Over the last decade, remittance flows from diaspora communities to their countries of origin have been steadily increasing. With governmentRead more
Dubai: Filipino expatriates in the UAE slammed a draft law filed in Manila that would compel them to regularly send money to their family back home or risk not getting their passports renewed.
A draft law filed in the Philippine Congress aims to make remittances mandatory and regular for all Overseas Filipino Workers (OFWs) with legal dependants in the Philippines. Called House Bill 3576, the draft law, if approved, will authorise heads of Philippine missions to not renew passports of “erring OFWs” unless they show proof that they regularly send money home.Read more
The International Fund for Agricultural Development (IFAD) based in Rome Italy, has recently published a Request for Proposal on the United Nations Global Marketplace portal (www.ungm.org) for recruiting a company with expertise in baseline researches. The RFP is open to both commercial firms and not-for profit institutions.Read more
Last year Peru received $2.7 billion in remittances, a figure that represents a 2.9 percent drop compared with 2012, the central reserve bank said in a report to which Efe had access Monday.
In the fourth quarter of 2013, the money sent home by Peruvian emigrants totaled $708 million, some $8.5 million less than in the same period of 2012, according to the report.Read more