OFW cash remittances hit six-month high in June
OFW cash remittances rose 3.7% year-on-year to $2.99B in June 2025, the highest in six months, driven by school-related expenses and a stronger peso,…
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2,777 results for “OFW cash remittances” in 2025
OFW cash remittances rose 3.7% year-on-year to $2.99B in June 2025, the highest in six months, driven by school-related expenses and a stronger peso,…
Remittances for the first nine months of the year totaled $26.03 billion, a 3.2-percent increase from the $25.23 billion recorded in the same period in 2024.…
The United States remained the top source of cash remittances, with a 40 percent share, followed by Singapore, which accounted for 7 percent, and Saudi Arabia,…
‘The faster and continued single-digit year-on-year growth in OFW remittances is a bright spot for the overall economy as an important growth driver,…
OFW remittances rose to $3.17 billion in October, signaling steady growth and boosting consumer spending in the Philippines.
Cash remittances from OFWs rose 3.7% to US$3.12B in September 2025, bringing year-to-date inflows to US$26.03B, BSP reports, with the U.S. remaining the top…
Senator Joel Villanueva has filed the Overseas Filipino Workers Remittance Protection Act to cut remittance fees by half, aiming to boost the value of OFW…
The Department of Agriculture and the Department of Migrant Workers encouraged OFWs in Macao and Hong Kong to invest their remittances in agribusiness…
The ongoing conflict between Israel and Iran, now on its seventh day, has had no impact on overseas Filipino worker (OFW) remittances so far, Malacañang said…
Overseas Filipino workers (OFWs) sent $2.97 billion in remittances in April, up 4.1% from last year, marking the highest monthly level since December 2022. The…
The Philippine government readies financial education initiatives for OFWs amid a proposed 3.5% US tax on remittances, ensuring preparedness and protection for…
The Philippine government is preparing financial education initiatives for overseas Filipino workers after the U.S. House passed a bill that would impose a…
‘The Trump administration could tighten immigration rules in the US in an effort to create and protect more jobs for US citizens, which could potentially slow…
The move is to celebrate former President Rodrigo Duterte’s 80th birthday and protest his arrest and transfer to The Hague
Senate President Francis Escudero expressed his opposition to retaliating against Overseas Filipino Workers (OFWs) who support the proposed “zero remittance…
‘The Philippines has been the world’s biggest source of seafarers and nurses for many years. Remittances are still expected to similarly grow, going forward,…
Remittances from overseas Filipino workers hit a record $38.34 billion in 2024, up 3% from the previous year, driven by Christmas spending and a weaker peso.…
OFW remittances in 2024 hit a record $38.34 billion, up 3% from the previous year, with the US contributing 41% of the total. Discover the factors driving this…