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OFW Remittances Should be Funneled to Investments
Strong remittances from overseas Filipino workers (OFWs) are expected to help prop up the Philippine economy. Speaking on ANC Business Nightly’s year-end roundtable discussion on Thursday, Bangko Sentral ng Pilipinas… Read more
7-Eleven Launches OFW Investment Program
Returning overseas Filipino workers who yearn for long-term financial growth in their homeland now have the chance to finance their own small business investment and become successful entrepreneurs as world-renowned… Read more
Internet Cafes Still Good Business?
In 2009 there are 5.955 million Internet users in the Philippines. That is up from 1.09 million in 1999. Now with a population of close to 100 million, Internet penetration… Read more
OFWs in Italy Learn More About SSS
Officials of Philippine pension fund Social Security System (SSS) recently went to Rome to inform more overseas Filipino workers about the benefits and services of being an SSS member. This… Read more
OFW Families Better Off Now as They Invest, Save More
The lives of overseas Filipino workers’ families have improved over the past five years, as they save more and spend less on paying for debts incurred for job placement abroad,… Read more
Encourage Kids to Save Money
Habits, good or bad, truly start young. In an effort to teach children the importance of money management, the Bangko Sentral ng Pilipinas (BSP) and partner institutions have embarked on… Read more
Former OFW Gamaliel “Jimmy” Itao Finds His Niche as Techno-preneur
Overseas Filipino workers (OFWs), especially those working as engineers, technicians and skilled workers, are among the best candidates for entrepreneurship of the innovative type. In the first place, OFWs manifest… Read more
OFWs Urged to Invest in Stock Market
Overseas Filipino Consulting Firm Inc. incorporator, Donna Babadilla-Puzon, urged Overseas Filipino Workers to invest in the stock market as the Christmas season approaches, a press release from OFIC said. The… Read more
OFWinner Caravan by Filinvest Takes Europe by Storm
The overseas Filipino worker is truly a winner. This is the message carried by leading property developer Filinvest in its successful OFWinner caravan as it traveled across key European cities…. Read more
Savings System Membership Must for Overseas Filipino Workers
The Pag-IBIG Fund membership has been made mandatory for all Overseas Filipino Workers (OFWs) as a pre-requisite for the issuance of an overseas employment certification, a Philipine Embassy spokesperson has… Read more