Topic page on {?keyword?} | ABS-CBN News

Dissecting Data: Cracks in PH economy

ABS-CBN News
Posted at Jul 19 06:40 PM

The economy slowed down for 2 straight years due to weaker consumption and a slowdown in remittances and the business process outsourcing sector, among others. Read more »

Cash remittances hit $2.6-B in May

ABS-CBN News
Updated as of Jul 15 06:03 PM

This brought cash remittances in the first 5 months of the year to $12.3 billion, 4.5 percent higher than in the same period in 2018.  Read more »

Cash remittances up 4 percent in April

ABS-CBN News
Posted at Jun 17 03:23 PM

Cash remittances from overseas Filipinos reached $2.4 billion in April, up 4 percent from the same month last year. Read more »

Cash remittances up 6.6 percent in March to $2.5B

ABS-CBN News
Posted at May 15 03:41 PM

This brought total cash remittances, or those coursed through banks, to $7.3 billion in the first 3 months of the year, up 4.2 percent from the first quarter of 2018, the BSP said. Read more »

PH books $627-M balance of payments surplus in March

ABS-CBN News
Posted at Apr 17 04:25 PM

The Philippines booked a balance of payments (BOP) surplus of $627 million in March 2019, the Bangko Sentral ng Pilipinas said Wednesday.  Read more »

Remittances from overseas Filipinos grow at slowest pace in February

ABS-CBN News
Posted at Apr 17 12:02 AM

While one economist believes the trend is not yet worrying, it highlights the need for the country to look for other drivers of growth. Read more »

'Paglago ng OFW remittances bumagal noong Pebrero'

ABS-CBN News
Posted at Apr 16 09:19 PM

Ayon sa datos ng BSP, bumagal sa 1.2 porsiyento ang paglago ng OFW remittances noong Pebrero.  Read more »

Remittances to developing world hit record in 2018: World Bank

Agence France-Presse
Posted at Apr 09 07:12 AM

Money transfers to poor and developing countries hit a fresh record in 2018 and should become their largest source of external financing this year, the World Bank said Monday.   Read more »

Dissecting data: Overseas Filipinos' remittances reach new record high

ABS-CBN News
Updated as of Feb 16 08:38 PM

Personal remittances from overseas Filipinos posted a new record of almost 3.2 billion dollars in December 2018. Read more »

Virtual exchange GOW sees 'real demand' from remittances

ABS-CBN News
Posted at Jan 24 04:53 PM

The demand comes from overseas Filipino workers who are burdened with remittance fees to send money back home. Read more »

Cash remittances up 2.8 percent in November

ABS-CBN News
Updated as of Jan 15 09:37 PM

Cash remittances from overseas Filipinos reached $2.3 billion in November last year, up 2.8 percent from the same month in 2017, the Bangko Sentral ng Pilipinas said Tuesday.  Read more »

Cash remittances up 8.7 pct in October: BSP

ABS-CBN News
Posted at Dec 17 05:21 PM

Cash remittances from overseas Filipinos hit $2.5 billion in October, up 8.7 percent compared to the same month last year, the Bangko Sentral ng Pilipinas said Monday.  Read more »

Dissecting Data: Can holiday remittances boost the peso?

ABS-CBN News
Updated as of Nov 02 03:55 PM

Can holiday remittances lift the peso, which has languished at its lowest levels in 12 years against the dollar? Read more »

Security Bank taps PisoPay.com for remittance service from Japan

ABS-CBN News
Posted at Oct 24 03:49 PM

Filipinos in Japan can send money back home through the Security Bank app or remittance centers, the Philippines' sixth largest lender said in a statement. Read more »

Cash remittances from overseas Filipinos down 0.9 pct in August: BSP

ABS-CBN News
Posted at Oct 15 06:49 PM

Cash remittances from overseas Filipinos reached $2.5 billion in August, lower by 0.9 percent compared to the same month last year, the central bank said Monday. Read more »

How weak peso, rising prices affect some OFW families

Karen Lema, Reuters
Posted at Sep 20 12:34 PM

Inflation, now at a nine-year high of 6.4 percent and running above the central bank's 2-4 percent target for the past six months, is eroding the purchasing power of Filipino consumers, the backbone of the Southeast Asian economy. Read more »

DTI hinikayat ang maagang paghahanda para sa Pasko

ABS-CBN News
Updated as of Sep 18 11:03 PM

Hinikayat ang publiko na magsimula nang mamili para sa mga ihahanda sa darating na Pasko dahil sa pinangangambahang pagtaas ng presyo ng mga bilihin.   Read more »

Cash remittances from overseas Filipinos up 5.2 pct in July: BSP

ABS-CBN News
Posted at Sep 17 05:10 PM

Cash remittances from overseas Filipinos grew 5.2 percent in July to $2.4 billion, according to the Bangko Sentral ng Pilipinas (BSP) data released Monday. Read more »

Ilang pamilya ng mga OFW, hirap mag-budget dahil sa mahal na bilihin

ABS-CBN News
Posted at Aug 19 08:05 PM

Dumadaing ang ilang pamilya ng mga overseas Filipino worker dahil hindi na sapat ang mga padala dahil sa mahal ng mga bilihin. Read more »

'Repatriation of OFWs affects remittance flows'

ABS-CBN News
Posted at Aug 17 12:58 AM

The slowing remittances from Filipinos overseas may not pick up any time soon, as some overseas Filipino workers repatriated from the Middle East don't have any more plans to go back abroad.  Read more »