Remittances Up 5.2% in April

Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) increased by 5.2 percent year-on-year to $2.1 billion in April 2014. On a cumulative basis, personal remittances rose by 6.2 percent reach $8.2 billion in January – April 2014 relative to the same period last year, according to the Bangko Sentral ng Pilipinas. The sustained […]
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Personal Remittances Up by 9.5% in November 2013

Manila–(PHStocks)–Bangko Sentral ng Pilipinas (BSP)–Personal remittances from overseas Filipinos (OFs) rose by 9.5 percent year-on-year in November 2013 to reach the highest level to date of $2.286 billion. This marks the eighth consecutive month in 2013 that personal remittances breached the $2 billion mark, according to Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. […]
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OF Remittances Reach $18.8B in 2010

Cumulative remittances from overseas Filipinos (OF) coursed through banks were more robust than expected in 2010, rising 8.2% year-on-year to $18.8 billion, according to Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. The 2010 level slightly exceeded the BSP’s forecast of  $18.7 billion remittances, or an 8% year-on-year growth for the year. Remittances […]
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OFW Remittances Reached $1.6B in November

Remittances from overseas Filipino workers (OFWs) coursed through banks surged by 10.5% year-on-year to reach $1.6 billion in November 2010, according to Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. This was the second highest double-digit monthly increment recorded during the year. The strong remittance flows from both sea-based and land-based workers since the […]
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