Tag Archives: United Kingdom

OFW sent record remittances in 2021

Philippine Peso

Philippines ‘modern-day’ heroes hit an all-time high record as remittances transferred via the banking networks grew by 5.1% from $33.19 billion in 2020 to $34.88 billion in 2021. The recent growth rate, however, was slightly lower than the 6% growth target of the Bangko Sentral ng Pilipinas (BSP) on expectations of higher-than-anticipated recovery after contracting […]

Top Countries With Most Number Of Filipino Workers

While pandemic is hitting us hard, more and more Filipinos are thriving to work hard abroad to support their families.  As of May, 2021, Social Security System has recorded 1.34 million Overseas Filipino Workers. This number has brought a significant value in our economy through their remittances.  Middle East continuously to be on top spot […]

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