OFW remittances rise to $3.17 billion in October 2025
Cash remittances from overseas Filipino workers (OFWs) reached $3.17 billion in October 2025, slightly up from September’s $3.12 billion, the Bangko Sentral ng…
· 2 min read
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Cash remittances from overseas Filipino workers (OFWs) reached $3.17 billion in October 2025, slightly up from September’s $3.12 billion, the Bangko Sentral ng…
· 2 min read
The spike in surplus was attributed by the BSP to increasing remittances by overseas Filipino workers, gains from business process outsourcing exports,…
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The Philippines booked a $706 million balance of payments (BOP) surplus in October 2025, reflecting stronger inflows and an improving external position, the…
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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.…
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Cash remittances sent home by overseas Filipino workers rose 3.7 percent to US$3.12 billion in September 2025, up from US$3.01 billion a year earlier,…
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The maritime and manning industries of the Philippines contributed P1.06 trillion to the national economy last year, according to a study by the University of…
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The Bangko Sentral ng Pilipinas (BSP) expects the country’s Balance of Payments (BoP) to remain in deficit over the next two years as global uncertainties and…
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The central bank said the August surplus was mainly due to its net income from investments abroad. This trimmed the year-to-date deficit to $5.4 billion from…
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Investment promotions agencies, Philippine Economic Zone Authority (PEZA), and Bases Conversion and Development Authority (BCDA) were among the top-performing…
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The offer price of P10.42 per share is on an all-cash basis and carries a 19.33 percent premium over the stock’s one-year volume-weighted average price.
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Cash remittances from overseas Filipinos (OFs) reached US$3.18 billion in July, up 3 percent from the US$3.08 billion recorded in the same month last year, the…
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Cash sent home by overseas Filipino workers (OFWs) surged to a six-month high in June, rising 3.7 percent year-on-year to $2.987 billion, buoyed by seasonal…
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Overseas Filipino Workers (OFW) cash remittances in May rose 2.9 percent year-on-year to $2.658 billion, according to Michael Ricafort, chief economist at…
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Analysts said monthly transfers, which have been a major driver in keeping the economy at a steady pace, will take a direct hit.
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Perhaps the most harrowing story was that of Cristy Lavador, an OFW in Lebanon who endured the trauma of hearing bombs and warplanes. At the same time, her…
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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…
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Coins.ph is preparing to ramp up production of stablecoins, which are digitalized money used to deliver remittances from overseas Filipinos.
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With heightened tariffs on Chinese goods, the Philippines is positioned precariously as a trade intermediary. Filipino exporters will find themselves in a…
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