Logo

19 日 マニラ

28°C26°C
両替レート
¥10,000=P3,820
$100=P5,690

19 日 マニラ

28°C26°C
両替レート
¥10,000=P3,820
$100=P5,690

Personal remittances reach $2.4 billion in January: central bank

2017/3/16 英字

Personal remittances from overseas Filipinos rose by 8.5 percent year-on-year in January to reach $2.4 billion, central bank governor Amando M. Tetangco, Jr. announced Wednesday.

The continued increase in personal remittances was mainly driven by the 13.5 percent growth in transfers from land-based workers with work contracts of one year or more (which summed up to $1.9 billion), more than offsetting the 8.3 percent decline in remittances from sea-based and land-based workers with work contracts of less than one year (at $0.4 billion).

Cash remittances from overseas Filipinos coursed through banks reached $2.2 billion in January, representing an 8.6 percent year-on-year growth.

Remittances of land-based workers amounted to $1.8 billion, 13.5 percent higher compared to the level posted in the same month a year ago.

Sea-based workers’ remittances declined by 8.3 percent year-on-year due to the stiffer competition in the supply of seafarers.

By country source, the bulk of cash remittances came from the United States, Saudi Arabia, the United Arab Emirates, the United Kingdom, Japan, Singapore, Hong Kong, Qatar, Kuwait, Hongkong and Australia.2 The combined remittances from these countries accounted for more than 79 percent of total cash remittances.

The United States, Singapore, Qatar and Japan were the major contributors to the growth in cash remittances in January. Remittances from the United States grew by 9.2 percent, contributing three percentage points to the 8.6 percent overall growth.

Those from Singapore, Qatar and Japan rose by 19.7 percent, 57.8 percent, and 16.0 percent, respectively, with a combined 3.8 percentage points contribution to total growth in cash remittances. DMS

おすすめ記事

OCD validating two deaths in Antique

2025/7/19 英字 無料
無料

Marcos to meet US President Donald Trump to strengthen economic, security ties

2025/7/19 英字 無料
無料

Philippines eases alert level in Iran

2025/7/19 英字 無料
無料

PCG welcomes new minister for economic affairs of the Embassy of Japan

2025/7/19 英字 無料
無料

BOP shifts to $226m surplus in June, GIR rises to $106.0b

2025/7/19 英字 無料
無料

Rains forecast in Metro Manila for three days, ''Crising'' to be tropical storm

2025/7/18 英字 無料
無料