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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.....»»
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.....»»
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 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.....»»
China rebukes US deployment of missiles in Indo-Pacific
Beijing officials are decrying the deployment of U.S. medium-range missiles in the Asia-Pacific region for the first time since the Cold War.China's Foreign Ministry spokesman Lin Jian, at a regular press briefing Thursday, said China 'expresses grave concern" and 'strongly opposes the U.S. ... strengthening forward deployment at China's doorstep to seek unilateral military advantage.'The U.S. military on.....»»
Russia responds to new US missile deployment in Asia
The deployment of American intermediate-range missiles in the Philippines is another blow to global stability, Russian Ambassador to Washington Anatoly Antonov has saidUS deployment of intermediate-range missiles in the Philippines is another step by Washington towards escalating military confrontation in the Asia-Pacific, Russian ambassador to Washington Anatoly Antonov has said.Last wee.....»»
Brother of slain OFW Jullebee Ranara says Kuwaiti law too lenient on killer
The appellate court in Kuwait upholds the 16-year prison sentence for the teenager who killed Ranara, a Filipino domestic worker.....»»
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......»»
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.....»»
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......»»
1 ka OFW, laing 6 sud sa drug den, nasikop
1 ka OFW, laing 6 sud sa drug den, nasikop.....»»
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 […].....»»
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......»»