Philippine remittance growth slows to nearly 2-year low in February

MANILA, Philippines — Cash remittances grew at their slowest pace in nearly two years in February, even before the Middle East war heightened fears of job losses among Filipino migrant workers. Data from the Bangko Sentral ng Pilipinas showed that money sent home through banks rose 2.6 percent from a year earlier to $2.8 billion, the weakest pace of increase since June 2024’s 2.5 percent clip. That brought total inflows for the first two months of the year to $5.8 billion, up 3.1 percent from the same period in 2025. /dda READ: OFW remittances rose by 3.5% in January 2026... Keep on reading: Philippine remittance growth slows to nearly 2-year low in February

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