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...
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...
The Department of Migrant Workers (DMW) said it is expecting remittances from overseas Filipino workers (OFWs) to record a sharp increase by the first...
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,...
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...
Remittances rose for the 20th straight month, as global economies that host Filipino overseas workers further reopened, resulting in sustained inflows ahead of the...
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...
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...