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OFWNet’s
business arm not yet off the hook despite paying penalty
MANDALUYONG CITY -- PENALIZED for selling securities without a
license, the business arm of nonprofit group Overseas Filipinos
Worldnet Foundation Inc. finally agreed to pay its penalty to
the Securities and Exchange Commission after months of delay,
the SEC recently revealed. Documents shown by the SEC to the OFW
Journalism Consortium cited that OFW International Holdings Inc.
(OFW-IHI) agreed to pay roughly P277,605 as fine for pre-selling
securities without a license. WILLIAM ALZONA
reports for the OFW Journalism Consortium, Inc.Full
story
Lawmaker says remittance glow blinds RP from diaspora
of mission-critical workers
MANILA – THE sparkle of billions of dollars of money
sent by Filipinos temporarily or permanently earning abroad is blinding
government and the overseas labor deployment industry, a lawmaker
warned recently. “The immediate windfall from the foreign
currency remittances of our countrymen deployed overseas make it
so easy to gloss over the reality that the diaspora of our skilled
labor exacts a painful toll on the basic industries that should
form the building block of a strong Philippine economy,” Congressman
Roseller Barinaga said in a privilege speech recently. ISAGANI
DE LA PAZ reports for the OFW Journalism Consortium, Inc.
Full story
Hometown
group wields Romblon fiesta to tap overseas Pinoy investment
MANILA – A US-based migrants’ association
with roots in the Philippine province of Romblon is wielding the
power of the Filipino fiesta to boost investment of overseas Filipinos
in its hometown’s tourism potential. The United States-based
Romblon Discussion List-Cultural, Livelihood and Educational Assistance
in Romblon (RDL-Clear) is harnessing the province’s biennial
fiesta this April, which officials said would catch money for its
ecological tourism project. JEREMAIAH M. OPINIANO
reports for the OFW Journalism Consortium, Inc.Full
story
From
Alberta to Baguio and back
BAGUIO CITY – THE business of apiculture, or the
art of caring and culturing honeybees, represent the desire of the
Cordillera Beekeepers Overseas Workers Association Inc. (Cobowai)
to have a viable economic venture. But will the beekeeping business
by these former overseas Filipino workers (OFWs) be enough to dim
the allure of working as beekeepers in Alberta, Canada? JEREMAIAH
M. OPINIANO reports for the OFW Journalism Full
story
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