MANILA, Philippines – Investments of families receiving remittances from Filipinos abroad surged in the fourth quarter to its highest level since 2007, the Bangko Sentral ng Pilipinas said.
“Those that allocated their remittances for investment increased to 11.2 percent from 4.8 percent [in the third quarter],” the central bank said in its latest Consumer Expectations Survey (CES).
The BSP stressed this is the highest percentage recorded since the annual survey was conducted in the first quarter of 2007.
BSP assistant governor Almasara Cyd Tuano-Amador said these are “small investments” such as sari-sari stores and other businesses.
At the same time, families receiving money from their members abroad had saved more in the last quarter, the survey showed.
“The percentage of OFW (overseas Filipino worker) households that utilized their remittances for savings rose to 41.6 percent from 34.3 percent in Q3 (third quarter),” the BSP said. –Kathleen A. Martin, The Philippine Star
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
