|
Finance
experts mull overseas Filipinos’ investment fund
DEN
HAAG, THE NETHERLANDS -- Development finance experts met in Luxemburg
last month and set the stage for a mechanism to channel overseas
Filipinos’ money for investment in the Philippines. On the
sidelines of a roadshow by nongovernment Economic Resource Center
for Overseas Filipinos (Ercof), former Citibank executive, British
national Patrick Goodman met with Ercof president Ildefonso Bagasao
and Rural Bankers Association of the Philippines (RBAP) president
William Hotchkiss III to develop two microfinance investment funds
(MFIFs). JEREMAIAH M. OPINIANO reports for the
OFW Journalism Consortium.
Full story
Migrant advocates stem gov’t tack of taxing higher-earning
Pinoys
MANILA
-- MIGRANT workers’ rights advocates nipped government’s
idea of taxing select Filipinos working overseas to shore up its
expenditure program. Persons familiar with the issue told the OFW
Journalism Consortium that top finance officials have floated again
the idea of lifting the tax exemptions granted in 1997 to overseas
Filipino workers (OFWs), to the chagrin of some overseas Filipinos.
JULIE JAVELLANA-SANTOS reports for the OFW Journalism Consortium,
Inc.
Full story
RP
mobile phone chips key to tapping OFW money
MANILA
-- A THUMBNAIL-SIZE ceramic chip in the Philippines is changing
the way cash is couriered from its citizens across continents. This
chip, called a SIM card, has also earned smiles from multilateral
agencies such as the Asian Development Bank and the World Bank,
which, for years, have been egging on banks to bring down the cost
of sending money from anywhere in the world. WILLIAM ALZONA
reports for the OFW Journalism Consortium, Inc.
Full
story
Roadshow
finds Pinoy savers in Europe
BRUSSELS, BELGIUM -- THEY were raring to
explain the basics of savings and financial literacy among Filipino
migrants in the European Union. But the financial literacy advocates
on a roadshow early November found out that Pinoys there are ahead
of their class. A team coming from the nongovernment Economic Resource
Center for Overseas Filipinos (ERCOF) learned from its European
sortie that Filipino groups in the continent have long pooled their
savings, and are also aware of valuing their hard-earned income.
JEREMAIAH M. OPINIANO reports for the OFW Journalism
Consortium.Full
story
Pinoy
winner in Dutch tilt to use prize for hometown
UTRECHT, THE NETHERLANDS – THE Damayang
Pilipino sa Nederland won first prize in a Netherlands contest for
migrant organizations to think of innovative development projects
for their home countries. Jessie Ligan, Damayan member, said the
Maria goes to Town project hopes to set up the first public market
in her hometown of Magsaysay in Misamis Oriental. JEREMAIAH
M. OPINIANO reports for the OFW Journalism Consortium.Full
story
Pinoys
help Fil-Am netters win SEAG golds, retrace Filipino roots
MANILA – LIKE a broken record, the rock and roll song Pinoy
Ako blurted over the speakers for the nth time. But for tennis player
Riza Angela Zalameda, it brought her and other Filipino-American
athletes closer home and helped bring honor to a country they left
for the United States. The 19-year-old Zalameda, together with fellow
Fil-Ams Eric Taino and Cecil Mamiit, won gold medals for the Philippines
during the 23rd Southeast Asian Games that the country hosted. JEREMAIAH
M. OPINIANO reports for the OFW Journalism Consortium.
Full story
|
