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Dear users,

As of today the Gateway has added it's brand new research menu to help users gather relevant information from our partner institutions. The menu in the column on the right lists the reputable sources of basic statistics and maps which are of use to anyone looking for a quick overview of remittance information.

Best regards,
Robert W. Meins

 

Remittances grew by 5.4% in first quarter

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Friday, 18 May 2012 09:50

Source: Philippine Daily Inquirer
By: Michelle V. Remo

Workers abroad sent home $1.7B in March alone

Remittances to the Philippines rose to $1.7 billion in March, up by 5 percent from March 2011, the Bangko Sentral ng Pilipinas reported on Tuesday, May 15, 2012. AFP FILE PHOTO Remittances to the Philippines again rose in March to $1.7 billion—up by 5 percent from the $1.62 billion reported in the same month last year, according to the Bangko Sentral ng Pilipinas.

This brought total remittances for the first quarter to $4.84 billion—an increase of 5.4 percent from the $4.59 billion recorded in the same period last year.

[Philippines Country Profile]

Read more: Remittances grew by 5.4% in first quarter

 

Philippine Peso Rises to 12-Week High on Remittances; Bonds Gain

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Monday, 07 May 2012 15:50

Source: Bloomberg
By: Lilian Karunungan

The Philippine peso reached a 12-week high on speculation funds sent home by Filipinos working abroad are increasing. Bonds rose.

Remittances account for about 10 percent of the $200 billion economy, and inflows usually accelerate before the opening of the regular school term in June. They quickened to a 6.9 percent pace in May 2011 from a year earlier after an increase of 6.3 percent the previous month, central bank data show.

[Philippines Country Profile]

Read more: Philippine Peso Rises to 12-Week High on Remittances; Bonds Gain

   

Mexico's March remittances up 1.4% on year

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Monday, 07 May 2012 14:19

Source: Wall Street Journal
By: Anthony Harrup

Mexicans working abroad sent home $2.08 billion in March, an increase of 1.4% from the same month of 2011, the Bank of Mexico said Wednesday.

The March remittances, made up of 6.2 million transfers at an average of $336 per transfer, brought remittances for the first quarter to $5.37 billion, a 5.3% increase from the first three months of 2011. The increase marked a slowdown from February's 8.5% rise.

[Country Profile Mexico]

Read more: Mexico's March remittances up 1.4% on year

 

Bangladesh: Remittance inflow slows a bit

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Monday, 07 May 2012 14:00

Source: The Daily Star

Inward remittances fell 2.43 percent to $1.08 billion in March compared to a month ago, but the overall growth in the first ten months of the current fiscal year reached near 11 percent.

During the period, more than $1 billion was remitted from abroad by Bangladeshi migrant workers every month, except September and November, according to data from the central bank.

[Bangladesh Country Profile]

Read more: Bangladesh: Remittance inflow slows a bit