OFW money-sending: a long and winding path

By |March 1st, 2023|Expertise, Migration and Overseas Filipino Work, News, Professorial Chairs|

World Bank reported that the Philippines received USD 33 billion remittances in 2017, third to India (USD 69b) and China (USD 64b). Despite employment bans and various causes of repatriations, WB predicts, “Global remittances are expected to increase this year, by 4.1 percent.” Good news for industries such as real estate, finance, consumer goods, insurance ... continue reading