San Francisco Chronicle – Philippines Real Estate 2012

Today, in more than eighty countries, the contributions made by workers to their respective countries are being celebrated through Labor Day festivities.
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Philippines Real Estate & Medical Tourism

Today, in more than eighty countries, the contributions
made by workers to their respective countries are being
celebrated through Labor Day festivities.
May 1, 2012
Slide background

Philippines Real Estate & Medical Tourism

Today, in more than eighty countries, the contributions
made by workers to their respective countries are being
celebrated through Labor Day festivities.
May 1, 2012

Overseas Filipinos fuel property sector boom

Today, in more than eighty countries, the contributions made by workers to their respective countries are being celebrated through Labor Day festivities.

The impact of Filipino overseas workers (OFWs) on the Philippines’ economy continues to fuel growth and create wealth and opportunities throughout the country.

The estimated ten million overseas Filipinos worldwide (11% of the total population), are referred to as ‘modern day heroes’ by both the Philippine government and their fellow countrymen. Remittances from OFWs today account for 13.5% of the country’s gross domestic product (US$18.3 billion – up 7% from January to November of last year) and is expected to reach $20 billion in 2012.

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Today, in more than eighty countries, the contributions made by workers to their respective countries are being celebrated through Labor Day festivities.