Login
To share your thoughts
Don't have an account?
Check your inbox
We just sent a link to your inbox. Click the link to continue signing in. Can’t find it? Check your spam & junk mail.
Didn't get a link?
Sign up
Ready to get started
Already have an account?
Check your inbox
We just sent a link to your inbox. Click the link to continue registering. Can’t find it? Check your spam & junk mail.
Didn't get a link?
Join Rappler+
How often would you like to pay?
Monthly Subscription
Your payment was interrupted
Exiting the registration flow at this point will mean you will loose your progress
Your payment didn’t go through
Exiting the registration flow at this point will mean you will loose your progress
MANILA, Philippines – Filipino sailors sent home a new record high of $6.14 billion or around P318.55 billion* in 2018, party-list group ACTS-OFW announced on Sunday, March 3.
The home deposits from the seafarers comprise 19% of the total remittances of overseas Filipino workers (OFWs) in 2018, which hit an all-time high as well, amounting to $32.21 billion despite the Philippines' cooling economy.
The total remittances amounted to 9.7% of the country's gross domestic product, and 8.1% if its gross national income for 2018.
According to data gathered by the ACTS-OFW party list, the top sources of cash transfers from Filipino sailors last year were from the following countries:
Filipino seafarers serve in all kinds of maritime vessels, from bulk carriers to cruise ships, serving from the control rooms to the kitchens and down to the engine rooms.
With this, ACTS-OFW called for the funding of state universities and colleges to put up and expand maritime institutes. – Rambo Talabong/Rappler.com
*1$ = P51.88