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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.....»»
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.....»»
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.....»»
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......»»
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 […].....»»
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......»»
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......»»
National University isn’t done winning
National University won only two volleyball titles in the UAAP’s first 74 seasons, both in the women’s divisions. In the last decade, NU had quadrupled that tally with eight plums in a tremendous rise as a power......»»
Once volleyball paupers, NU takes pride in having the sport’s best program in Philippines
National University won only two volleyball titles in the UAAP’s first 74 seasons, both from the women’s divisions. In the last decade, NU already quadrupled that tally with eight titles in both tournaments......»»
CVIRAA 2024: Cebu City Niños surpasses 2023 gold medal haul to remain overall champs
CEBU CITY, Philippines —The Cebu City Niños delivered a dominant performance throughout the week-long Central Visayas Regional Athletic Association (CVIRAA), surpassing their 2023 gold medal tally as the event concluded on Thursday, May 9. The Niños amassed a total of 118 gold medals, exceeding the 110 gold medals they earned in the CVIRAA 2023 held.....»»
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......»»
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......»»
GSIS income rises to P37 billion in January-March
The Government Service Insurance System saw its net income jump by 20 percent to hit P37 billion during the first quarter on the back of strong revenues from financial assets and investments......»»
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.....»»