Wednesday, August 15, 2012

Overseas Filipino remittances up by 5% to P10 B in 1st half

INQUIRER - Remittances from overseas Filipinos in June totaled $1.8 billion, up by 4.2 percent compared with June last year, the Bangko Sentral ng Pilipinas announced Wednesday.

This brought remittances during the first half of the year to $10.13 billion, up 5.1 percent from remittances during the same period last Year.

The biggest sources of remittances in the first half were the United States, Canada, Saudi Arabia, Japan, United Kingdom, Singapore and the United Arab Emirates.

For latest update on real estate development and its RA 9646, the Real Estate Service Act of 2009, visit www.ra9646.com.

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