Officials spray disinfectant on luggage of disembarking Filipino overseas workers at a seaport in Cebu City. Photo: EPA Officials spray disinfectant on luggage of disembarking Filipino overseas workers at a seaport in Cebu City. Photo: EPA
Officials spray disinfectant on luggage of disembarking Filipino overseas workers at a seaport in Cebu City. Photo: EPA

As coronavirus upends livelihoods, will record transfers cause a remittance crash in Asia?

  • Remittance doomsayers see something else in the larger than usual transfers: a coming crash, triggered by a bleak job market
  • The Philippines government, for example, expects almost 300,000 overseas Filipinos to come home this year, with potentially severe consequences

Topic |   Coronavirus pandemic
Officials spray disinfectant on luggage of disembarking Filipino overseas workers at a seaport in Cebu City. Photo: EPA Officials spray disinfectant on luggage of disembarking Filipino overseas workers at a seaport in Cebu City. Photo: EPA
Officials spray disinfectant on luggage of disembarking Filipino overseas workers at a seaport in Cebu City. Photo: EPA
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