Monday, January 12, 2009

Remittances hit as construction in Dubai slows

(DUBAI) As signs of a deep downturn in this Gulf city's once-buoyant property market multiply, those migrant workers who aren't forced to return are having problems sending money home, and their declining remittances may be a significant drag on the economies of South Asia.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,313843,00.html?

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