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                    [ArticleID] => 145147
                    [Title] => Remittances from US down by $1.2 B
                    [Summary] => Filipinos working in the United States are holding on to their dollars and are sending less money home.


Remittances from overseas Filipino workers (OFWs) in the US fell by $1.2 billion (roughly P60 billion) in the first 11 months of the year, according to the Department of Labor and Employment (DOLE).


In a report to Manila, labor attaché to Washington Helen Custodio said the more than two million OFWs in the US sent home only $3.7 billion to their families from January to November. Remittances during the same period last year reached $4.9 billion.


                    [DatePublished] => 2001-12-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097338
                    [AuthorName] =>  Mayen Jaymalin
                    [SectionName] => Headlines
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WASHINGTON HELEN CUSTODIO

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                    [ArticleID] => 145147
                    [Title] => Remittances from US down by $1.2 B
                    [Summary] => Filipinos working in the United States are holding on to their dollars and are sending less money home.


Remittances from overseas Filipino workers (OFWs) in the US fell by $1.2 billion (roughly P60 billion) in the first 11 months of the year, according to the Department of Labor and Employment (DOLE).


In a report to Manila, labor attaché to Washington Helen Custodio said the more than two million OFWs in the US sent home only $3.7 billion to their families from January to November. Remittances during the same period last year reached $4.9 billion.


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                    [Focus] => 0
                    [AuthorID] => 1097338
                    [AuthorName] =>  Mayen Jaymalin
                    [SectionName] => Headlines
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Remittances from US down by $1.2 B

By Mayen Jaymalin | December 28, 2001 - 12:00am

Filipinos working in the United States are holding on to their dollars and are sending less money home. Remittances from overseas Filipino workers (OFWs) in the US fell by $1.2 billion (roughly P60 billion) in the...

Headlines