Pact cuts OFW fees to Taiwan by 85%

"The Philippines and Taiwan have agreed to cut by about 85 per cent the placement fees of Filipinos eligible to work in Taiwan.

However, the agreement is subject to the confirmation of the labor departments of the two countries.

Amadeo Perez Jr., chairman and chief executive officer of the Manila Economic and Cultural Office (MECO), said in an interview that pending approval by the Department of Labor and Employment (DOLE) and the Ministry of Labor in Taiwan, both countries would facilitate the reduction of deployment fees of Filipino workers to Taiwan.

Perez said the reduction was initiated by President Aquino to eliminate what the Chief Executive allegedly called excessive fees charged by brokers to labor applicants to Taiwan."

http://www.malaya.com.ph/index.php/business/business-news/21372-pact-cuts-ofw-fees-to-taiwan-by-85