Filipinos send home record 14.4 bil. dollars in 2007: bank

Fuente: The China post 15-Mar-08

MANILA -- Money sent back to the Philippines by its army of migrant workers grew 15 percent from a year earlier to US$1.3 billion in January, the central bank said Friday. This followed record remittances of US$14.4 billion in 2007, a 13.2 percent rise over the previous year. "Monthly remittance flows have been surpassing the billion-dollar mark since May 2006," the bank said, and are expected to reach US$15.7 billion for the calendar year 2008.