Remittances to the Philippines reached record levels in the year 2013.

The Department of BSP. (Source: Philstar. Com) This amount increased 6. 4% compared to the year 2012 and higher than expected 5% of a bank BSP earlier this year. The BSP said the growth of remittances has also supported economic activity of the country, accounting for 8.

4% of total products of Bicycle accessories of domestic products in 2013. In December 2013, overseas Filipino workers sent home 2. 2 billion, an increase of 9.

1% from the same period a year ago. The amount of money needed, land-based workers posted on water accounting for 77. 1% of total remittances, increased by 6% compared with December, 2012, while sea-based workers need amount of money sent to increase 7. 9%. The remittance flows to the Philippines đẵn from countries such as USA, By Saudi Arabian ho bag, UK, United Arab Emirates, Singapore, Canada and Japan, according to the BSP, the remittances increase thanks to strong demand for skilled Filipino workers abroad, particularly in the Middle East.

Citing data from the Bureau of labor management outside the Philippines, the Bank BSP said 1. 8 million people have tuberculosis Philippines has been developed to work in foreign countries in 2013. The Agency also said, over 793,400 job orders were ratified last year, 40. 9% of which is for the services sector, and and the type of work involved and technical expertise. The order has been set aside for the human needs more in countries and regions such as the Saudi Arabian gang, The Arab Emirate, Kuwait, Taiwan and Hong Kong (China), Qatar.

In addition to creating the demand for Philippine labor firmly, BSP said the strengthening of the presence worldwide of the local banks and other financial institutions approved by the set up new offices or establish relations with foreign partners have made overseas Filipino workers send money home more easily and more safely.

As of the end of December 2013, more than 4,700 vehicles Philippine garment Phuot communicate in the business banking, remittance centers, branch banks and representative offices abroad.