‘PH seamen cash transfer to pass $6b this year’
November 24, 2019 http://manilastandard.net/mobile/article/310939
The cash sent home by Filipino sailors via bank channels alone is projected to surpass the $6-billion mark this year, the ACTS-OFW Coalition of Organizations said on Sunday.
“We expect the annual cash transfers from Filipino officers and ratings on international ocean-going vessels to continue to increase by mid to high single-digit rate,” said ACTS-OFW chairman Aniceto Bertiz III.