News Articles on {?keyword?} | ABS-CBN News

Cash remittances up 5.1 percent in August

ABS-CBN News
Posted at Oct 15 11:56 AM

Cash remittances from overseas Filipinos coursed through banks rose in August, the Bangko Sentral said Friday. Read more »

Remittances seen to grow 6 percent in 2021

Warren De Guzman, ABS-CBN News
Posted at Sep 17 05:44 PM

Remittances from Overseas Filipinos are expected to hit a 6-percent growth rate this year due to the lessening impact of the COVID-19 pandemic before slowing down to 4 percent in 2022, the Bangko Sentral ng Pilipinas said Friday. Read more »

Remittances seen to grow 5 pct this year: WorldRemit PH

ABS-CBN News
Posted at Sep 17 11:05 AM

Remittances are likely to grow by 5 percent this year despite the pandemic due to continued increase in key market sources and a rebound in some nations, WorldRemit PH country director Earl Melivo told ANC. Read more »

Cash remittances up 2.5 percent in July

ABS-CBN News
Posted at Sep 15 03:22 PM

Cash remittances from overseas Filipinos reached $2.853 billion in July, data from the Bangko Sentral ng Pilipinas released Wednesday showed. Read more »

Cash remittances up 7 pct at $2.6 billion in June: BSP

ABS-CBN News
Posted at Aug 16 02:36 PM

Cash remittances from overseas Filipinos coursed through banks rose by 7 percent to $2.638 billion in June compared to the $2.465 billion in the same month last year, the Bangko Sentral ng Pilipinas said Monday. Read more »

Peso remains stable despite recent depreciation: BSP

ABS-CBN News
Posted at Jul 29 05:41 PM

The Philippine peso remains stable despite its recent weakness against the US dollar, Bangko Sentral ng Pilipinas said Thursday.  Read more »

Cash remittances up 13 percent to $2.38 billion in May

ABS-CBN News
Posted at Jul 13 05:32 PM

Cash remittances from overseas Filipinos coursed through banks rose in May, the Bangko Sentral ng Pilipinas said Tuesday. Read more »

Cash remittances up 12.7 percent in April; personal remittances 'higher' than pre-pandemic level

ABS-CBN News
Posted at Jun 15 05:10 PM

Cash remittances from overseas Filipinos coursed through banks rose in April due to the increased contributions by land-based and sea-based workers, the Bangko Sentral ng Pilipinas said Tuesday.  Read more »

Nomura sees remittances growing 5.1 percent this year

ABS-CBN News
Posted at May 18 04:30 PM

Remittances from overseas Filipinos may grow 5.1 percent this year after declining 0.8 percent in 2020, according to international financial services company Nomura.    Read more »

Cash remittances hit $2.5 billion in March, up 4.9 percent

ABS-CBN News
Posted at May 17 04:17 PM

Cash remittances from overseas Filipinos rose 4.9 percent to $2.514 billion in March, from $2.397 billion in the same month last year, the Bangko Sentral ng Pilipinas said on Monday. Read more »

Cash remittances expand in February: Bangko Sentral

ABS-CBN News
Posted at Apr 15 11:35 AM

Cash remittances from overseas Filipinos coursed through banks rose in February, the Bangko Sentral ng Pilipinas said Thursday.   Read more »

Dissecting Data: Remittances defy bleak forecasts but still fall in 2020

Warren de Guzman and Edson Guido, ABS-CBN News
Posted at Feb 16 04:23 PM

Remittances remained surprisingly resilient in 2020 but still declined for the first time since 2001 due to the disruptions caused by the COVID-19 pandemic.  Read more »

Decline in cash remittances not as steep as forecast: BSP

ABS-CBN News
Posted at Feb 15 05:38 PM

For the whole of 2020, cash remittances amounted to$29.9 billion, lower by 0.8 percent than the $30.133 billion registered in 2019, the BSP said.    Read more »

Cash remittances hit $2.38 billion in November, up 0.3 percent

ABS-CBN News
Posted at Jan 14 05:57 PM

Cash remittances from overseas Filipinos rose 0.3 percent to $2.379 billion in November last year, the Bangko Sentral ng Pilipinas said on Thursday.    Read more »

Remittance resurgence a tonic but no cure for sickly emerging economies

Tom Arnold, Reuters
Posted at Dec 22 09:31 AM

Larger-than-expected money transfers from migrants overseas have provided a tonic for several sickly economies during the coronavirus crisis, but the outlook for such flows remains fraught with uncertainty even as vaccines are rolled out. Read more »

80,000 more OFWs expected to return home in 1st half of 2021 due to pandemic: official

ABS-CBN News
Posted at Dec 17 06:03 PM

Some 80,000 more Filipino migrant workers are expected to return to the Philippines in the first half of next year, the Overseas Workers Welfare Administration said on Thursday.   Read more »

Cash remittances up 2.9 percent in October

ABS-CBN News
Posted at Dec 16 10:58 AM

Cash remittances from overseas Filipinos hit $2.747 billion in October, up 2.9 percent compared to the same month last year, the Bangko Sentral said.    Read more »

Over 300,000 OFWs repatriated due to pandemic: DFA

ABS-CBN News
Posted at Dec 14 01:55 AM

Over 300,000 overseas Filipino workers have so far been repatriated this year due to the COVID-19 pandemic, the Department of Foreign Affairs said on Sunday.  Read more »

Remittances defy bleak forecasts, may still grow this year despite pandemic: industry player

Art Fuentes, ABS-CBN News
Posted at Dec 03 05:05 PM

WorldRemit said that despite bleak projections months ago, remittances have been actually rising in the last few months. Read more »

Cash remittances grow 9.3 pct to $2.6 billion in Sept

ABS-CBN News
Posted at Nov 16 01:52 PM

Cash remittances from overseas Filipinos hit $2.6 billion in September which was 9.3 percent higher compared to the same month last year, the Bangko Sentral said on Monday.    Read more »