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A Big Remittance Company Rides on Growth

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A giant money remittance company aggressively moves to increase its market share amid the forecast of a Japanese company that the remittance market in the Philippine will grow by 5.2 per cent this year. Image: Simon Millard, Country Director of Western Union Australia, left, Patricia Z. Riinger, Senior Vice President of Southeast Asia & Oceania, Western Union (SBS Filipino)


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By Ronald Manila

Source: SBS



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A giant money remittance company aggressively moves to increase its market share amid the forecast of a Japanese company that the remittance market in the Philippine will grow by 5.2 per cent this year. Image: Simon Millard, Country Director of Western Union Australia, left, Patricia Z. Riinger, Senior Vice President of Southeast Asia & Oceania, Western Union (SBS Filipino)


Nomura estimates that remittance to the Philippines by the Overseas Filipino Workers (OFWs) will grow despite many issues two million OFWs in the middle east face.

 


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