Bloomberg News

Philippines Says 2011 Remittance May Climb to $20.1 Billion

September 30, 2011

Sept. 30 (Bloomberg) -- Philippine overseas remittance may reach $20.1 billion by the end of the year, based on a 7 percent growth from 2010, central bank Governor Amando Tetangco said in a media briefing in Manila.

To contact the reporter on this story: Karl Lester M. Yap in Manila at kyap5@bloomberg.net

To contact the editor responsible for this story: Clarissa Batino at cbatino@bloomberg.net


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