Head Topics

Cash remittances up 5.2% in Nov.

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Overseas Filipinos remitted $28.43 billion through the banking sector as of end-November 2021, up by 5.2 percent compared to same period in 2020 of $27 billion.

Based on Bangko Sentral ng Pilipinas data, cash remittances which are via banks, amounted to $2.50 billion in November, higher by 5.1 percent from $2.38 billion same time in 2020.

For the 11-month period, the central bank said bulk of cash remittances came from the US, Taiwan, and Malaysia. Cumulative, personal remittances increased by 5.3 percent year-on-year to $31.59 billion versus $29.99 billion same period in 2020.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Toyota Motor PH Offers Cash Savings, Free PMS And Insurance This January | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices
Source: carguideph - 🏆 16. / 63 Read more »

QC gov’t gives educational assistance to children of solo parentsThe Quezon City Social Services Development Department on Thursday, Jan. 13, gave P5,000 cash to 500 children of registered indigent solo parents in the city as educational assistance.
Source: manilabulletin - 🏆 25. / 51 Read more »

Toyota Motor PH Offers Cash Savings, Free PMS And Insurance This January | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices
Source: carguideph - 🏆 16. / 63 Read more »