The Manila International Airport Authority (MIAA) remitted a total of P13.9 billion dividends to the National Government (NG) from 2016 to 2019, its biggest in the last two decades prior to this administration. From 1996 to 2015, MIAA'S remittance totaled P11,149,527,394. In 2018, MIAA made its...
Overseas Filipinos remitted $2.477 billion via banks in February, it’s 5.1 percent higher compared to same time last year of $2.358 billion, the Bangko Sentral ng Pilipinas (BSP) said Thursday, (April 15). Compared to January, cash remittances was lower by 4.84 percent or from $2.603 billion....
To help the millions of Filipinos who are sending and receiving remittances in the Philippines, Robinsons Bank has introduced its new service, the RBANK REMIT. RBANK REMIT promises an easy, fast, and reliable remittance service that can be accessed through the RBank Digital Online Banking...
The pandemic-affected cash remittances fell by 0.8 percent year-on-year to $29.903 billion in 2020 from $30.133 billion which was lower than what the Bangko Sentral ng Pilipinas (BSP) estimated was a two percent contraction for the year. “Despite the global slump due to the pandemic,...
The Bangko Sentral ng Pilipinas (BSP) said bank-transferred remittances from overseas Filipinos as of end-October reached $24.633 billion, down 0.9 percent year-on-year form $24.858 billion. The BSP said the “cumulative contraction” in remittances has narrowed from the previous 1.4 percent in...
Due to the disaster wrought by a string of three strong typhoons, BDO Remit—the remittance service brand of BDO Unibank—has waived the remittance fee on donations from overseas Filipinos coursed through different foundations. In a statement, the bank said the zero remittance fee for these...
