What You Need To Know About Stock Investments: A Guide For OFWs

what-you-need-to-know-about-stock-investments-a-guide-for-ofws

It is a sad fact that some overseas Filipino workers (OFWs) who used to earn considerable amount of salary, eventually go home to the country without any money. They’ve provided well for their families, able to afford to luxuries of life while they were employed but they end up penniless, unsure of the future that lies ahead of them. Read more

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Why OFWs Should Still Continue Paying Monthly SSS Contributions

As we all know, the Social Security System () is a government insurance program that aims to help Filipino citizens who eventually retire or lose employment because of disability.
This is exactly the reason why you, as an overseas Filipino worker (OFW) should take advantage of SSS benefits – which can really be good for you and your family. Unfortunately, there are those who decide to stop paying their monthly contributions as they start working abroad. Read more

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Top 3 Benefits Of Having Your Own Emergency Fund

benefits-of-emergency-fund

The unfortunate fact about emergencies is that, by nature, they always happen during the most unpredictable time. Plus they require immediate action on your end.
Examples of such emergencies include sickness or hospitalization of a loved one, necessary house repair because of a natural calamity, unexpected loss of job, and many others.
While these unpleasant scenarios can happen to anyone, anytime, there is something you can do to prepare for them. Read more

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Pag-IBIG Invites More OFWs To Register As Members

pag-ibig-invites-more-ofws-to-register-as-members

The Home Development Mutual Fund or Pag-IBIG has confirmed that they are aiming to grow their membership base among the overseas Filipino workers (OFWs). Officials have said that they want to tap the market through partnering with a non-government corporation of overseas recruitment agencies.
A recently released statement by Pag-IBIG indicated that it has tied up with the Philippine Association of Service Exporters Inc. (PASEI) to reach more OFWs in order for them to be aware about the services offered by the fund. Read more

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Returning OFWs Are Now Exempted From Paying Travel Tax And POEA Fees

ofws-are-now-exempted-from-paying-travel-tax-and-poea-fees

This is a terrific news for overseas Filipino workers (OFWs) everywhere.
In a memorandum circular approved recently, we learn that OFWs returning to their jobs or employers abroad are now exempted from paying travel tax and the Philippine Overseas Employment Administration (POEA) processing fee. Additionally, they will no longer be required to secure overseas employment certificate (OEC) anymore.
Naturally, this development has been well-received by OFWs scattered across the globe. This means lesser expenses and shorter process on their part in the event that they need to return to their respective jobs and employers. Read more

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DOLE To Review Proposal For ₱125 Wage Hike

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The Department of Labor and Employment (DOLE) has officially ordered the review of a proposal for a ₱125 across-the-board wage hike. It is hoped that the salary increase will be presented and approved by concerned legislative bodies.
A DOLE memorandum reads:
“You are hereby instructed to convene your respective Regional Tripartite Wages and Productivity Boards (RTWPBs) to consult and generate consensus or comments on the anticipated filing of legislative measures proposing a PhP 125.00 across-the-board increase in the wages of workers in the private sector in the 17th Congress.”
The wage increase has been lobbied by various groups since the 13th Congress back in 2006. RTWPBs are legally responsible to determine and fix minimum wage rates and structures applicable for various regions. Read more

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Top 5 Health Tips For OFWs By Dr. Willie Ong

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Working abroad can be both physically and mentally challenging. This is the reason wy you, as an overseas Filipino worker (OFW), should always be mindful of your health. Read more

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This New S.T.D. Can Give You Cancer – And Wearing Condoms Will Not Be Enough To Prevent It.

this-new-s-t-d-can-give-you-cancer-and-wearing-condoms-will-not-be-enough-to-prevent-it

Have you ever heard about Human Papilloma Virus (HPV)? Experts are saying that this sexually transmitted disease is truly dangerous and may potentially lead to anus, cervical, penis, and mouth cancer. Both men and women can be affected by this so you really have to be very cautious. Read more

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This OFW Just Built HisOwn Electric Car

this-ofw-just-built-hisown-electric-car

Adonis Lagangan, an Overseas Filipino Worker (OFW) who works as mechanical engineer, recently made headlines after he built his own electric car.
Lagangan’s Clima Mobility is the latest member of the Electric Vehicle Association of the Philippines (EVAP). A graduate of the Mapua Institute of Technology, Lagangan said that his invention is a product of his love for cars and his care for the environment. Read more

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OFWs In Korea Can Expect Salary Hike By 2017

ofws-in-korea-can-expect-salary-hike-by-2017

Overseas Filipino Workers (OFWs) working in Korea, here’s a wonderful news for you.
A recent article published by the Inquirer tells us that the “Republic of Korea’s new minimum wage for all workers, including Filipino workers under the Employment Permit System, will be increased in 2017.”
This is according to a statement released by Silvestre Bello III, Secretary of the Department of Labor and Employment (DOLE). Read more

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