Latest data released by the central bank showed personal remittances in July were about $107 million higher than the $3.32 billion a year ago. It marked the largest since the $3.63 billion in December 2023.
"The growth in personal remittances in July 2024 was due to higher remittances sent from land-based workers with work contracts of one year or more, and sea- and land-based workers with work contracts of less than one year," the BSP said in a statement.
Remittances from OFWs with contracts of one year or more inched up by 3.4 percent to $2.72 billion in July from $2.63 billion in the same month last year, while that of workers with contracts of less than one year grew by 1.7 percent to $630 million from $620 million.
Esta historia es de la edición September 17, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición September 17, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Shai outguns Jokic, Thunder rip Nuggets
Shai GilgeousAlexander outdueled MVP rival Nikola Jokic with a 40-point performance as the Oklahoma City Thunder produced a late barrage to defeat the Denver Nuggets 127103 on Sunday.
升の山 山 MAKE OUR KIDS DO A SORTS OF STUFF LIKE RUN A MARATHON
It is chilly in Tokyo as I look out of our hotel room in Shinjuku, which has the view of the Tokyo Metropolitan Government Building where the Tokyo Marathon starting line was yesterday, March 3, 2025.
Tootsy Angara, Small Laude & Karen Davila: The 'Botswana Gang'
Like a threelegged stool, the triumvirate of broadcast journalist Karen Davila, influencer Small Laude and media executive and education advocate Tootsy Angara cradles a friendship. Take away one leg, and the trio wobbles.
Expedite probe of 2023 NFA rice sale
Ombudsman Samuel Martires should expedite the investigation into the alleged anomalous sale of National Food Authority (NFA) rice to private traders in 2023, according to farmers' group Samahang Industriya ng Agrikultura (Sinag).
Rody, Sara flying back to Phl today?
Former president Rodrigo Duterte and his daughter, Vice President Sara Duterte, are expected to arrive in the country from Hong Kong today on a Cathay Pacific flight, airport sources said.
Ex-police general heads judicial marshals' office
Retired police Brig. Gen. Manuel Gaerlan marks a milestone by becoming the first chief marshal of the Supreme Court's Office of the Judicial Marshal (SC-OJM).
VILLAR celebrates WOMEN'S month with the largest ZUMBA contigent
Women's Month celebration in Las Piñas City was launched with a record-breaking inter-barangay Zumba dance competition on Saturday, March 1, 2025.
Thrift banks seek lower liquidity ratio
Mid-sized banks are hopeful that the Bangko Sentral ng Pilipinas (BSP) will consider lowering the minimum liquidity ratio (MLR) for medium-sized banks, following the decision to remove their reserve requirement ratio (RRR), according to the Chamber of Thrift Banks.
More Women Get Involved in Philippine Nuclear Development
After years of being restrained by the patriarchal world, women have emerged from the shadows to claim their rightful place not only in society but also in science and technology.
Ensuring compliance: Preservation and examination of books of accounts
Businesses are required to maintain and preserve books of accounts for a certain period in compliance with tax laws and regulations.
