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Overseas Filipinos’ cash remittances

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

Category: financeSource: bworldonline bworldonlineFeb 18th, 2018

Philippine remittances for November 2017 grow by only 2%

MANILA, Philippines – Money sent home by overseas Filipinos (OFs) last November grew by only 2% year-on-year to $2.3 billion, partly because of base effects, after remittances in the same month in 2016 saw an "unusually high" growth in over 8 years. Back in November 2016, cash  remittances  spiked by ........»»

Category: newsSource:  rapplerRelated NewsJan 15th, 2018

Remittances rise to $2.27B in October

Cash remittances recovered in October to a two-month high, the central bank reported on Friday, as overseas Filipino workers (OFWs) took advantage of a weaker peso to get more out of their funds......»»

Category: newsSource:  interaksyonRelated NewsDec 16th, 2017

Remittances recover in Oct, grow fastest in 7 months

MANILA, Philippines — Remittances from overseas Filipinos rebounded strongly in October after shrinking in September, growing fastest in seven months amid th.....»»

Category: financeSource:  philstarRelated NewsDec 15th, 2017

Remittances rise to $2.27B in October

By Melissa Luz T. Lopez, Senior Reporter CASH remittances recovered in October to a two-month high, the central bank reported on Friday, as overseas Filipino workers (OFWs) took advantage of a weaker peso to get more out of their funds. Money sent home by migrant workers reached $2.275 billion that month, up by 8.4% from […] The post Remittances rise to $2.27B in October appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 15th, 2017

Sept. remittances smaller; year-to-date flows up

By Melissa Luz T. Lopez Senior Reporter MONEY SENT HOME by Filipinos abroad dropped in September to a five-month low as Saudi Arabia sent more overseas Filipino workers (OFWs) back home under an extended repatriation program, the central bank reported yesterday, although year-to-date flows were still bigger than a year ago. OFW remittances totalled $2.186 […] The post Sept. remittances smaller; year-to-date flows up appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsNov 16th, 2017

Remittances drop by 8.3% in September amid Saudi repatriation

MANILA, Philippines – After hitting a 5-month high in August, remittances coursed through banks by overseas Filipino workers (OFWs) fell again in September this year. Data released by the Bangko Sentral ng Pilipinas (BSP) on Wednesday, November 15, showed that OFW cash remittances totaled $2.186 billion, a drop of ........»»

Category: newsSource:  rapplerRelated NewsNov 16th, 2017

Remittances rise to $20.72 B in 8 months

MANILA, Philippines — The amount of money sent by overseas Filipinos to the Philippines in August grew at its fastest pace in five months as new markets for.....»»

Category: financeSource:  philstarRelated NewsOct 17th, 2017

Remittances sustain strong growth in July

MANILA, Philippines — Personal and cash remittances from Filipinos abroad continued to book stronger-than-expected growth in July with the steady deployment.....»»

Category: financeSource:  philstarRelated NewsSep 15th, 2017

Remittances hit 3-month high

MANILA, Philippines - Remittances from overseas Filipinos reached their highest level in three months last June amid the sustained demand for skilled Filipin.....»»

Category: financeSource:  philstarRelated NewsAug 15th, 2017
Category: newsSource:  manila_shimbunRelated NewsMay 15th, 2017

OFW remittances hit record $2.91 B in March

MANILA, Philippines - Remittances from overseas Filipinos reached their highest monthly level in March due to strong demand for skilled Filipino workers abro.....»»

Category: financeSource:  philstarRelated NewsMay 15th, 2017

Personal remittances up in February

MANILA, Philippines - Personal remittances from overseas Filipinos in February increased by 3.3 percent to $2.397 billion......»»

Category: financeSource:  philstarRelated NewsApr 17th, 2017

Personal, cash remittances at record high in December

verseas Filipinos sent mo........»»

Category: newsSource:  manila_shimbunRelated NewsFeb 15th, 2017

September cash remittances highest for the year, so far; but growth slows

MONEY SENT HOME by overseas Filipino workers (OFWs) continued growth in September to post the highest level for the year, so far, though at a slower pace than in August, the central bank reported yesterday......»»

Category: newsSource:  bworldonlineRelated NewsNov 15th, 2016

DOF favors weakening of the peso

The Department of Finance (DOF) is favoring a weaker peso to improve the competitiveness of the country’s exports and the value of remittances of overseas Filipinos and business process outsourcing (BPO)......»»

Category: newsSource:  mb.com.phRelated NewsSep 28th, 2016

DOF supports weakening local currency

The Department of Finance (DOF) is favoring a weaker peso to improve the competitiveness of the country’s exports and the value of remittances of overseas Filipinos and business process outsourcing (BPO)......»»

Category: newsSource:  mb.com.phRelated NewsSep 28th, 2016

Remittances shrink 5.4% in July

MANILA, Philippines - Overseas Filipinos sent less money to their loved ones in July amid the double-digit decline in the deployment of skilled Filipino work.....»»

Category: financeSource:  philstarRelated NewsSep 15th, 2016

Are you an OFW? Here are bad spending habits you need to break

By Don Kevin Hapal/rappler.com – Overseas Filipino workers (OFWs) are often considered modern-day heroes. Their cash remittances help keep not only millions of families provided for, but also the Philippine economy afloat. But despite their seemingl.....»»

Category: newsSource:  thepinoyRelated NewsJul 17th, 2016

NCMF director decries continued proliferation of fake CTMs

DAVAO CITY -- A ranking official of the National Commission on Muslim Filipinos (NCMF) said he continues to discover fake Certificates of Tribal Membership (CTM) amid the continuing war against forgery of documents, especially for overseas-bound Filipino Muslims. CTMs were being issued by the NCMF for various purposes, including employment in government and the private sector, application for passport, and visa stamping. The document serves as proof of identity. Dimapuno Datu Ramos Jr., the director of the NCMF's external relations bureau, saidon Saturdaythat based on interviews he had with those who were caught in possession of fake CTMs, the spurious documents were being p...Keep on reading: NCMF director decries continued proliferation of fake CTMs.....»»

Category: newsSource:  inquirerRelated NewsMay 20th, 2018

Survival tips for OFWs

I have received emails asking me about the continuation of the book, Abroad Me: 22 Success Strategies for Young Overseas Filipinos by Anne Quintos, so here we go......»»

Category: newsSource:  philstarRelated NewsMay 18th, 2018