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REMITTANCE inflows to the Philippines may fall by 1.4% if US President Donald J. Trump’s proposed tax on money sent home by foreign workers is implemented, Deutsche Bank Research said. In a June 20 ...
The Philippine central bank is forecasting the country's current account deficit to narrow to 3.3% of gross domestic product ...
Deutsche Bank Research has flagged deeper structural shifts in the overseas Filipino workforce as a growing long-term risk to the country’s remittance inflows.
The United States’ (US) plan to tax the money sent home by foreign workers, including overseas Filipino workers (OFWs), has ...
Deutsche Bank downplayed the long-term impact, estimating only a 1.4-percent drop in remittance inflows, or about 0.1 percent of gross domestic product, if the tax is implemented. The US currently ...
India's SDG progress report highlights advancements in poverty reduction and social protection. Social protection now covers ...
The first crypto remittances used Bitcoin to power international money transfers. Today, however, stablecoins have emerged as ...
MANILA, Philippines - The Philippines is expecting a weaker external position than it previously expected for this year, as a ...
The Bangko Sentral ng Pilipinas (BSP) on Monday revised the balance of payments (BOP) projection for 2025 and 2026 to take ...
The Marcos administration’s budget balance returned to a deficit in May, albeit smaller year-on-year, after spending ...