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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

Remittances soar to P33.5 billion in 2023 – BSP

MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 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

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 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

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

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

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

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

Pertussis cases in CL climb to 138 -- DOH

Pertussis cases in CL climb to 138 -- DOH.....»»

Category: newsSource:  sunstarRelated News13 hr. 20 min. ago

GOCC dividends surge to P88.6B - The Manila Times

DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 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

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

NEDA cuts PHL additional rice import for 2016 by 25%

By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government will reduce by roughly one-fourth its planned additional volume of rice imports for the first semester of 2016 meant to boost........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Remittances grow at slowest pace in eight months

Dollars sent home by overseas Filipino workers climbed by 2.6 percent to a two-month high in March, although it was the slowest growth pace in eight months, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

Trump tried to corrupt 2016 election

Trump tried to corrupt 2016 election.....»»

Category: sportsSource:  abscbnRelated NewsApr 23rd, 2024

Villanueva returns to US for fight vs Pierce

CEBU CITY, Philippines — Veteran ring warrior Arthur Villanueva returned to the United States after eight years as he takes on Elijah Pierce on March 29 in Atlantic City, Georgia. Villanueva, an ex-ALA Boxing Gym stalwart, will return to the United States for the first time since 2016. The 35-year-old Villanueva of Bago City, Negros.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Remittances up by 2.6% in March — BSP

The Bangko Sentral ng Pilipinas attributed the increase in personal remittances to the inputs of land-based workers with work contracts of one year or more and sea- and land-based workers with work contracts of less than one year......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

Ecozone investments slip by 9% in 4 months

Total investments approved by the Philippine Economic Zone Authority reached nearly P30 billion in the first four months of 2024, a nine percent decline from P33.094 billion worth of projects cleared in the same period last year......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024