The Philippine Fisheries Development Authority (PFDA) will remit P128.4 million to the Treasury for 2023 pay-out in response to the Department of Finance’s (DOF)...
Bank of Commerce (BankCom), a subsidiary of conglomerate San Miguel Corp. (SMC),expects a larger market potential for its “SIKAPPINOY Asenso” all-in-one remittance, saving, and...
Remittances remain resilient and continue to be a major engine of economic growth despite the return of about half a million overseas Filipino workers...
Remittances reached a six-month high in June, driven partly by higher inflation that required the sending of more money by Filipinos working overseas to...
Global inflation and peso depreciation against the US dollar may affect the sustained growth of remittances in the Philippines, BMI, a unit of Fitch...
Remittances rose for the 28th straight month, supporting the growth of household spending and the general economy amid the elevated inflation, data from the...
The peso strengthened to a three-month high against the US dollar, amid the seasonal increase in remittances for tuition payments and other school-related expenses.
The...