Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home>>Daily News>>Philippines>>Economy>>Remittances up 9.7% in Oct. —BSP

NEWS UPDATES Asean Affairs   December 18,  2017  










Remittances up 9.7% in Oct. —BSP

Money sent home by overseas Filipinos rose by 9.7 percent in October from a year earlier, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

Personal remittances totaled $2.6 billion in October, up 9.7 percent from $2.3 billion a year earlier, BSP Governor Nestor Espenilla Jr. said.

Personal remittances sum up the net compensation of employees, along with personal transfers—in cash or in kind—and capital transfers between households.

In the first 10 months of the year, personal remittances reached $25.10 billion—up 5.2 percent from $24.434 billion in January to June last year.

Cash remittances through banks went amounted to $2.275 billion in October, up 8.4 percent from $2.099 billion a year earlier.

In the 10 months to October, cash remittances totaled $23.056 billion from $22.124 billion year-on-year.

Cash remittances from the US, United Arab Emirates, Saudi Arabia, Singapore, Japan, United Kingdom, Qatar, Kuwait, Germany and Hong Kong comprised 80.2 percent of total cash remittances in January to October, the central bank noted. — Margaret Claire Layug/VDS, GMA News





Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
 
or
submit your comment in the box below



  Today's  Stories                         December November  18,  2017
• Remittances up 9.7% in Oct. —BSP Subcribe: Asean Affairs Global Magazine
• AP II expects 11% passenger surge during this year-end holiday Subsribe Now !
Tourists advised to ‘go local’ to spread economic benefits
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

Food security safe despite no key deal in WTO
PHL payments position swings to $662-M deficit in Q3
Asean Analysis                  October 27,  2017
• Asean Analysis October 27, 2017
Southeast Asia from Scott Circle: Indonesian Presidential Politics Begins to Heat Up 18 Months before Elections
Advertise Your Brand

Asean Stock Watch   December 15 ,  2017

• Asean Stock Watch-December 15, 2017
The Biweekly Update
• The Biweekly Update  October 27, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com