Photo of the Week: Remittance
Remittance
Bulatlat Contributors | Jan 11, 2011
POSTS FOR "OFW remittances"
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Once Again, the OFW Saves the Day for RP Economy
Once Again, the OFW Saves the Day for RP Economy
It is undeniable that OFW remittances have kept the ailing economy afloat. Labor migration, once a mere stop-gap measure to tide the economy over in the economic crunch of the ‘70s, has become a major government policy, with the local government units even...
Remittances Slowing Amid Rising OFW Deployment
Remittances Slowing Amid Rising OFW Deployment
MANILA -- While government economic managers report that overseas Filipino remittances are increasing, actual remittances or transfers are in fact slowing, according to research group IBON. Data from the Bangko Sentral ng Pilipinas (BSP) show that the year-on-year...
Falling Remittances Foretell Gloomier Consumption, Growth
Falling Remittances Foretell Gloomier Consumption, Growth
Remittance from overseas Filipinos continued to slow in with year-on-year growth of just 2.2% in April which is down from 3.1% in March and 4.9% in February, according to newly-released data from the Bangko Sentral ng Pilipinas (BSP). According to research group...
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