Dec remittances

By country source, more than came from the US, Saudi Arabia, UAE, Singapore, UK, Japan, Qatar, Kuwait, Hong Kong, and Germany,

“The solid growth in OF remittances continues to be a major driver of domestic percent of the country’s gross national income ( GNI) and

Moderate growth seen

Joey Cuyegkeng, senior economist for ING Bank Manila, said uncertainty over the possible effects of the trade, immigration and jobs policies of the new US administration may keep OFW remittances growth at a moderate pace of 4 percent this year, or slower than growth in personal and cash remit

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Nevertheless, Cuyegkeng added, the health of host economies is likely to improve but the improvement may

“Oil prices have increased from the

Given this, he said growth in developed markets is expected to be mild or show a