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)
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
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against serious violations of protocols of
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Accept the National Unity Government (NUG)
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September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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