Realtor’s success proves gov’t support key to OFW business dev’t

Written by Marlene H. Elmenzo on . Posted in 2007-News-Packet-Vol-06-01

TAGUIG CITY–BUILDING and selling high-end houses in a war-torn land like Jolo might appear surreal for some investors, especially overseas Filipino workers.

For former OFW Michael Abubakar who claims a successful realty business in his hometown, links with government is key.

Abubakar was recently awarded by a government-backed group for investing in this third class municipality and capital of Sulu.

Women OFWs prop up spouses, business

Written by Marlene H. Elmenzo on . Posted in 2007-News-Packet-Vol-06-01

TAGUIG CITY—WHEN two men here felt a great financial need, they turned to their wives, proving the resourcefulness of Filipino women even when they are indirectly involved in business.

Take Leticia Marrero, for one, who worked as a domestic helper in Hong Kong to prevent her husband from selling a lot that he inherited from his parents.

The couple now owns and operates a resort in the Mountain Province, far north of here where they were awarded by a government-backed group for their inspiring business story.

Steady supply stops skill spill, social savant says

Written by Jeremaiah Opiniano on . Posted in 2007-News-Packet-Vol-06-01

MANILA—THEY are the armies of salvation; the nearly million entrants to the country’s labor force, which an economist said ensures the steady supply of skills for the economy.

“We simply have too much labor,” Doctor of Philosophy holder Alvin Ang told the OFW Journalism Consortium (OFWJC) ®. Ang last month presented his research in public that affirms the continuing export of labor doesn’t necessarily contribute to the phenomenon called “brain drain.”