PH remittance growth stayed at 4-year low in May

MANILA, Philippines – Money sent home by overseas Filipinos continued to post modest growth in May, underscoring the vulnerability of remittance flows as tensions from the prolonged conflict in the Middle East threaten to disrupt the livelihoods of migrant workers. Cash remittances sent through banks rose 2 percent from a year earlier to $2.7 billion, […]...

Keep on reading: PH remittance growth stayed at 4-year low in May ...