Volume 6 Number 10 and 11
Special Christmas edition
December 23, 2007

OFW families saving; junk new cars, homes
LOS BANOS, LAGUNA (OFW Journalism Consortium)–RECENT central bank data doesn’t bode too well for those selling cars and houses to families of overseas Filipino workers. Majority of OFW families are either deep in debt to lenders for the overseas stint or they prefer to save money.
Whatever’s in between the latter two major spending, as cited in the recent consumer expectations survey of the Bangko Sentral ng Pilipinas, are spent on food and education.
JEREMAIAH M. OPINIANO reports for the OFW Journalism Consortium®.
Full story


Dividend from labor migration mulled
MANILA (OFW Journalism Consortium)–CAN you monetize a child’s separation for more than a year from her mother working overseas?
Such question has not only kept both mother and child sleepless at night but economists like Alvin Ang burning the midnight oil.
With most of the eight million Filipinos overseas linked to their country one way or another, Ang said it’s time to face up to the socio-economic cost of such profitable arrangement.
JEREMAIAH M. OPINIANO reports for the OFW Journalism Consortium®.
  Full story 
Returning doctors injecting fresh intake on annual RP health missions
MANDALUYONG CITY (OFW Journalism Consortium)–FOR over 20 years, surgeon Domingo Alvear eludes the chilly American winter and warms up in motherland Philippines by joining other doctors for weeks-long medical missions.
This is the season –December to February– for these mostly US-originated medical, surgical, or dental missions to the Philippines.
But Alvear’s experience with annual health missions in poor communities here is chilling his desires for improved health service delivery.
JEREMAIAH M. OPINIANO reports for the OFW Journalism Consortium®.
Full story
Resurrected group may lure more Pinoy scientists home
MAKATI CITY (OFW Journalism Consortium)–MORE than money, members of the resurrected Science and Technology Advisory Council (Stac) of the Philippines want what’s inside the minds of Filipino scientists abroad. They are hoping to find there the methods to resuscitate the country’s struggling science and technology sector.
After nearly three decades of fizzling out, the Stac was again jumpstarted in view of the need to sustain record growth of the economy not only through government spending and private consumption. JEREMAIAH M. OPINIANO and
ISAGANI DE LA PAZ reports for the OFW Journalism Consortium®. Full story

Pinay wives living out Korean telenovellas
QUEZON CITY (OFW Journalism Consortium)–FOR nearly a decade, more than six thousand Filipino women are living out what’re usually depicted in Korean romance telenovellas.
It is life imitating art, according to the latest study on cross-border marital arrangements in Korea or inter-racial marriages between Koreans and other nationalities.
A 443-respondent survey done last September that covered various nationalities, including some 73 Filipina spouses, bared that “love” was the primary reason for the women acceding to marriage. JEREMAIAH M. OPINIANO reports for the OFW Journalism Consortium®.
Full story

How to take care of your money?
Read the stories of the OFW Journalism Consortium on financial literacy for Filipinos abroad and their families back home. Click here


2006 Special Newspacket on Financial Literacy in Overseas Filipinos
by the OFW Journalism Consortium cited in the newsletter Migrant Remittances
(published by the United States Agency for International Development [USAID]-Microenterprise Development Office and the United Kingdom Department for International Development [DFID])
http://www.livelihoods.org/hot_topics/docs/Migrant%20Remittances_Oct06.pdf


These articles are free, but to publish, broadcast, rewrite, or redistribute this, please write or email the OFW Journalism Consortium editor@ofwjournalism.net or ofwjournalism
@gmail.com for permission.
Apartment no. 163-S, Mother Ignacia Street, Barangay South Triangle, Quezon City 1103, PHILIPPINES
63-2-796.26.39 (tel.), 432.84.20 (fax) email:
editor@ofwjournalism.net or ofwjournalism@gmail.com