DFA issues warning against an illegal recruiter in Vietnam

Posted on April 8th, 2009 by Roy

It is unfortunate that even in this time of global economic crisis, there are still unscrupulous individuals who prey on people who seek employment to provide for their family’s need. The Department of Foreign Affairs (DFA) recently issued a warning to all Filipinos who wish to work abroad, particularly in Vietnam.
The DFA has issued the [...]

OWWA grants financial assitance to 50 displaced OFWs

Posted on April 8th, 2009 by Roy

The Philippine government recently announced an initiative that will help displaced overseas Filipino workers (OFWs) become entrepreneurs by providing them, through the Overseas Workers Welfare Administration (OWWA), a livelihood loan of P50,000.
The OWWA recently reported that fifty displaced OFWs from Western Visayas have availed of this program from the agency. The loans are intended to [...]

Arroyo approves lifting of deployment ban to Jordan and Lebanon

Posted on April 1st, 2009 by Roy

The Department of Labor and Employment (DOLE) said that President Gloria Macapagal Arroyo has already approved the recommendation for the lifting of the ban on deployment of Filipino workers to Jordan and Lebanon. However, the decision as to when to put this lifting of ban will be implemented is left to the DOLE.
Executive Secretary Eduardo [...]

Job opportunities for Pinoys await in Korea and Canada

Posted on March 21st, 2009 by Roy

“The substance is basically concluded and we are just arranging the time for the signing of the new Employment Permit System (EPS) agreement. Probably by May the signing can already push through,” labor assistant secretary Reydeluz Conferido said, as he reports that thousands of jobs await Filipino workers in South Korea and Canada.
The Department of [...]

Turning job seekers into entrepreneurs

Posted on March 11th, 2009 by Roy

In these times where talks of the effects of the global recession just wouldn’t subside, especially with the hundreds of OFW’s who were displaced because of their employers being severely affected by it, the country is once again faced with the rising unemployment problem.
To add up to the displaced OFWs are the local workers who [...]

Job opportunities for Filipinos in New Zealand

Posted on March 5th, 2009 by PinoyBusiness

While some overseas Filipino workers (OFW) in some countries are displaced and sent home ahead of their contracts, New Zealand looks to hiring more Filipino workers as it opens up more jobs. What’s ironic is that New Zealand has strict and demanding selection criteria for migrant workers.
But Philip Burdon, chairman of the Asia New Zealand [...]

OWWA To Provide Loans To Displaced OFWs

Posted on February 5th, 2009 by PinoyBusiness

Believing that entrepreneurship is the answer to the looming effect of the global recession in the country, the government is taking steps to turn displaced Overseas Filipino workers (OFW) into entrepreneurs.
In a livelihood project that will be started by the Overseas Workers Welfare Administration, laid off OFWs can avail of a loan up to P50,000 [...]

Integrated Immigration Database System for OFW’s

Posted on December 19th, 2008 by PinoyBusiness

The implementation of an integrated immigration database system in the Gulf Cooperation Council has made Hong Kong based regional migrant group lashed out Sunday. They say that the new measure could not guarantee the protection of foreign workers’ human rights. The Asia Pacific Mission for Migrants (APMM) said that the operation of the new database [...]

Skype Rival: Smart Communications

Posted on December 14th, 2008 by PinoyBusiness

Smart Communication is keen on launching a new service that will rival Skype. This new service comes with their new product called Plug N Text, a USB thumb drive pre-loaded with a “softphone” application developed by Smart.

This new service which is targeted at Filipinos abroad, will allow PC-to-PC and PC-to-mobile calls as well as short [...]

Coffee Farming Business

Posted on December 9th, 2008 by PinoyBusiness

In these times of rising prices of rice and OFW’s going home because of the recession, one commodity could provide promise for the country, and that is coffee. Quite overlooked because of bigger events hugging the headlines, coffee farming could bring hopes to farmer.
Just look at these details from Nestle Philippines Inc.: Estimated [...]

