More Than Remittances: Filipino Seafarers Drive a Trillion-Peso Economic Engine

By |June 4th, 2026|CRC Insights, Social Economics, Transportation and Logistics|

The study entitled “The Philippine Manning Services Industry: Prospects and Impact on the Philippine Economy and Industry Development Policy” reframes the sector from being simply a source of overseas remittances into a powerful domestic economic engine. While Filipino seafarers are widely recognized for the billions of pesos they remit annually, the study demonstrates ... continue reading