MANILA -Personal remittances from overseas Filipino workers increased by 2.2 percent to reach $3.13 billion in June from $3.06 billion in the same month last year, according to the Bangko Sentral ng Pilipinas (BSP).
The BSP observed increases in inbound money transfers from both land-based and sea-based OFWs.
The June result brought the total inflows for the first semester of this year to $17.59 billion, an increase of 3 percent from $17.09 billion in January-June 2022.
The United States had the highest share of Philippine-bound remittances, followed by Singapore, Saudi Arabia, and Japan.
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