Remittances Up 5.1% as of November 2016

Remittances grew to $2.4 billion in November last year, up by 18.4 percent from a year ago. This brought total remittances for the first 11 months of 2016 to $26.9 billion, up 5.1 percent from the same period a year ago. A slight drop was registered in money coming in from sea-based workers, as deployment of Filipino seafarers tightens due to competition from East Asia and Eastern Europe…

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