource:  metrocebuRelated NewsDec 7th, 2018

Overseas filipinos’ cash remittances (September 2018)

REMITTANCES logged a one-year low in September despite posting a modest increase, the central bank reported yesterday, which led to tempered consumer spending during the period......»»

Category: financeSource:  bworldonlineRelated NewsNov 15th, 2018

DFA repatriates 200 undocumented OFWs from UAE

  Some 200 undocumented overseas Filipino workers (OFWs) repatriated from the United Arab Emirates (UAE) were set to arrive in Manila on Monday, the Department of Foreign Affairs said.   In a statement released late Sunday, the OFWs who were granted amnesty by UAE were expected to arrive at 8 a.m. on board a Philippine Airlines flight from Dubai.   This latest batch of repatriated workers brings the number of Filipinos flown home by the DFA under the UAE amnesty program to 2,481.   The DFA said it shouldered the cost of the OFWs' immigration penalty fees and airfare. The DFA will also provide the repatriates with cash assistance when they arri...Keep on reading: DFA repatriates 200 undocumented OFWs from UAE.....»»

Category: newsSource:  inquirerRelated NewsNov 12th, 2018

Overseas Filipinos’ cash remittances (August 2018)

CASH remittances slipped in August from a year ago due to lower inflows from the Middle East, the central bank said on Monday, which could signal softer household spending in the third quarter. Read the full story. The post Overseas Filipinos’ cash remittances (August 2018) appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 16th, 2018

Remittances down 1.4% in Aug – BSP

MONEY sent home by overseas Filipino workers (OFWs) fell by 1.4 percent in August from a year earlier, the Bangko Sentral ng Pilipinas reported on Monday. Personal remittances—comprising OFWs’ net compensation, personal transfers whether in the form of cash or in kind, and capital transfers between households—hit $2.76 billion during the month, down from $2.8 billion a year [...] The post Remittances down 1.4% in Aug – BSP appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 15th, 2018

Remittances decline in August 2018

Personal remittances from overseas Filipinos declined by 1.4 percent to $2.76 billion from the $2.8 billion in August recorded in the same month last year, the Bangko Sentral ng Pilipinas reported yesterday......»»

Category: financeSource:  philstarRelated NewsOct 15th, 2018

Pace of dollar remittance growth continues to ease; up 2.4% in Jan-Aug 2018

The amount of dollars sent home by expatriate Filipinos rose further in the first eight months of the year, but data from the Bangko Sentral ng Pilipinas (BSP) also showed a worrisome trend of tapering growth in recent months for remittances, a key leg of the country's economy. In a statement, BSP Deputy Govenor Cyd Tuao-Amador said personal remittances from overseas Filipinos increased by 2.4 percent year-on-year to reach $21.2 billion in the first eight months of 2018. The central bank's data revealed that the monthly rise in the cumulative amounts of remittances this year have been moderating, compared to monthly data for the same periods last year --- a phenomenon which the cen...Keep on reading: Pace of dollar remittance growth continues to ease; up 2.4% in Jan-Aug 2018.....»»

Category: newsSource:  inquirerRelated NewsOct 15th, 2018

Filipino overseas workers 7-mo dollar remittances hit $18.5B

The amount of dollars sent home by millions of Filipinos overseas continued its unbroken uptrend in July due to an increase in remittances from both sea- and land-based Filipino workers, the centra.....»»

Category: newsSource:  philippinetimesRelated NewsSep 18th, 2018

Remittances up 4.5%, hit $2.7B in July

MONEY sent home in July by overseas Filipino workers (OFWs) rose from a year earlier and the prior month, the Bangko Sentral ng Pilipinas (BSP) reported on Monday. Personal remittances, which sum up the net compensation of OFWs, personal transfers whether in cash or in kind and also capital transfers between households, totaled $2.675 billion. The… link: Remittances up 4.5%, hit $2.7B in July.....»»

Category: newsSource:  manilainformerRelated NewsSep 18th, 2018

Remittances up 4.5%, hit $2.7B in July

MONEY sent home in July by overseas Filipino workers (OFWs) rose from a year earlier and the prior month, the Bangko Sentral ng Pilipinas (BSP) reported on Monday. Personal remittances, which sum up the net compensation of OFWs, personal transfers whether in cash or in kind and also capital transfers between households, totaled $2.675 billion. The [...] The post Remittances up 4.5%, hit $2.7B in July appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsSep 18th, 2018

Remittances recover in July 2018

Personal remittances from overseas Filipinos bounced back in July, rising by 4.5 percent to $2.67 billion from $2.56 billion in the same month last year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsSep 17th, 2018

Cash sent home by OFWs recovers

CASH remittances recovered in July, the central bank reported on Monday, as overseas Filipino workers (OFWs) likely took advantage of a weakening peso. The post Cash sent home by OFWs recovers appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 17th, 2018

Overseas Filipinos’ cash remittances (July 2018)

CASH remittances recovered in July, the central bank reported on Monday, as overseas Filipino workers (OFWs) likely took advantage of a weakening peso. The post Overseas Filipinos’ cash remittances (July 2018) appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 17th, 2018

July OFW remittances expected to have edged up

REMITTANCES likely grew modestly in July from a year ago as overseas Filipino workers (OFWs) reaped benefits of a weaker peso, a global bank said, giving their families more cash even with the same level of dollars they used to send home. The post July OFW remittances expected to have edged up appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 16th, 2018

ING sees peso weakening to 54 : $1

Dutch financial giant ING Bank said the peso would weaken further against the greenback to 54 this year and 55 next year due to strong imports, as well as soft remittances from overseas Filipinos......»»

Category: financeSource:  philstarRelated NewsAug 26th, 2018

Overseas Filipinos’ cash remittances (June 2018)

CASH remittances slipped to a two-month low in June due to smaller flows from the Middle East, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday. Read the full story. The post Overseas Filipinos’ cash remittances (June 2018) appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 15th, 2018

OFW remittances hit 4-month low in June

MONEY sent home by overseas Filipino workers (OFWs) in June was the lowest in four months, a result the Bangko Sentral ng Pilipinas (BSP) said was partly due to a government repatriation program. Personal remittances, which sum up the net compensation of OFWs, personal transfers whether in cash or in kind and also capital transfers between [...] The post OFW remittances hit 4-month low in June appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsAug 15th, 2018