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Boats
remain sure way of pumping Pinoy money from overseas
SOMEWHERE
IN VISAYAS – Pump boats. Of course, pump boats. In a world
where cash passes hands at the push of a button, pump boats remain
the fastest, surest method of remittance from overseas Filipinos
to their families in remote areas of the Philippines’s southern
island-group. JEREMAIAH M. OPINIANO reports for
the OFW Journalism Consortium, Inc. Full
story
PRC
to test million-dollar online exam system on seafarers
MANILA
– NO more lining up for hours under a hot sun to register
for the professional exam. No more waiting in agony for the release
of results. By May, seafarers wanting to take examinations for marine
deck officer licenses can register online, take the walk-in computerized
exam, and get the results soon after the test. LEO J. SANTIAGO
reports for the OFW Journalism Consortium, Inc.
Full
story
Chunk
of Pinoy cash from abroad still outside bank sphere in past five
years
MANILA
– NEARLY a fifth of cash being sent by Filipinos abroad for
the past five years remained outside the sphere of banks and formal
channels, data from the Bangko Sentral ng Pilipinas shows. The country’s
balance of payments data, which the BSP revised recently to comply
with a new International Monetary Fund reporting standard, showed
that overseas Filipinos sent some US$8.24 billion of cash remittances
through informal channels from 2001 to 2005. JEREMAIAH M.
OPINIANO reports for the OFW Journalism Consortium, Inc.
Full
story
Advocates
want say in Malacañang OFW bank bid
MANILA – MIGRANT advocates may be split on Malacañang’s
go-ahead to build a bank of overseas migrant workers via migrant
workers’ pooled funds but they agreed OFWs should be given
say; some even ownership of the project. That was what many OFWs
consulted via email by the OFW Journalism Consortium think, after
President Gloria Arroyo reportedly approved taking P1 billion from
the Overseas Workers Welfare Administration to transform the Postal
Bank into an OFW bank. JULIE JAVELLANA-SANTOS reports
for the OFW Journalism Consortium, Inc.
Full
story
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