Experts
say OFWs not ready for market
QUEZON CITY–EVEN if some returning overseas Filipino workers
parked their money into investment products here at home, finance
experts think OFWs are not yet ready for these kinds of financial
instruments. This, they say, is especially true if OFWs are not familiar
with these products, and are not financially literate. WILLIAM ALZONA
and ISAGANI DE LA PAZ outline their observations in this report for
the OFW Journalism Consortium. Full
story
Q
and A with Antonio Ranque
‘Internet improves investment initiatives’ QUEZON
CITY—HE’S his own guinea pig. Former overseas Filipino
worker turned stock trader Antonio V. Ranque applies his trial-and-error
style on the Philippine Stock Exchange trading board on himself first
before giving solicited advice. He shares his findings to OFW Journalism
Consortium editor DENNIS D. ESTOPACE in this one-on-one interview.
Full story
Dutch
offers treat for OFW
MAKATI CITY-- WHAT'S with the Filipinos and the Dutch? The Netherlands
have been the long-time home for the Philippine government's political
foes and an estimated 12,000 to 15,000 Filipino workers and migrants.
Now, that country's second largest bank is leading initiatives in
capturing money of overseas Filipino workers (OFWs) for investment.
WILLIAM ALZONA reports for the OFW Journalism Consortium.
Full
story
Despite
soured deal, groups offer OFWs to milk dairy industry
QUEZON CITY-- DESPITE the soured deal between the National Dairy Authority
and the Economic Resource Center for Overseas Filipinos, executives
of both group bank on the dairy industry for migrant Filipino workers'
investment. WILLIAM IMPERIAL and ARIANNE APOSTOL explain the dynamics
of this pilot investment scheme in a report for the OFW Journalism
Consortium. Full
story
Survey
on Financial Literacy
1.
Did you learn anything useful from the articles on overseas
Filipino workers (OFWs)?
2.
What other information do you still want to know about
savings and investment opportunities?
1.
Where is your country of work?
2.
What is your work?
3.
After spending for your personal needs (such as food,
clothing, rental, grocery, etc.), what proportion of your
monthly income is usually left over?
4.
What do you usually do with the amount that is left
after spending for your personal needs? Indicate the
share of this total amount that goes to each of the
uses you specified.
5. How
do you usually remit money to your family in the Philippines?