MANILA, Philippines -- Sen. Edgardo Angara has urged the government to capitalize on the remittances of Overseas Filipino Workers (OFWs) as a viable investment source.
‘‘Money in the range of $12 to $14 billion per year constitutes an awesome money pool which can be partly channeled into sound investments. And this can only be done by the OFWs wisely if they are financially literate and they are well-versed with various investment choices,” said Angara, who chairs the Senate Committee on Banks and Financial Institutions. [Read more]
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