Overseas Pinoys send home more money due to calamities

Published by rudy Date posted on December 1, 2009

MANILA, Philippines – Due to recent calamities that hit the country and the coming Holiday season, Filipino workers in Canada and other countries have sent home more money to their families back home.

The country’s largest labor group yesterday reported that it has revised its previous projection of a drop in remittances from Filipino workers abroad.

“We are revising upward the expected remittances from OFWs, in view of stronger-than-expected inflows from Canada and Japan, as well as parts of Europe,” said Trade Union Congress of the Philippines secretary-general and former Senator Ernesto Herrera.

Herrera noted that the recent natural disasters that hit the country have driven many overseas Filipino workers (OFWs) to send more money to their families here for housing repairs and recovery spending.

He then estimated that the 2009 remittances from OFWs would grow by $500 million to $1 billion from last year’s figure of $16.426 billion.

TUCP previously projected a five to 10-percent drop in remittances this year mainly due to the lingering economic slump in the US, which is the country’s largest source of foreign inflows from migrant workers.

Of the $16.426 billion wired home by all OFWs from all parts of the globe in 2008, 48 percent or $7.825 billion came from those.

According to the Bangko Sentral ng Pilipinas, OFWs sent home through banks a total of $12.789 billion in the first nine months of the year, up $516.62 million or 4.21 percent from the $12.273 billion they remitted during the same period in 2008. –Mayen Jaymalin (The Philippine Star)

April 2025

World Day for Safety and Health at Work
“Safety and health at work every day!”

Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

Monthly Observances:

March – Women’s Role in History Month
April – Month of Planet Earth

Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week

Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work

Trade Union Solidarity Campaigns

No to Trafficking

Jobs! Jobs! Jobs!

Categories