Posts tagged as:

OFW Remittances

Rising dependence on OFW remittances alarming

by Rainier on January 19, 2007

Think tank: Rising dependence on OFW remittances alarming Workers’ money accounts for 10% of GDP; By Delfin Mallari Jr., Southern Luzon Bureau, Posted date: January 18, 2007 MANILA, Philippines — The growing dependence of the country’s economy on the money sent home by overseas Filipino workers (OFWs) has become alarming, the head researcher of the [...]

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Php50=$1 and its effect sa OFW

by Rainier on March 25, 2006

Ganito yon. Consider this time frame. January 2005 (Andun ako sa Manila), exchange rate, $1=Php56. So, kakayod ka muna nang Php56 bago ka magkaron nang $1. Sino ang me advantage sa ganitong exchange rate? Yong mga tiga-labas especially tayo sa America, Middle East, Hong Kong, Korea, Singapore or Europa. Kasi, sa konting $ na padala [...]

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