philippine news

Protect women — CHR

by Joel dela Torre
from People’s Journal

MARKING the United Nations Day for Women and International Peace today, the Commission on Human Rights called on government to improve protection and programs for the rights of women.

The CHR said … Read the rest

Wages to fall 0.5% in 2009 — ILO

Agence France-Presse
Inquirer.net

GENEVA, Switzerland — Wages in industrialized countries will fall 0.5 percent next year due to the economic crisis, although on a global level, salaries will still grow by up to 1.1 percent, the International Labor Office (ILO) … Read the rest

RP may lose $800 M in OFW remittances next year

Des Ferriols
Philippine Star

An economist of the Union Bank of Switzerland (UBS) warned the government that the slowdown in the global market next year might result in a $800-million decline in remittances from overseas Filipinos workers between 2008 and … Read the rest

Remittances of Pinoys in US capital declining

Jose Katigbak, STAR Washington Bureau
Philippine Star

WASHINGTON – Filipinos living in the Washington DC metropolitan area are sending less remittances and balikbayan boxes to relatives back home because of the economic and financial crisis in the United States, a … Read the rest

OFW families saving more, BSP data shows

Des Ferriols
Philippine Star

While families of overseas Filipino workers still spend their remittances primarily on food and education, monetary authorities have noted that more money is now being set aside for savings and investments.

The Bangko Sentral ng Pilipinas … Read the rest

OFW inflows seen to hit $16 B this year

Des Ferriols
Philippine Star

Given the steady demand for labor especially in the Middle East, Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. said he expected remittances from overseas Filipino workers (OFWs) to grow more than originally projected … Read the rest

OFW remittances surge to record $1.5 B in June

Des Ferriols
Philippine Star

Overseas Filipino workers (OFWs) sent $1.5 billion home in June, the highest ever recorded since 1989, bringing the total remittance level to $8.2 billion for the first six months of the year.

Data from the Bangko … Read the rest

OFW remittances hit record $1.5B in June

Doris Dumlao
Philippine Daily Inquirer

MANILA, Philippines—Money sent home by overseas Filipino workers (OFWs) through banks hit an all-time high of $1.5 billion in June, up 30 percent from a year earlier, reflecting a strong season for remittances for school … Read the rest

Women OFWs many, but remit less than men

Jeremaiah M. Opiniano, Contributor
OFW Times

KUALA LUMPUR, Malaysia: For 12 years, Rita’s family in the Philippines was fed through two shoe-box sized containers at her feet.

The rectangular matte-black boxes, scuffed with use, contain Rita’s tools of the trade: … Read the rest

Remittances jump to $3.95b

Manila Standard

REMITTANCES from Filipinos rose 13.2 percent to $3.95 billion in the first quarter as more of them left for jobs abroad, the central bank said yesterday.

They sent home $1.43 billion in March alone, a 9.42-percent increase from … Read the rest

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