BusinessWorld Online Edition: May remittances hit record $1.6B, raise tally to $7.4B

BusinessWorld Online Edition: May remittances hit record $1.6B, raise tally to $7.4B: "'These are the key factors that support the optimistic outlook for sustained remittance flows through the rest of 2010,' the central bank added.
Citing data from the Philippine Overseas Employment Administration, the BSP said first half job orders totalled 302,844, of which 35% consisted of service, professional, technical and production related positions. Saudi Arabia, the United Arab Emirates (UAE) and Taiwan accounted for the bulk of this segment."