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.
Monday, January 11, 2010
Healthcare, construction top job sources | Manila Bulletin
Healthcare, construction top job sources | Manila Bulletin: "Taiwan was the top destination for production workers despite a slight dip in 2009 for workers in the semi-conductor, metal workers and electronics sectors.Demand for caregivers and caretakers was highest in Taiwan, Israel and the United Kingdom in 2009."
How OFWs cope with crisis under study
How OFWs cope with crisis under study: "The main bulk of the laid-off workers worldwide as of June last year who returned to the Philippines were from Taiwan (4,300) and the UAE (1,400)."
Friday, January 8, 2010
OFW remittance growth may continue slide next year — ADB - Business - GMANews.TV - Official Website of GMA News and Public Affairs - Latest Philippine News
OFW remittance growth may continue slide next year — ADB - Business - GMANews.TV - Official Website of GMA News and Public Affairs - Latest Philippine News: "The growth in money sent home by Filipino workers abroad may slow next year as Asia continues to reel from the slowing global economy, the Asian Development Bank said in a recent study....
The ADB said the profile of Filipinos working and living overseas have changed. Traditionally, it said, the Philippines had sent out low-skilled workers but now, a larger share of migrants comes from the high-skilled sector.
Gender composition of Filipino migrants has also changed. Before, males made up the majority, but with increasing demand for nurses, the share of female migrants has increased significantly."
The ADB said the profile of Filipinos working and living overseas have changed. Traditionally, it said, the Philippines had sent out low-skilled workers but now, a larger share of migrants comes from the high-skilled sector.
Gender composition of Filipino migrants has also changed. Before, males made up the majority, but with increasing demand for nurses, the share of female migrants has increased significantly."
BSP warned on raising OFW hopes - INQUIRER.net, Philippine News for Filipinos
BSP warned on raising OFW hopes - INQUIRER.net, Philippine News for Filipinos: "Taiwan’s special hiring program has only deployed less than a thousand for 2008 compared to the private sector which deployed more than 40,000 factory workers and caregivers.
“Those markets have dried up and only the Middle East countries of Saudi Arabia, UAE, Qatar and Libya where over two million Filipinos are concentrated are steadily increasing remittances flows,” Soriano said.
The recruitment executive, however, warned that the over 200,000 OFWs in Dubai, the second biggest source of remittances this year, were likely to send less next year because of the emirate’s debt crisis.
The BSP earlier said that in the first three quarters of the year, OFWs sent home through banks a total of $12.789 billion, up $516.62 million or 4.21 percent from the $12.273 billion in the same period in 2008"
“Those markets have dried up and only the Middle East countries of Saudi Arabia, UAE, Qatar and Libya where over two million Filipinos are concentrated are steadily increasing remittances flows,” Soriano said.
The recruitment executive, however, warned that the over 200,000 OFWs in Dubai, the second biggest source of remittances this year, were likely to send less next year because of the emirate’s debt crisis.
The BSP earlier said that in the first three quarters of the year, OFWs sent home through banks a total of $12.789 billion, up $516.62 million or 4.21 percent from the $12.273 billion in the same period in 2008"
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