Thursday, May 21, 2026
Today's Print

Tag: remittances

Remittances grew 2.3% to $2.92b in July

Remittances rose 2.3 percent in July to $2.92 billion from $2.85 billion a year ago on sustained demand for Filipino workers abroad as global...

Pag-IBIG Fund proposes penalty condonation plan

Top executives of Pag-IBIG Fund asked employers with unremitted contributions for their employees to avail of the agency’s penalty condonation program and settle their...

Remittances climbed 2.9% to $15.35b in first 6 months

Remittances grew 2.9 percent in the first half to $15.347 billion from $14.918 billion a year ago, on sustained demand for Filipino workers overseas,...

Villar bill shields OFW money vs malpractices

Senator Cynthia Villar eyes stronger state protection for the hard-earned money of overseas Filipino workers who send it to their respective families in the...

Remittances offer crucial support amid rising prices, weakening economy

On a global scale, inflation has been influenced by multiple factors such as the COVID-19 pandemic, fuel price increases, and the ongoing conflict between...

Economist expects remittances to sustain growth as more countries that host OFWs recover from crisis

Remittances are expected to improve in the coming months as global economies continue to recover from the health crisis, an economist said over the...

International remittances fuel education and learning in PH

Data shows education is one of the primary reasons immigrants and overseas foreign workers (OFWs) send money back to the Philippines. Because of the high...

Remittances grew 3.9% to $2.39b in April — BSP

Remittances climbed 3.9 percent in April from a year ago, the fastest expansion in five months, on the sustained deployment of Filipino workers overseas...

Remittances rose by 3.2% to $2.59b in March—fastest pace in 3 months

Remittances grew 3.2 percent in March, its fastest pace this year following a slowdown in February triggered by the re-imposition of restrictions here and...

Resumed OFW deployment spikes remittances

According to the Overseas Workers Welfare Administration, the number of overseas Filipino workers repatriated due to COVID-19 reached 809,373 last year, as of November...

January remittances grew 2.5% to $2.67b — BSP data

Money sent home by Filipinos working overseas grew 2.5 percent in January to $2.668 billion from $2.603 billion a year ago, data from the...

Cash remittances rose 5.1% to hit record $31.42b in 2022

Remittances from Filipinos working overseas hit a record $31.418 billion in 2021, up 5.1 percent from $29.903 billion in 2020, on sustained demand for...

Remittance data shows COVID-19 sparked increase in money sent globally

Spending on education and medical expenses increase as pandemic continues at global scale● 41% of respondents send money to the Philippines several times a...

Executive sees five trends in digital remittance for 2022

After the resurgence of COVID-19 cases and mobility restrictions in the Philippines, all eyes are now on what 2022 will bring to the millions...
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