Friday, 5 July 2024
2 days ago
Coming soon: fast, easy, cheap payments between the Philippines, Singapore, Malaysia, Thailand, India
The Bangko Sentral ng Pilipinas and the Bank for International Settlements, in collaboration with other central banks, have successfully completed the comprehensive blueprint for phase three of Project Nexus — an ambitious program that aims to seamlessly connect instant payment systems (IPS) across multiple countries.
17 Jun 2024
9:46AM
Expat Filipino dollar remittances up 3.1% in seasonally weak April
Dollars sent home by overseas Filipinos increased by 3.1% to $2.86 billion in April 2024, up from $2.77 billion during the same month last year — growing marginally for at least the third year in a row now during the traditionally weak month for remittances.
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