An economist said the gross international reserves will remain strong amid the sustained remittances inflows, revenues from the business process outsourcing industry and the...
Overseas Filipino Workers (OFWs) are modern-day heroes because of their sacrifices to provide for their families. Their efforts also boost the local economy through...
Remittances posted its slowest growth in seven months amid the slowdown in global economic activities and the risk of recession in the United States.
Data...
Remittances continued to rise in 2023, following a 3.6-percent growth in 2022 that supported the recovery of the economy.
The Bangko Sentral ng Pilipinas said...
Remittances grew 3.6 percent in 2022 to a record $32.54 billion from $31.42 billion in 2021 on sustained demand for skilled Filipino workers overseas...
For generations, the social value of remittances has been synonymous to providing care for those Filipinos left behind. A recent report showed that remittances...
For many Filipinos, 2023 is a new year faced with the same economic challenges as 2022.
Continuous inflation has unfortunately made many Filipinos familiar...
Cash remittances grew 5.7 percent in November to $2.64 billion from $2.50 billion a year ago, on sustained deployment of Filipino workers overseas amid...
