The Philippines has long been recognized for its robust remittance inflows, with data from the Bangko Sentral ng Pilipinas (BSP) highlighting a steady growth in cash remittances sent by our OFWs. In 2023, these remittances reached $33.5 billion, marking a 2.9-percent increase from the previous year. While this is undoubtedly…
AMID the steady growth of the country’s remittances, a migration expert called for structural reforms that would allow the Philippines to chart a new employment path for Filipinos. Data from the Bangko Sentral ng Pilipinas (BSP) showed cash remittances sent by Filipinos overseas reached $33.5 billion in 2023, a 2.9-percent…
THE steady growth of remittances is expected to continue and indicates that Overseas Filipino Workers (OFWs) may have already recovered from the pandemic. Data from the Bangko Sentral ng Pilipinas (BSP) showed that cash remittances grew 2.8 percent to $2.7 billion in November 2023 from $2.6 billion in the same…
Remittances slid to six-month low in November 2023 inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.