Executive Order 758 Equals the Impact of Foreign Investment Code and Omnibus Investment Code

Posted on December 8th, 2008 by PinoyBusiness

In President Gloria Macapagal-Arroyo’s State of the Nation Address, she mentioned that jobs in the next years must be generated. But a year after her SONA, results from Statistics seem to be in opposition with her statement.
A recorded 7.3 million underemployed and 2.7 million unemployed Filipinos in July shows that the President’s promise is [...]

Brain Drain Threatens Tourism in the Philippines

Posted on November 27th, 2008 by PinoyBusiness

According to Amadeus Philippines, the continued migration of Filipino tourism workers can eventually cause local industries to scale down their operations.
“A total of 12% is the number of Filipinos who are in the tourism industry who leaves the country in order to work abroad,” said Albert Villadolid general manager of Amadeus Philippines.
Joseph Ace H. Durano, [...]

Franchise Tips For Filipinos and OFW’s

Posted on November 25th, 2008 by PinoyBusiness

The growing awareness of the Filipinos made franchising successful, but the guidance of franchise consultants in the Philippines made multibillion-peso growth possible. These growth phenomena will not be happening without their help.
Consulting firms continue to fine-tune the craft of cloning modest-sized Filipino enterprises into successful multiple-outlet franchised operations. They ease startup or expansion pains of [...]

Say Goodbye to Brain Drain?

Posted on November 24th, 2008 by PinoyBusiness

This is the time to win back more brains to return home. After the big brain drain that happened in the late 1970s to later 1990s, it is time for the skilled individuals to come back. Typically, brain drain refers to the professionals who go abroad in search for greener pastures. The Philippines is in [...]

Iraq Needs OFW’s (Oversees Filipino Workers)

Posted on November 23rd, 2008 by PinoyBusiness

The Iraqi government is set to reconstruct their country next year. Starting 2009, they are planning to renew their infrastructure and they would be needing thousands and thousands, maybe 10 million workers, said Adel Hamoudi, charge d’affaires of the Iraqi embassy in Manila. “We really need Filipinos’ help,” Hamoudi added.
This could bring hope to our [...]

Malacanang Won’t Lift Ban Against Iraq

Posted on November 19th, 2008 by PinoyBusiness

The Philippine government will not lift the ban on Filipinos going to Iraq. Malacañang said on Wednesday that it will not lift the order barring Filipinos from going and working in Iraq. This, despite the request of the Iraq’s envoy to the Philippine government to lift the said order.
Late last month, Falih Al-Assadi, charge d’affaires [...]

Remittances from Overseas Filipino Workers (OFW) Lowers

Posted on November 14th, 2008 by PinoyBusiness

Remittances from Overseas Filipino Workers have reached a record breaking US$14.4 billion last year. This year the Bangko Sentral ng Pilipinas (BSP) forecasted remittances to reach $16 billion this year, while it was expected to continue its upward trend and reach up to $18.9 billion in 2009.
However, from the looks of things, it seems that [...]

Business for OFW’s Returning to the Philippines

Posted on November 13th, 2008 by PinoyBusiness

With the looming problem of Overseas Filipino Workers being sent home because of the global financial crunch, questions of job availability for them is a great concern. And if ever there’s a job for them, salaries may not be as much as what they used to earn overseas.
Our heroes who help saved the country’s economy [...]

The New Filipino Middle Class

Posted on November 8th, 2008 by PinoyBusiness

This is a very optimistic take on the current economic condition of the Philippines, what with the financial crisis and all. It should be noted that the whole proposal of the new Filipino family being middle-class – 10 million of them – as compared to that of an American middle-class family whose assets are practically [...]

OFW Remittance Growth Rate Slows

Posted on November 7th, 2008 by PinoyBusiness

Former Senator Ernesto Herrera, the current secretary-general of the Trade Union Congress of the Philippines (TUCP) issued a statement revising the earlier projected average annual compounded growth rate (ACGR) in remittances sent home by overseas Filipino workers (OFWs) from 15 percent to 10-12 percent.
This however, does not indicate any decline in remittances, only slower-than-expected [...]