Remittances seen to have grown 6% in January
13 March 2010
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REMITTANCES ARE EXPECTED to have grown by at least 6 percent in January from a year ago, with the global economic recovery allowing companies offshore to rehire workers laid off earlier, if not employ new ones.
This was the forecast of the Bangko Sentral ng Pilipinas, which said that remittance growth in January likely exceeded the full-year target of 6 percent.
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