OFW remittance growth may continue slide next year — ADB - Business - GMANews.TV - Official Website of GMA News and Public Affairs - Latest Philippine News

OFW remittance growth may continue slide next year — ADB - Business - GMANews.TV - Official Website of GMA News and Public Affairs - Latest Philippine News: "The growth in money sent home by Filipino workers abroad may slow next year as Asia continues to reel from the slowing global economy, the Asian Development Bank said in a recent study....

The ADB said the profile of Filipinos working and living overseas have changed. Traditionally, it said, the Philippines had sent out low-skilled workers but now, a larger share of migrants comes from the high-skilled sector.

Gender composition of Filipino migrants has also changed. Before, males made up the majority, but with increasing demand for nurses, the share of female migrants has increased significantly."