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Philippines: OFW remittances hit $8.65 billion in Q1

MANILA, Philippines — Remittances from overseas Filipino workers (OFWs) sustained their growth in March, expanding by more than two percent in the first quarter, and remained a bright spot for the Philippine economy, according to the Bangko Sentral ng Pilipinas (BSP). Personal remittances improved by 2.3 percent to $8.65 billion in the first quarter from […]

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