Philippine remittances come in at $29.9bn, defying COVID

CLIFF VENZON, NIKKEI STAFF WRITER FEBRUARY 15, 2021 19:01 JST 400,000-worker repatriation raises questions over sustainability of cash inflow MANILA — Cash remittances from Filipinos working overseas dropped 0.8% to $29.9 billion last year, defying expectations of a sharper fall due to the pandemic, the country’s central bank said on Monday. However, the repatriation of […]