January to April 2017 Remittances Reach $10B

Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from Overseas Filipinos (OFs) amounted to $10 billion for January to April 2017, registering 4.7 percent year-on-year growth, BSP Governor Amando M. Tetangco, Jr. announced today. Personal remittances from land-based workers with work contracts of one year or more aggregated $7.8 billion while those from sea-based and land-based workers […]
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Personal Remittances Increase to $2.6B in September 2016; 9M 2016 Level Reaches $22.1B

Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) totaled US$2.6 billion in September 2016, increasing by 6.3 percent year-on-year. On a cumulative basis, personal remittances in the first nine months of 2016 reached US$22.1 billion, higher by 4.7 percent than the level recorded in the same period last year, Bangko Sentral ng Pilipinas […]
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Remittances Up by 5.5% in May 2015

Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) rose by 5.5 percent year-on-year to US$2.3 billion in May 2015, according to Bangko Sentral ng Pilipinas (BSP) governor Amando M. Tetangco Jr. This is higher than the 4.9 percent growth recorded during the previous month. On a cumulative basis, personal remittances for January-May 2015 reached US$11 […]
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Jan-Feb 2015 Remittances Reach $4.1B

Manila–(PHStocks)–Personal remittances from overseas Filipinos (OFs) amounted to $2.1 billion in February 2015, an increase of 4 percent compared to the same period in 2014. As a result, remittance inflows for the first two months of the year reached $4.1 billion, posting a year-on-year growth of 2.1 percent, said Bangko Sentral ng Pilipinas Officer-in-Charge Nestor […]
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Consumer Confidence Improves in 1Q2015 on Lower Oil Prices, Higher Household Income

Manila—(PHStocks)—Consumer sentiment improved in Q1 2015 as the overall confidence index (CI) increased to -10 percent from -21.8 percent in Q4 2014, according to Bangko Sentral ng Pilipinas (BSP). The higher (but still negative) CI in Q1 2015 means that the number of households with an optimistic outlook increased but they continued to be outnumbered […]
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Remittances for 9M14 Up 6.7% YoY to $19.6B

Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) amounted to $2.3 billion in September 2014, rising by 8.1 percent relative to the comparable period last year. On a cumulative basis, personal remittances for the period January–September 2014 reached $19.6 billion, representing a 6.7 percent year-on-year growth, Bangko Sentral ng Pilipinas Governor Amando M. […]
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OFW Remittances Up 7.2% in August

Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—Personal remittances from overseas Filipinos (OFs) continued to rise in August 2014, posting 7.2 percent growth year-on-year to reach $2.3 billion. This brought personal remittances for the first eight months of 2014 to $17.2 billion, higher by 6.5 percent relative to the year-ago level, according to the Bangko Sentral ng Pilipinas. […]
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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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