Foreign Currency
On average, overseas Filipino workers (OFWs) are charged 10.57%  for every $100 that they remit. Bertiz wants this lowered to 5%. He argued that banks can still reduce remittance charges, noting that non-bank remittance centers are charging as low as 3% in fees. “Reducing the cost of bank remittance services to 5% would mean some $1.5 billion or P80.1 billion in cost-savings and extra money in the pockets of our migrant workers and their families every year,” he stated. Slashing remittance fees would help ease OFWs’ financial struggles brought about by rising prices at home. The country’s inflation rate shot...
Fake Online Jobs
Fake Overseas Job Openings Advertised Online The POEA reported that many job applicants recently inquired about a public Facebook group “Now Hiring Work Abroad 2018” that advertised job offers for various positions in the United States, Canada, United Kingdom, Japan, New Zealand, Australia, and other countries. Readers of the Facebook ads were asked to email their resume to an online job site. The job offer included attractive benefits such as high salary, high overtime pay rate, paid vacation leave, free transportation, free food and accommodation, and more. But then applicants were also required to pay for processing fees for their...
Facebook and OWWA to provide business training for Overseas Filipino Workers
The Overseas Workers Welfare Administration (OWWA) has teamed up with Facebook to empower Overseas Filipino Workers (OFWs) with digital literacy and business training starting in July. The agency believes that this is a timely and relevant step amid the onset of technology. Digital Literacy Clair Deevy, Facebook Asia-Pacific director for community affairs, pointed out that the one-hour training will impart significant insights to our OFWs. It will teach them the importance of keeping safe and secure on social media. The program consists of a module accessible for departing Filipino workers. Informational videos are posted on OWWW social media platforms and...
Senate of the Philippines
The Senate now moved to make sure OFWs receive enough protection and hence, an adequate standard operating procedure is implemented to alter any diplomatic complications every time a distressed OFW is being rescued. The Chairman of the Senate Committee on Labor, Senator Emmanuel Joel J. Villanueva told the reporters that “there is a need to change the status quo and improve the condition of Filipino workers abroad,” after he presided over the joint hearing with the Committee on Foreign Relations and Economic Affairs. The said joint hearing discussed the reported death and abuse of our fellow Filipino workers abroad. Villanueva...
Almost exactly 12 years ago, $1 was worth more than P56. Five months later, it was down to less than P52, and in due time went as low as P40. Other currencies in the region moved similarly, as weakness in the US economy and the dollar was driving it all. Government economic managers asserted then that the rising peso (that is, the falling peso-dollar exchange rate) was good news for Filipinos. Last week, the exchange rate breached P51 to the dollar anew. It was under P50 five months ago, and just above P46 a year ago. The rapid fall of...
Nowadays, it has becoming socially acceptable for mothers to work outside due to the increasing economic demands. Filipino mothers have opted to work abroad and toughly endure the consequences of living away from their families in exchange for a better and brighter future for their loved ones. Despite homesickness, work pressure, family problems, etc., they stand strong with hopes that all these sacrifices would lead to a happy life they are dreaming for their families. But what if your only source of strength and hope has been murdered by the administration you campaigned for and supported? Anguished Arrivals Going back...
Philippine passport's validity extended to 10 years
On August 2, 2017, President Rodrigo Duterte signed the law extending the validity of Philippine Passport from 5 to 10 years for adult passport holders while retaining the 5-year validity for minors. Amendment of RA 8239 Known as Republic Act 10982 which amended the RA 8239 or the Philippine Passport Act of 1996, this new promulgation tasks the Department of Foreign Affairs (DFA) to design the implementing rules and regulations (IRR) in order to execute the new passport validity. This law could also work to the advantage of DFA as this would ease up their workload since it would mean...