Thursday, May 21, 2026
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Tag: remittances

Remittances rose 3.5% to 3-month high of $2.9b in October, says BSP

Remittances in October climbed to a three-month high of $2.911 billion, an increase of 3.5 percent from $2.812 billion a year ago, as inflows...

Christmas from a distance: OFWs feel connected to home with WorldRemit

It’s beginning to look a lot like Christmas—with the incoming holiday rush of remittances from Overseas Filipino Workers (OFWs).According to the National Economic and...

Economist sees peso gaining more strength vs dollar

The peso is expected to appreciate further against the US dollar in the coming days amid the seasonal surge in remittances during the holiday...

Remittances to low-income countries ease

Washington—Cash transfers to low- and middle-income countries eased this year, with rising prices taking a toll on migrants’ incomes, the World Bank said Wednesday. Remittances...

Ople expects OFW remittances to post a sharp increase in Q1

The Department of Migrant Workers (DMW) said it is expecting remittances from overseas Filipino workers (OFWs) to record a sharp increase by the first...

Remittances to fuel real estate growth in 2023

Real estate, one of the industries hardly hit by the global contagion, is seen to bounce back in 2023, as remittances from overseas Filipino...

Peso expected to sustain rally against US dollar

The Philippine peso is expected to sustain its rally against the US dollar in the coming weeks on expected increase in remittances and higher...

Sendwave, GCash team up for digital money transfer

Sendwave teamed up with mobile wallet GCash to allow Filipinos around the world to send money to their loved ones in the Philippines with...

Economist expects BOP to sustain recovery in Q4

The country’s balance of payments will likely further improve in November and December on higher seasonal inflows of remittances and business process outsourcing revenues,...

Families worldwide spend 156% of monthly income during Christmas – WorldRemit Data

Across 23 countries observed, the average spend across food, gifts and decor will cost 156% of household incomes Cameroon, Lebanon, and Rwanda will spend the...

September remittances increased 3.8% to $2.84b

Remittances rose for the 20th straight month, as global economies that host Filipino overseas workers further reopened, resulting in sustained inflows ahead of the...

How the weaker peso is affecting remittances—and three ways Filipinos can take advantage

In 2022, the value of the Philippine peso has significantly depreciated due to various factors including the high US Dollar value, rise in global...

August remittances grew 4.3% to $2.72b, supporting recovery

Remittances grew 4.3 percent in August to $2.72 billion from $2.61 billion a year ago, supporting the economic recovery and helping stabilize the country’s...

How OFWs can save money amidst inflation

Today, around 1.77 million Overseas Filipino Workers (OFWs) support dependents back home while making a living abroad. While many OFWs shoulder this additional financial...
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