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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.....»»
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.....»»
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.....»»
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.....»»
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......»»
Contained
When Hamas militants launched that murderous Oct. 7 raid on Israeli settlements, the strategy was to escalate confrontation enough to bring regional and global forces into play, possibly forcing the extinction of the Jewish state......»»
Why Israel must win the war against Hamas
Hamas’ ongoing aggression against Israel has reached a critical turning point following its vicious attack on Oct. 7, 2023......»»
Cebu lampposts case: SC clears DPWH execs, contractor of graft
The Supreme Court acquitted three former officials of the Department of Public Works and Highways (DPWH) and a private contractor of graft charges in relation to the installation of allegedly overpriced lampposts during the 2007 Association of Southeast Asian Nations (Asean) summit held in Cebu. In a 22-page decision promulgated on Oct. 11, 2023, but made public only.....»»
House to address Dwarfism
With all of the priority bills listed in the Legislative-Executive Development Advisory Council (LEDAC) over and done with, the House of Representatives has passed a bill declaring Oct. 25 every year as “National Dwarfism Awareness Day.”.....»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
UN to punish staffers involved in ‘terror,’ urges UNRWA funding — Guterres
NEW YORK (Reuters) -United Nations Secretary-General Antonio Guterres vowed on Sunday to hold to account “any U.N. employee involved in acts of terror” after allegations that some refugee agency staffers were involved in the Oct. 7 Hamas attacks on Israel. But Guterres implored governments to continue supporting the U.N. refugee agency for Palestinians (UNRWA) after.....»»
Filipina golfers slip as Fall hangs tough
Clariss Guce’s momentum from her stirring 65 Friday fizzled out as she struggled to maintain her form, ending up with a 73 and slipping further behind Dana Fall in the third round of the Carlisle Arizona Women’s Golf Classic in Scottsdale, Arizona Saturday (Sunday Manila time)......»»
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......»»