Wednesday, February 24, 2010
OFW problem poses major challenge for next president - Special Reports - GMANews.TV - Official Website of GMA News and Public Affairs - Latest Philippine News
OFW problem poses major challenge for next president - Special Reports - GMANews.TV - Official Website of GMA News and Public Affairs - Latest Philippine News: "They may have brought home the bacon – $17 billion in 2009 or over 10 times bigger than last year's expected foreign direct investment – but more than an economic force, overseas Filipino workers (OFWs) have evolved into a social phenomenon that the country’s next president needs to resolve decisively."
Monday, February 15, 2010
Fewer jobs for Taiwan OFWs sans RP trade pact 02/11/2010 | 07:48 PM | OFW - Overseas Filipino News
Fewer jobs for Taiwan OFWs sans RP trade pact 02/11/2010 | 07:48 PM | OFW - Overseas Filipino News
If the Philippines fails to take swift action, Taiwan locators that would have established operations in the Philippines may be prompted to move to mainland China due to ECFA’s “magnetized effect.”
“Worse, many overseas Filipino workers in Taiwan will soon be out of jobs as Taiwan factories may move to mainland China after the implementation of ECFA,” Lee warned.
If the Philippines fails to take swift action, Taiwan locators that would have established operations in the Philippines may be prompted to move to mainland China due to ECFA’s “magnetized effect.”
“Worse, many overseas Filipino workers in Taiwan will soon be out of jobs as Taiwan factories may move to mainland China after the implementation of ECFA,” Lee warned.
Monday, February 8, 2010
Analyzing OFW remittances in 2009 | Manila Bulletin
Analyzing OFW remittances in 2009 | Manila Bulletin
For the first three quarters, remittances from Asia grew a healthy 16.7 percent. Early on in the recession, many Filipino workers were laid off and returned home from Taiwan, casualties of the electronics industry's slump. Consequently, remittances from Taiwan dropped by 46.1 percent for January to September 2009.
For the first three quarters, remittances from Asia grew a healthy 16.7 percent. Early on in the recession, many Filipino workers were laid off and returned home from Taiwan, casualties of the electronics industry's slump. Consequently, remittances from Taiwan dropped by 46.1 percent for January to September 2009.
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