Remittances up 6% on year, slowest in 5 months
MANILA, Philippines – Remittances growth slowed to a 5-month low in February, amid a strong peso and the weak recovery of the jobs market abroad.
Money sent home by Filipinos in February reached P1.7 billion, up 6% which is the slowest since September.
The Bangko Sentral itself expects remittances to moderate this year to just 5% from last year’s 6.3% amid lingering global economic uncertainties, with unemployment in the US and Europe remaining high.
But the BSP says the jobs outlook is lifted by an increase in the monthly minimum wage in Taiwan, Hong Kong hiring workers for its infrastructure projects and a lifting of the ban on OFW deployment in Iraq and Yemen. – ANC
20 February –
WORLD DAY OF SOCIAL JUSTICE
“Every day, give everyone their due.
Every day should be Social Justice Day!
The only way”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
February Observances
1-7 Feb: World Interfaith Harmony Week
01 Feb: World Wetlands Day
02 Feb: International Day of Human Fraternity
04 Feb: International Day of Zero Tolerance
for Female Genital Mutilation
11 Feb: International Day of Women and Girls
in Science
20 Feb: World Day of Social Justice
Monthly Observances:
National Health Insurance Month
Weekly Observances:
Week 1: National Awareness Week
for the Prevention of Child Sexual Abuse
and Exploitation
Week 3: Public Administration Week
Daily Observances:
Feb 1 Constitution Day
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