Philippine Leads Since decades the seafarers of Philippines have remained the biggest provider of ocean based workers out of the world’s estimated total 2 million seafarer workforce. During the period from 2016 to 2021 the Philippines deployed over 400,000 Filipino seafarers reflective of the country’s strong maritime strength, seafaring traditions and heritage. No doubt Philippines
Random Musings on Economy Part - I Curse of Banking Spread In the year 2008 the banking spread or rate difference between what banks pay as interests to depositors and what they charge on loans to business was 7.05 % which was the highest in the world . The banking spread in the US at
SDG's and Migration Scarce resources generate migration pressures accompanied with grave and complex regional and strategic implications. There are three Sustainable Development Goals (SDGs) related to migration namely reducing recruitment costs for migrant workers being indicator 10.7.1, reducing remittance costs (10.c.1) and increasing the volume of remittances as indicator 17.3.2. UN and World Bank now
Turkey with an extended coastline has 16 world class universities providing essential maritime disciplines which no doubt makes for significant inflow of remittances. Regional maritime countries need to invest in professional maritime merchant navy institutes to bolster their blue economy
Istanbul Airport facilitates Seafarers by opening a separate Desk at Immigration as they are a significant source of foreign exchange & remittances
