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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

OFW continues tradition of Visita Iglesia in Las Vegas

CEBU CITY, Philippines – OFW Patrick Salinas shows that even from 7,000 miles away, people can still observe the Filipino Holy Week tradition of Visita Iglesia. Overseas Filipino Worker (OFW) and J1 teacher Patrick Salinas, who is based in Las Vegas, Nevada, shares how he spent his Maundy Thursday by continuing his family’s Holy Week.....»»

Category: newsSource:  inquirerRelated NewsMar 29th, 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

Mga OFW sa death row pinasasalba habang Ramadan

Dapat isulong ng gobyerno ang pagsalba sa mga overseas Filipino worker na nasa death row dahil tuwing Ramadan isinasaisip ng mga Muslim ang pagpapatawad sa nagkasala, ayon sa isang kongresista. The post Mga OFW sa death row pinasasalba habang Ramadan first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 2nd, 2024

DMW sets April 15 deadline for kin of deceased Saudi OFW wage claimants

DMW sets April 15 deadline for kin of deceased Saudi OFW wage claimants.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

More OFW lounges in Philippines airports sought

The administration of President Marcos is determined to give back, through comfortable lounges, to overseas Filipino workers by “institutionalizing” 24/7 free OFW lounges in all international airports in the country, a senior administration lawmaker said......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

1 ka OFW, laing 6 sud sa drug den, nasikop

1 ka OFW, laing 6 sud sa drug den, nasikop.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

Romualdez inspects OFW lounge to ensure convenience

HOUSE Speaker Ferdinand Martin Romualdez personally checked on the condition of the Overseas Filipino Worker (OFW) Lounge at the NAIA Terminal 1 to ensure that once opened for the OFWs, it will offer to them the kind of amenities and convenience that paying air passengers enjoy. Romualdez said the use of the new lounge will […].....»»

Category: newsSource:  journalRelated NewsJan 14th, 2024

Thousands of global leaders gathered in South Korea for building institutional peace

More than 1,800 people from 121 countries, including the United States, the Philippines, Ukraine, South Africa, Pakistan, Thailand, Romania, and India, attended the 9th Anniversary of the September 18th HWPL World Peace Summit held in Incheon, South Korea from September 18th to 21st......»»

Category: sportsSource:  abscbnRelated NewsMar 12th, 2024

High rice prices to persist until September – DA

Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Manila International Book Fair 2024 set for September

The Manila International Book Fair will be holding its 2024 edition from September 11 to 15......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

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. .....»»

Category: financeSource:  philstarRelated NewsApr 9th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024