{"id":278967,"date":"2020-12-17T21:02:56","date_gmt":"2020-12-18T02:02:56","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=278967"},"modified":"2025-01-14T08:58:21","modified_gmt":"2025-01-14T13:58:21","slug":"higher-remittances-due-to-ofws-desire-to-help-kin","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/12\/17\/higher-remittances-due-to-ofws-desire-to-help-kin\/","title":{"rendered":"Higher remittances due to OFWs’ desire to help kin"},"content":{"rendered":"
\"\"<\/a>
FILE: Overseas Filipino workers (OFWs) heading to their hometowns after completing mandatory quarantine queue at the departure area of Ninoy Aquino International Airport Terminal 2 during a send-off on Tuesday (May 26, 2020) (PNA photo by Avito C. Dalan)<\/figcaption><\/figure>\n

MANILA<\/strong>\u00a0\u2013 The Overseas Workers Welfare Administration (OWWA) on Thursday said the desire of overseas Filipino workers (OFWs) to help their families in the country during the coronavirus disease 2019 (Covid-19) pandemic has contributed to the increase in remittances in the past months.<\/p>\n

\u201cWe actually see our OFWs are more than willing to help their families here. They send their savings and salaries. It\u2019s no longer a surprise that our remittance level is slowly getting back to normal,\u201d OWWA head Hans Leo Cacdac said during a Laging Handa briefing.<\/p>\n

Cacdac said they also see the deployment of OFWs as another factor in the increase of remittances.<\/p>\n

\u201cThe deployment rate increase by 20-40 percent, but of course that is not the normal deployment rate pre-Covid,\u201d he added.<\/p>\n

On Wednesday, the Bangko Sentral ng Pilipinas reported that OFWs personal remittances grew by 2.5 percent to $3.04 billion in October 2020 compared to the same month last year at .<\/p>\n

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97 billion.<\/p>\n

Meanwhile, Cacdac expressed support for the passage of House Bill 7951, or the proposed Overseas Filipino Workers Remittance Protection Act.<\/p>\n

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<\/p>\n

\u201cIt is a welcome development, it is only proper that as much as possible they will be getting the hard-earned money in full without imposing charges,\u201d he said.<\/p>\n

On Tuesday, the House of Representatives approved on third reading the bill that seeks to limit charges and provide discounts on remittance fees being charged to OFWs.<\/p>\n

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<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0\u2013 The Overseas Workers Welfare Administration (OWWA) on Thursday said the desire of overseas Filipino workers (OFWs) to help their …<\/p>\n","protected":false},"author":44,"featured_media":256246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[],"class_list":["post-278967","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","mauthors-ferdinand-patinio","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/278967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=278967"}],"version-history":[{"count":2,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/278967\/revisions"}],"predecessor-version":[{"id":284189,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/278967\/revisions\/284189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/256246"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=278967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=278967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=278967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}