A little over half of a Filipino household’s monthly income, or roughly 51 percent, goes to covering educational costs, global money transmitter WorldRemit found...
For generations, the social value of remittances has been synonymous to providing care for those Filipinos left behind. A recent report showed that remittances...
For many Filipinos, 2023 is a new year faced with the same economic challenges as 2022.
Continuous inflation has unfortunately made many Filipinos familiar...
It’s beginning to look a lot like Christmas—with the incoming holiday rush of remittances from Overseas Filipino Workers (OFWs).According to the National Economic and...
Across 23 countries observed, the average spend across food, gifts and decor will cost 156% of household incomes
Cameroon, Lebanon, and Rwanda will spend the...
Filipinos working overseas remitted a record $31.418 billion in 2021, representing a 5.1-percent increase from $29.903 billion in 2020. Remittances grew by another 2.9...
● Household incomes have decreased by 4%, while costs have increased across the majority of countries observed year-over-year● In Zimbabwe, costs to send a...
On a global scale, inflation has been influenced by multiple factors such as the COVID-19 pandemic, fuel price increases, and the ongoing conflict between...
Mobile payment wallets have become a vital part of the Southeast Asian consumer landscape, providing financial access for millions of previously excluded people.
In the...
Data shows education is one of the primary reasons immigrants and overseas foreign workers (OFWs) send money back to the Philippines.
Because of the high...
The coronavirus pandemic highlighted the important role that health workers play in keeping communities operational. As modern-day heroes, nurses are on the frontlines caring...
A new WorldRemit study shows Filipinos frequently talk and know more about their mothers than the residents in United States and Australia
A recent survey...
