OFW remittances rise 2% in April, slowest pace in nearly 4 years

Money sent home by overseas Filipino workers (OFWs) grew by 2% year on year in April, marking its weakest annual growth in nearly four years, data from the Bangko Sentral ng Pilipinas (BSP) showed. Cash remittances, or money coursed through banks by migrant Filipinos, climbed by 2% to $2.718 billion in April from $2.664 billion […]