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Cash remittances drop in May due to repatriation, limited bank operations

ABS-CBN News
Posted at Aug 03 11:32 AM

Cash remittances from overseas Filipinos dropped in May due to limited bank operations and repatriation of overseas workers due to the coronavirus pandemic, the Bangko Sentral ng Pilipinas said Monday. Read more »

Cebuana Lhuillier offers web and app-based remittance service

ABS-CBN News
Updated as of Jul 13 11:27 AM

Cebuana Lhuillier on Thursday said it has launched a new service that allows clients to send money using its website and its app as financial transactions shift to digital amid the COVID-19 pandemic.  Read more »

Remittances ng mga OFW ngayong taon, posibleng bumaba ayon sa BSP

Joyce Balancio, ABS-CBN News
Posted at Jul 06 11:40 PM

Maaaring bumaba nang hanggang 5 porsyento ang remittances ng mga overseas Filipino workers ayon sa Bangko Sentral ng Pilipinas. Read more »

Philippines should 'export' more doctors, nurses, computer specialists says BSP

ABS-CBN News
Updated as of Jul 06 03:30 PM

The Philippines should take advantage of its young workforce to harness and "export" more professionals in the future, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Monday.  Read more »

OFW remittances posibleng bumagsak dahil sa COVID-19 pandemic: eksperto

ABS-CBN News
Posted at May 28 08:29 PM

Pinangangambahan ng ekonomista na babagsak ang remittances ng mga overseas Filipino workers ngayong taon matapos mawalan ang iilan sa kanila ng trabaho at magbalik-Pinas dala ng COVID-19 pandemic.  Read more »

Cash remittances up 4.6 percent in Jan-Feb: Bangko Sentral

ABS-CBN News
Posted at May 15 01:35 PM

Cash remittances for the January to February period reached $5 billion (P253 billion) from $4.8 billion in the same comparable period last year, the BSP said. Total cash remittance for February is $2.36 billion from $2.3 billion last year, it said.  Read more »

THE DAY IN PHOTOS: March 25, 2020

ABS-CBN News
Posted at Mar 26 12:44 AM

Here are the big stories today in photos. Read more »

Waiting for remittance

Jimmy Domingo, ABS-CBN News
Posted at Mar 25 05:52 PM

People fall in line as they wait for a money remittance center to open in Sauyo, Quezon City on Wednesday, while the whole of Luzon island remains under enhanced community quarantine. Read more »

Remittance centers, pawnshops dinagsa sa pagsisimula ng Luzon quarantine

ABS-CBN News
Posted at Mar 17 04:44 PM

Dumagsa ngayong Martes ang mga taong nagpapadala at naghihintay ng padala sa mga money remittance center at pawnshop kasunod ng pagpapatupad ng enhanced community quarantine sa buong Luzon.   Read more »

WOMEN'S DAY: Filipino female workers in Hong Kong send remittance home

Jan Yumul, ABS-CBN News
Updated as of Mar 09 10:03 AM

Scene at #WorldWidePlaza in Central, Hong Kong today, March 8, 2020, where an overwhelming majority of women pack remittance centers to send money back home to the Philippines, as the world marks International Women's Day, amid a global #COVID19 scare. Read more »

Filipinos remitted $30 billion in cash in 2019, setting new record

ABS-CBN News
Updated as of Feb 17 03:17 PM

Cash from overseas Filipinos coursed through banks reached $30.1 billion, 4.1 percent compared to the $28.9 billion the previous year, the BSP said in a statement. Read more »

BSP working with dirty money watchdog on Westpac transactions

ABS-CBN News
Posted at Dec 19 01:56 PM

An initial report from one of the banks has been submitted, the Bangko Sentral ng Pilipinas said in a statement, without identifying the name of the institution.    Read more »

Babae inireklamo ng mga kapwa Pinay sa Taiwan dahil sa 'remittance scam'

ABS-CBN News
Posted at Dec 02 08:40 PM

Isang Pinay sa Taiwan ang inirereklamo ngayon ng 8 kapwa Pinay dahil sa umano ay remittance scam. Read more »

Cash remittances up 9 percent in Sept to $2.4 billion

ABS-CBN News
Posted at Nov 15 02:30 PM

Cash remittances by overseas Filipino workers reached $2.4 billion (P106 billion) in September 2019 from $2.2 billion in the same period last year, data from the Bangko Sentral ng Pilipinas released Friday showed.  Read more »

'No competition': Duterte seeks more cooperation with India in BPO industry

Arianne Merez, ABS-CBN News
Posted at Oct 18 06:35 PM

Instead of competing, the Philippines and India need to “complement” their strengths in the business process outsourcing industry given that both countries are leaders in the field, President Rodrigo Duterte told Indian President Ram Nath Kovind Friday. Read more »

Isko: OFWs impressed with new administration sent Manila gov’t P500,000

Katrina Domingo, ABS-CBN News
Posted at Sep 05 08:44 PM

A number of overseas Filipino workers have remitted at least P500,000 to help fund the Manila city government’s projects, Mayor Isko Moreno said Thursday. Read more »

COA says PCSO should remit to gov't P8.4 billion in profits from 1994 to 2016

ABS-CBN News
Posted at Jul 10 08:45 PM

MANILA - The Commission on Audit (COA) on Wednesday urged the Philippine Charity Sweepstakes Office (PCSO) to remit to government P8.426 billion in profits, a figure representing half of its P16.852 billion net earnings from 1994 to 2016. Read more »

Perang padala ng Pinoy seafarers tumaas sa unang bahagi ng 2019

ABS-CBN News
Posted at Jul 08 07:59 PM

Inaasahang lalaki pa ang remittance dahil lumalaki rin daw ang demand sa mga marino. Read more »

PH posts balance of payments surplus in April

ABS-CBN News
Posted at May 20 03:19 PM

The Philippines posted a balance of payments surplus of $467 million in April, reversing a $270 million deficit posted in the same month last year.  Read more »

'Paglago ng OFW remittances bumagal noong Pebrero'

ABS-CBN News
Posted at Apr 16 09:19 PM

Ayon sa datos ng BSP, bumagal sa 1.2 porsiyento ang paglago ng OFW remittances noong Pebrero.  Read more »