BusinessWorld E-paper
July 16, 2025
MONEY SENT HOME by overseas Filipino workers (OFWs) rose by an annual 2.9% in May, although the monthly haul was the lowest in 12 months, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Cash remittances coursed through banks jumped by 2.9% to $2.658 billion in May from $2.583 billion in the same month a year ago, the central bank said on Tuesday.
