Philippines lands 4th in remittances (OFW) in 2008
The Philippines placed 4th in Worldbank’s world’s top recipients of remittances list, thanks to the $16.43 billion that overseas Filipino workers (OFWs) sent home in 2008.
Rounding up the top 10 are: India ($45 billion), China ($34 billion), Mexico ($26 billion), landing in fifth place is Poland with $11 billion, Nigeria ($10 billion), Egypt ($9.5 billion), Romania ($9 billion), Bangladesh ($9 million), and Pakistan ($7 billion).
The pace of remittance growth is an indicator of consumer spending, the fate of the country’s currency, and other hints of upcoming economic data.
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April 11th, 2009 at 12:16 pm
is that something to celebrate?
April 11th, 2009 at 12:57 pm
I don’t think so. We should be the one who serve by other nation, not to be a servant of other nation.
April 11th, 2009 at 1:33 pm
pinyata is so pathetic! kindly read the whole article or maybe you just read them without understanding. eewwww!!! cubie, are you pinyata’s relative?! both of you have the same thinking. hahaha!!!
April 11th, 2009 at 2:22 pm
o di ba we are a NATION OF SERVANTS nga naman talaga…
April 11th, 2009 at 2:48 pm
thats y standard salary rate dyan sa pilipinas was intentionally very low compared to malaysia brunai and singapore para mapilitan ang mga pilipino mag abroad kasi malaki ang return sa government through remittances kaysa mga regular income tax lang locally… in fairness sa ASEAN isa ang pilipinas sa mayaman na bansa pero yun government natin ginawa tayong pulubi sa mata ng mundo just to gain more form its people’s sacrifice….
April 11th, 2009 at 3:43 pm
kunsabagay, mas malaki nga nman ang tax na makukuha ng government natin kung sa abroad magtatrabaho ang pinoy kesa nga nman dito sa Pinas na konti ang kanilang nakukuhang tax….pahirapan pa bago makuha.
April 11th, 2009 at 9:33 pm
afaik, wala pong tax ang OFW remittances. doon po sila bansang pinagtatrabahuhan nila kinakaltasan ng tax. ang talagang habol ng gobyerno ng Pilipinasa sa mga OFW ay yung foreign currency, esp. US$, na pinapasok nila sa bansa dahil it will help our economy a lot.
April 11th, 2009 at 9:58 pm
excuse me! hindi ako servant sa ibang bansa. ako ang boss dito sa pinagtatrabahuhan ko. marami akong servants from other nations. kaya wala akong dapat ikahiya kung nagtatrabaho man ako dito sa ibang bansa. ikaw ang nakakahiya! alipin ka sa sariling bansa. ewwww…
April 12th, 2009 at 7:52 am
may nakukuha bang income tax ang pilipinas sa mga OFW? ang alam ko kasi, non-resident citezens such as OFWs are only tax from sources within the Philippines…
April 12th, 2009 at 7:54 am
may nakukuha bang income tax ang pilipinas sa mga OFW? ang alam ko kasi, non-resident citizens such as OFWs are only tax from sources within the Philippines…
April 12th, 2009 at 1:45 pm
@doomsday binasa ko yan kaw cguro di naka intindi… kapamilya ka kasi kaya wla kang utak…. well obviously your mind is in the level of a cockroach…
April 13th, 2009 at 2:05 am
wla taga utak e2ng c pinyata…hndi nya naintndhan kaya ganun nlang ang comment nya…kakahiya…lol..ewwwww!!!!
April 13th, 2009 at 2:08 am
wla tlaga utak e2ng c pinyata…hndi nya naintndhan kaya ganun nlang ang comment nya…kakahiya…lol..ewwwww!!!!
April 13th, 2009 at 7:30 am
@pinyata … mukha ka bang pinya na maraming mata?? mag palagay ka kaya salamin para mabasa mo mabuti ang mga nakasulat… o baka no brain ka puro ka lang mata nyahahahaha
April 13th, 2009 at 12:59 pm
haha inggit ka bah? pati pangalan ko kina inggitan…hahaha looserrs kawawa kayo mga mahihirap…hahahaha kayo wlang utak kasi kapamilya kayo wlang breeding…
April 13th, 2009 at 1:20 pm
eh mas nation of servants pa pala ang china dahil 2nd place sila.
April 13th, 2009 at 9:54 pm
omg! ano bang klaseng pag-iisip ang mga nagcocomment dito. hindi porket nagreremit ng dollars ang isang bansa ay servants na sila. ang iba may mga business sila sa ibang bansa. tulad ng china. hello!
April 14th, 2009 at 10:17 am
Iba na talaga mga tao ngayon noh? kapwa Pilipino nagpipintasan, ang mga mahihirap lalong humihirap, ang mga mayayaman lalong yumayaman… mga lider nating naturingan hindi marunong mag lead…cnicguro lang sarili nila…ang iba naman porket sila ang boss kung makaasta para na kung sino…ganito na bah talaga kagulo at kayabang ang ibang Pilipino ngayon? HINDI ko po nilalahat…PEACE
April 14th, 2009 at 6:43 pm
this is just a matter of fact report like the ones you look up in the yearly almanac.
no need to get hysterical or emotional.
in this age of globalisation, capital (both financial and human) go to wherever they
are needed and wherever the most profit is reasonably assured.
terms like “maging alila, maging alipin, nagpapaalila” etc are getting trite and boring.
you go where the jobs are. you invest where you will earn.
April 17th, 2009 at 2:30 am
to pinyata:
kaya pala meron katuturan and una mong comment! ang dating pala nun nagbasa ka na. hahaha!!! ang MAHIHINA ay MASASAWI. mahihina ang utak tulad ni pinyata. bwahaha!!!
April 17th, 2009 at 3:52 am
^^^ bakit pag kapamilya B0b0?
April 20th, 2009 at 4:04 pm
fool pinyata..ikaw po b0b0 eh..isip ngah, kung may isip ka ha..XD