00:00The Banco Central ng Pilipinas, or BSP, has shown that personal remittances from overseas Filipinos increased by 2.9 percent in January this year.
00:09Preliminary data show that personal remittances went up to US$3.24 billion in January this year, from US$3.15 billion in the same month in 2024.
00:20This increase was observed in remittances from both land-based and sea-based workers.
00:25Personal remittances cover cash sent through banks and informal channels, as well as remittances in kind.
