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The Department of Labor and Employment said in a report that Filipino
workers deployed overseas from Jan. 1 to Nov. 18 this year have
reached 991,461, only 8,539 short of the one-million deployment
target for 2006.
For the same period last year, total deployment was 893,073,
but it increased by 11 percent or 98,388 this year to 991,461.
The DOLE report said that land-based workers have reached 751,974
from January to November this year, up by 11.5 percent from the
674,138 deployed worldwide for the same period in 2005. Deployment
of overseas Filipino seafarers reached 239,487, posting a growth
of 9.4 percent from 218,935 from last year.
Labor Secretary Arturo Brion said he is optimistic foreign
remittances will approach the $13-billion mark by yearend.
Latest official figures of the Bangko Sentral ng Pilipinas show
that OFW remittances through the formal banking channels alone reached
$9.11 billion from January to September 2006, or 14.4 percent higher
compared to the same period last year.*
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