Remittances Are Important But Distort the Economys

April 2, 20120

Gov’t out to unlock vast potential of remittances

MANILA, Philippines–The Government hopes to increase the multiplier effect of remittances on the economy which, in turn, may help reduce poverty inc

April 2, 20120

This is a re-posted opinion piece. The Philippines has been quite successful in taking advantage of opportunities offered by the global labor markets

October 18, 20110

Overseas Filipinos sent home $13B in 8 months Overseas Filipinos sent home $13.02 billion in the eight months to August, up 6.9 percent from a year

October 13, 20110

DESPITE the availability of assistance programs and light payment or investment schemes, only two overseas Filipino worker (OFW) households out of 1

September 19, 20110

Remittances from Filipinos overseas continued to rise in July despite the persistent weakness of the global economy and the rise of worrisome labor