Report: “OFW remittances slowed down in Feb” — Central Bank
MONEY sent home by Filipinos working overseas may have continued to grow in February but in a slower pace, partly as a result of deployment bans that imposed by the government.
In a statement, the Bangko Sentral ng Pilipinas (BSP) said that remittances from overseas Filipinos coursed through banks rose to $1.6 billion in February, up by close to 6 percent versus the $1.5 billion that was sent during the same period from a year ago.
Report: Gab to discuss migration’s quirks in Asia, Middle East
MANILA–THIS city will be the venue for top labor officials across Asia to review attempts on improving their governments’ handling of overseas work.
These governments sending and receiving migrant workers will, at the Second Abu Dhabi Dialogue this April 17 to 19, attempt to find “bilateral, unilateral, and multilateral government actions” surrounding overseas employment.
Exclusive: Crisis won’t cut off Pinoys’ social security benefits from Spain
An OFW Journalism Consortium news flash exclusive
MANILA—AN economic crisis plaguing Spain will not stop the enforcement of a social security pact between Spain and the Philippines.
Social Security System (SSS) Vice President Judy Frances See told the OFW Journalism Consortium the Spanish government has not fallen short in providing the social security benefits of Filipinos even if these Filipinos have returned to the Philippines.
Exclusive: PAG-IBIG hands out P36B housing loans to OFWs
An OFW Journalism Consortium news flash exclusive
MANILA—THE Home Development Mutual Fund or the Pag-IBIG Fund, reported that some P36 billion in total housing loans have been granted to over-40,000 members who are overseas Filipino workers since 2007.
Tessie Gonzales, deputy chief executive officer of Pag-IBIG, told a recent forum on social security for OFWs that in 2011 alone, 26 percent of loans handed out the by fund went to OFWs.
Exclusive: Overseas Novo Ecijanos included in home province’s dev’t effort
An OFW Journalism Consortium news flash exclusive
MANILA—NUEVA Ecija, the country’s rice granary, has just included overseas Filipinos’ concerns in its local development efforts.
This was made possible by a migration-and-development plan formulated in a summit organized by the provincial government and a non-government organization recently.







