MANILA – Personal remittances for the first five months of the year totaled $9.3 billion, representing a 5.5 percent increase from the level registered in the same period last year, Bangko Sentral ng Pilipinas Governor Amando Tetangco, Jr. announced yesterday.
The steady expansion in personal remittances during the five-month period in 2012 was underpinned by the sustained growth in transfers from land-based overseas Filipino workers with work contracts of one year or more (by 2.7 percent), as well as sea-based workers and land-based workers with short-term contracts (by 14.7 percent).
For May 2012, personal remittances from OFWs rose year-on-year by 5.2 percent to reach almost $2.0 billion.
Kabankalan barangay gets
first livestock breeding hub
Barangay Pinaguinpinan, Kabankalan City, is the first barangay in Negros Occidental to have a breeding center on a four-hectare property to house farm animals and will be turned over by the Provincial Veterinary Office tomorrow, Provincial Veterinarian Dr. Renante Decena, said yesterday.
The breeding center will house 10 Brahman cows, a bull, and 20 Dorper and Damara ewes and a ram given through the Negros First Dispersal Program of Gov. Alfredo Marañon, Jr., Decena said.
He said the barangay council passed a resolution for the establishment of the breeding center that was recommended by Kabankalan Mayor Isidro Zayco and later approved by Marañon.
2,786 deployed for
The Public Employment Service Office of Bacolod City has placed 2,786 skilled and professional workers last month, 2,740 of which were deployed locally and 46 overseas, Moises de la Cruz, PESO manager said, yesterday.
Local hirings were mostly for skilled work, job orders, and security guards, while nurses and domestic helpers topped the overseas employment, de la Cruz said.
In demand jobs abroad, were for mechanics, electricians, mechanical engineers, masons, carpenters, steel fabricators, civil foremen, secretaries, safety engineers, painters, and scaffoldings, he added.