Philippines: The remittance lifeline

02/24/25 • 17 min

1 Listener

The estimated 2.3 million Filipino overseas workers form the economic backbone of their nation. The remittances they send home are vital; sustaining household incomes, driving consumer spending, supporting community development, and ensuring national economic stability - contributing 8.5% to GDP.

In the first of our two-part series looking at the Philippine economy, Sam Fenwick meets overseas workers who send money home and those who have returned to set up businesses.

If you would like to get in touch with the show, please email: [email protected]

Producer/presenter: Sam Fenwick

(Picture: Angel Kho, a head chef, in the kitchen of a care home in the UK. Credit: BBC)

In the first of our two-part series looking at the Philippine economy, Sam Fenwick meets overseas workers who send money home and those who have returned to set up businesses.

If you would like to get in touch with the show, please email: [email protected]

Producer/presenter: Sam Fenwick

(Picture: Angel Kho, a head chef, in the kitchen of a care home in the UK. Credit: BBC)

Previous Episode

Where does the Mittelstand stand?

Could Germany benefit from drastic Javier Milei-style reforms?

One business owner in Berlin thinks so, and many others want a reduction in the amount of bureaucracy bosses are responsible for.

As a federal election takes place in Germany, members of the Mittelstand, Germany’s famous small and medium-sized businesses known as the “backbone” of the country's economy, tell Business Daily what a new government could do for them.

Theo Leggett travels to a science and research park on the outskirts of Berlin where the boss of an underwater robot company and other tech businesses are based. There's a lot of innovation happening in the buildings, but confidence in politics is low.

And Anouk Millet looks at the Hamburg businesses trying to modernise and forge a path towards an uncertain future.

If you would like to get in touch with the show, please email: [email protected]

Presenter: Theo Leggett Producer: Hannah Bewley Reporter: Anouk Millet

(Image: Fabian Bannasch, CEO of Evologics,holding a robotic "penguin". Credit: BBC)

Next Episode

Philippines: Back-office powerhouse

The outsourcing sector in the Philippines has seen significant growth, positioning itself as a global leader. However, the rise of AI technologies is reshaping the job landscape, potentially displacing traditional roles.

In the second part of our series looking at the Philippine economy, Sam Fenwick investigates how the government is adapting to the change by investing in infrastructure and promoting foreign investment.

If you would like to get in touch with the show, please email: [email protected]

Produced/presenter: Sam Fenwick Additional reporting: Camille Elemia

(Picture: Customer agents sit behind computers on the AI training in Taguig City, Metro Manila, Philippines. Credit: Getty Images)