Independent journal on economy and transport policy
08:31 GMT+2
Filipino seamen's remittances up sharply
(Shipping Times)
May 8, 2000
Last year's figure of US$846m, triple the amount in 1998, is puzzling officials
By Alec Almazan
THE US$846 million (S$1.4 billion) Philippine seamen onboard foreign vessels sent home last year is baffling the country's labour and Central Bank officials. The amount is more than triple the figure of US$274 million posted in 1998 and represents the biggest ...... Read more on Shipping Times
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