The Bangko Sentral ng Pilipinas has revoked the registration of a sixth money service business in 2024, underscoring its ...
The Nigerian currency, the naira, closed trading negative on Monday, December 30, 2024Information from the Electronic Foreign ...
Latest data from the Bangko Sentral ng Pilipinas (BSP) showed cash remittances coursed through banks amounted to $3.08 billion in October, growing at an annual rate of 2.7 percent. That growth ...
MONEY sent home by overseas Filipino workers (OFWs) hit $3.42 billion in October, the Bangko Sentral ng Pilipinas (BSP) reported on Monday, 2.7 percent higher compared to the year-earlier $3.33 ...
Remittances have proved to be the most important stabilising variable for Pakistan's economy in the recent past. It is one of those indicators that has shown considerable and sustainable progress ...
With many Japanese companies operating in Thailand, the bank is eyeing stablecoin use for remittances between the two countries.
This collaboration is set to address gaps in financial services and complement existing payment systems, especially in regions with high remittance traffic. Credit: metamorworks/ Shutterstock. Fintech ...
KARACHI: Remittances sent by workers during the first five months (July-November) of the current fiscal year FY25 jumped 34 per cent, but fell last month compared to the preceding month.
Inflow of overseas workers’ remittances into Pakistan stood at $2.92 billion in November 2024, 4.5% lower when compared to $3.05 billion in October 2024, showed data released on Monday by the ...
Remittances sent by overseas Pakistanis increased by 29 percent to $2.915 billion in November 2024 compared to inflows of $2.259 billion reported in the same month of last fiscal year (FY24 ...
For a country like ours, where remittances are a pillar of the economy and deeply woven into the fabric of Filipino society, this situation is unsustainable. As more Filipinos seek employment ...
KARACHI: Finance Minister Muhammad Aurangzeb on Saturday said the inflows of workers’ remittances are expected to hit an all-time high of $35 billion in the current fiscal year 2024-25 ...