remittances Archives - Page 8 of 13

Lower remittance cut GDP growth in 2nd quarter – IMF

The significant decline in remittances at the height of the COVID-19 pandemic contributed to the sharp contraction of the gross domestic product in the...

OFW remittances dropped 4.2 percent in August

Cash remittances from Filipinos working overseas declined by 4.1 percent in August to $2.483 billion from $2.589 billion in the same month last year...

Remittances increased 7.8% in July – BSP

Money sent home by Filipinos working overseas rose for a second straight month, growing by 7.8 percent in July to $2.783 billion from $2.581...

Peso breaches 48-a-dollar level

The peso pierced through the 48-per-dollar boundary on Tuesday, its strongest showing in 45 months, on continued weak imports amid the onslaught of the...

Remittances sank 19.3% in May

Money sent home by Filipinos working overseas sank 19.3 percent in May from a year ago, the biggest contraction in almost two decades amid...

Remittances tumbled to 4-year low in April

Money sent home by Filipinos working overseas tumbled 16.2 percent in April from a year ago, as many countries imposed border restrictions and sent...

March remittances fell 4.7% to $2.4b

Remittances fell 4.7 percent in March to $2.397 billion from $2.514 billion a year ago, the first decline in nine months, as the deployment...

COVID-19’s impact on remittances seen temporary

Bangko Sentral ng Pilipinas Governor Benjamin Diokno expressed optimism that remittances will recover from the adverse impact of the COVID-19 pandemic. Diokno said in a...

OFW remittances may decline by 6.9% – ING

Remittances will likely decline 6.9 percent this year, the first contraction in the past 19 years, due to the impact of the COVID-19 pandemic...

RCBC economist sees possible contraction of workers’ remittances this year

Remittances from overseas Filipino workers could possibly post close to a flat growth or even contract this year due to the global COVID-19 pandemic,...

PNB opts to waive fees on remittances

The country’s fifth largest lender, Philippine National Bank, is waiving the remittance fees for various channels until May 8, 2020. The waiver applies to...

Remittances increased by 6.6% to $2.6B in January

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BSP: September remittances rose by 6.3% to $2.4b

Money sent home by Filipinos working overseas in September this year rose 6.3 percent to $2.4 billion from $2.23 billion a year ago, despite...

Remittances climbed 7.5% to $2.6 billion in July–BSP report

Money sent home by Filipinos working overseas climbed 7.5 percent in July to $2.6 billion from $2.4 billion a year ago. This was the fastest...

Tag: remittances

Lower remittance cut GDP growth in 2nd quarter – IMF

OFW remittances dropped 4.2 percent in August

Remittances increased 7.8% in July – BSP

Peso breaches 48-a-dollar level

Remittances sank 19.3% in May

Remittances tumbled to 4-year low in April

March remittances fell 4.7% to $2.4b

COVID-19’s impact on remittances seen temporary

OFW remittances may decline by 6.9% – ING

RCBC economist sees possible contraction of workers’ remittances this year

PNB opts to waive fees on remittances

Remittances increased by 6.6% to $2.6B in January

BSP: September remittances rose by 6.3% to $2.4b

Remittances climbed 7.5% to $2.6 billion in July–BSP report

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