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PIA Homepage: "POEA to look into complaints of excessive fees

Iloilo City (9 January) -- Overseas Filipino Workers (OFWs) especially those bound for Taiwan who have been victimized by recruitment agencies charging excessive fees are urged to file complaints with the Philippine Overseas Labor Offices (POLOs) in Taiwan or with the Philippine Overseas Employment Administration (POEA).

Labor and Employment Secretary Arturo D. Brion said that POLOs in Taipei, Taichung and Kaoshiung in Taiwan have been directed to gather more complaints from victims to uncover agencies that charge excessive fees from Taiwan-bound OFWs.

This after the POLO in Taipei reported the proliferation of cases indicating that recruitment agencies illegally collected excessive placement fees from OFWs ranging from P50,000 to P190,000 each."

ABS-CBN Interactive

ABS-CBN Interactive: "foreign investments, along with billions in dollars of OFW remittances that come in every month, have helped strengthen the peso, which closed 2007 as one of the best performing currencies in Asia."