OFW remittances rose 3.5% in Jan despite seasonal pullback

MANILA, Philippines – Cash remittances from overseas Filipinos sustained their growth at the start of the year on the back of steady and resilient overseas employment conditions, despite a pullback from December’s seasonal surge. Data from the Bangko Sentral ng Pilipinas (BSP) on Monday showed that money sent home by Filipinos rose 3.5 percent to