Monday, May 4, 2026
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Tag: OFW remittances

ADB trims Philippine 2026 growth forecast to 4.4% on Middle East conflict risks

The Asian Development Bank (ADB) trimmed its 2026 economic growth outlook for the Philippines to 4.4 percent from 5.3 percent as heightened risks from...

OFW remittances sustained growth in January—BSP

Filipinos working overseas sent $3.02 billion in cash remittances back to the Philippines in January 2026, up 3.5 percent from a year earlier amid...

Philippines 2025 balance of payments shifts to $5.66 billion deficit

The Philippines recorded a $5.66-billion balance of payments deficit in 2025 as softer financial account inflows outweighed improvements in the country’s trade performance, the...

Repatriation of OFWs stalls due to travel disruption

PRESIDENT Ferdinand Marcos Jr. on Tuesday said more than 1,400 Filipinos in multiple Middle East countries have requested repatriation as fighting between Israel and...

Economist forecasts Philippine GDP growth of 5.1% in 2025

A senior economist from the University of Asia and the Pacific (UA&P) expects the Philippine economy to grow by 5.1 percent year-on-year in 2025,...

Peso dip ‘momentary,’ may rebound by year-end, says solon

The recent depreciation of the Philippine peso is a "momentary" fluctuation led by seasonal demand and supply factors, according to a lawmaker and veteran...

GDP growth seen slowing to 5.2% in Q3, says UA&P

Economists at the University of Asia and the Pacific (UA&P) see the Philippine economy’s growth to slow in the third quarter of 2025 following...

Metro Manila condo inventory falls to 31 months as buyer activity rises

The Metro Manila residential property market showed signs of strengthening in the third quarter of 2025, with demand gaining traction and inventory levels trending...

Bills Payment

Stephanie-Ann Llaguno (center) has been working in Hong Kong for eight years and uses the TinBo app to directly pay bills of their Philippine...

Cash remittances up 4% in April 2025

Cash remittances from Filipinos working overseas rose 4.0 percent year-on-year in April 2025, the Bangko Sentral ng Pilipinas (BSP) said Monday. Data from the central...

Societal fixture

One hundred forty-three Filipinos convicted of various crimes in the United Arab Emirates were pardoned by United Arab Emirates President Sheikh Mohamed bin Zayed....

Declining US inflation to boost peso – economist 

The easing of inflation in the United States, the world’s largest economy, is a positive development for global financial markets that could boost the...

The challenge of having more

The continuous growth of the business process outsourcing industry in the Philippines creates millions of direct and indirect jobs for the people. This results...
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