Secretary Hans Leo Cacdac lauded overseas Filipino workers (OFWs) for their growing economic contribution as he touted the government’s intensified push for expanded reintegration programs. Speaking ...
SMAC and BDO Remit partner to reward OFW families with loyalty points for cash pickups at SM Stores, SM Markets and ...
MANILA, Philippines — Cash remittances from Overseas Filipino Workers (OFWs) rose in October, the Bangko Sentral ng Pilipinas (BSP) said, lifting year-to-date inflows for the first 10 months of 2025.
THE government will not impose sanctions on overseas Filipino workers (OFW) who will refuse to send remittances to compel authorities to bring home former President Rodrigo R. Duterte, Malacañang said ...
Personal remittances from overseas Filipino workers (OFWs) grew by 2.6 percent to US$3.02 billion in February 2025, up from the US$2.95 billion registered in February 2024, the Bangko Sentral ng ...
Forbes contributors publish independent expert analyses and insights. I write about the intersection of tech and social progress in Asia. The ability to support one’s family is a driving factor in the ...
Last year close to 3 million Filipinos left home to find work abroad so they could send cash back to the Philippines. Filipinos sent $28.5 billion in personal remittances, making up a tenth of the ...
Overseas Filipino worker (OFW) remittances are huge. The economy has relied on the them as they accounted for around 11 percent of GDP in 2006 . Fourth in the world in fact, behind India, Mexico and ...
MANILA, (PIA) – The Bangko Sentral ng Pilipinas (BSP) has announced a 3.3% increase in personal remittances from overseas Filipino workers (OFWs) in August. According to the BSP’s latest data, ...
MANILA, Philippines — Money sent home by overseas Filipino workers (OFWs) climbed to its highest level in six months in June, boosted by steady demand for Filipino labor abroad and seasonal household ...