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Philippines sees remittances rise 2.6 pct in March

MANILA, May 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3.05 billion U.S. dollars in March, recording a 2.6 percent growth year-on-year, the Philippine central bank said on Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances in the first quarter amounted to 9.15 billion dollars, 2.8 percent higher than the amount in the same period in 2023. The.....»»

Category: newsSource:  manilanewsRelated NewsMay 15th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsApr 15th, 2024

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......»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

‘Impact of Baltimore bridge collapse on Philippine exports minimal’

The collapse of the Baltimore bridge which led to the closure of the Port of Baltimore is expected to have minimal impact on the country’s exports, according to the Department of Trade and Industry.....»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

CTOO: Too early to tell lovers’ murder effect on city tourism

THE Davao City Tourism Operations Office (CTOO) says it is too early to presume the possible and direct effect on the tourism industry in the city of the recent bloody crime involving the deaths of real-life partners......»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

BSP Reports 2.6% Increase in Overseas Remittances

According to a recent report by the Bangko Sentral ng Pilipinas (BSP), personal remittances from Overseas Filipinos (OFs) saw a 2.6% rise in March 2024 compared to the same period last year. This year’s remittances surged from USD 2.97 billion in March 2023 to USD 3.05 billion, marking a 2.6% increase. BSP attributes this growth […].....»»

Category: newsSource:  metrocebuRelated NewsMay 16th, 2024

Higher GOCC remittances to help reduce debt – Marcos

Higher remittances from government-owned or controlled corporations will help cut the country’s borrowings and avoid the imposition of higher taxes, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 6th, 2024

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)......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Sibol exec wants improved conditions for women in esports

Esports has once been dubbed as a male-dominant industry, both in competitions and within top positions in different related organizations. Recent years have seen a shift in the role of women in the industry but like in traditional sports, the change is considered minimal, and more could be done......»»

Category: sportsSource:  philstarRelated NewsMar 25th, 2024

P15 daily minimum wage hike in Caraga to effect on May 1

P15 daily minimum wage hike in Caraga to effect on May 1.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

30 proposals received since PPP Code took effect

The government has received up to 30 unsolicited proposals since the Public-Private Partnership (PPP) Code took effect......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

SC: Quiboloy arrest warrant remains in effect

The arrest order issued by the Senate against Kingdom of Jesus Christ leader Apollo Quiboloy is still in effect as the Supreme Court has yet to decide on the petition of the preacher asking the SC to stop the enforcement of the arrest......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

LTO: AO on electric vehicles still not in effect

The Land Transportation Office (LTO) clarified yesterday that an administrative order (AO) it issued requiring licensed drivers and the registration of electric bicycles and tricycles that will be driven on all public roads nationwide is still not in effect pending its publication......»»

Category: newsSource:  philstarRelated NewsMar 16th, 2024

Arrest order vs Quiboloy in effect – House panel

The order for the arrest of Kingdom of Jesus Christ (KOLC) pastor Apollo Quiboloy for contempt is already in effect, according to the House committee on legislative franchises......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024