BusinessWorld E-paper
June 16, 2026
CASH REMITTANCES recorded its slowest annual growth in nearly four years in April as weak global economic conditions weighed on overseas Filipino workers’ (OFWs) ability to send money home.
Data from the Bangko Sentral ng Pilipinas (BSP) showed money sent through banks by migrant Filipinos climbed by 2% to $2.718 billion in April from $2.664 billion in the same month last year.
