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                    [Title] => OFW remittances thinning out
                    [Summary] => According to our ear-spies, OFW remittances are thinning out due to the very stiff competition abroad for overseas workers. The only thing going for OFWs is the fact that most countries still consider Filipinos as their best choice. However, Chinese, Indian and Bangladeshi workers are gaining ground in the market because they have cheaper rates and other more practical choices they offer. With Indian and Bangladeshi workers, however, the language barrier is the most difficult and expensive to overcome, unlike Filipinos who are more fluent in English.
                    [DatePublished] => 2003-12-11 00:00:00
                    [ColumnID] => 135725
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                    [AuthorID] => 1730160
                    [AuthorName] => S.A. Maguire
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FINANCE SECRETARY AND OSCAR REYES

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                    [Title] => OFW remittances thinning out
                    [Summary] => According to our ear-spies, OFW remittances are thinning out due to the very stiff competition abroad for overseas workers. The only thing going for OFWs is the fact that most countries still consider Filipinos as their best choice. However, Chinese, Indian and Bangladeshi workers are gaining ground in the market because they have cheaper rates and other more practical choices they offer. With Indian and Bangladeshi workers, however, the language barrier is the most difficult and expensive to overcome, unlike Filipinos who are more fluent in English.
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OFW remittances thinning out

By S.A. Maguire | December 11, 2003 - 12:00am

According to our ear-spies, OFW remittances are thinning out due to the very stiff competition abroad for overseas workers. The only thing going for OFWs is the fact that most countries still consider Filipinos as...

Business