Remittances Increased by 10.8% in January

Strong growth was steadily recorded for remittances in January. Personal remittances from land-based workers recorded $2.65 billion, while cash remittances booked $1.9 billion. The sum of money remitted by sea-based workers hiked to $500 million.

Remittances Surpassed Target Growth to 31.3 Billion Dollars in 2017

As the amount of money sent by the Filipino workers abroad continues to grow, remittances surpassed the target growth hitting 31.3 billion dollars in 2017.

Remittances Wouldn’t Be Affected by the Ban Deployment to Kuwait

Despite the ban deployment to Kuwait, BSP declared a rise in remittances. It will still be the greatest source of Philippine foreign exchange.

Member Login

Forgot Password?

Join Us!

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.