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Friday, August 31, 2018

OFW In Dubai Is The Newest Millionaire Just By Sending Remittances To Her Family

The overseas Filipino workers (OFW) are called modern day heroes because of the remittances they religiously send to their loved ones in the Philippines. It is also a great help to keep the country's economy afloat in spite of the high inflation rate that is experienced across the nation.
An OFW in UAE, never in her wildest dream that she thinks that she will be handsomely rewarded just by fulfilling her duties to provide the needs of her family through sending monthly remittances.

The overseas Filipino workers (OFW) are called modern day heroes because of the remittances they religiously send to their loved ones in the Philippines. It is also a great help to keep the county's economy afloat in spite of the high inflation rate that is experienced across the nation.  An OFW in UAE, never in her wildest dream that she thinks that she will be handsomely rewarded just by fulfilling her duties to provide the needs of her family through sending monthly remittances.     Ads     Sponsored Links   A Filipino domestic worker in Dubai, United Arab Emirates won 1 million dirhams (around P14.5 million) in a raffle for remitting to her family in the Philippines.    “I was very surprised to be this year’s millionaire,” Gina Soriano, the fifth winner of the raffle’s grand prize, told Gulf News yesterday, Aug. 29. “This is a life-changing event that will surely help me improve my life and realize my dreams, including providing a decent life for my family.”    Soriano beat the odds after being the lucky pick out of five million raffle entries.    {Apparently, Soriano, who has been working in the UAE for ten years, sent 1,695 dirhams (about P24,600) to the family she left behind, the report stated. Al Ansari Exchange, the UAE-based foreign exchange, and money transfer company, held a raffle in connection with their two-month rewards promotion.    Soriano was given a raffle coupon after sending money home. The raffle included prizes such as a brand new car and money. Out of the five million entries all over the UAE, nine coupons, including Soriano’s, were drawn on Aug. 14 for the pre-qualifying round.      The final draw for the 1 million dirhams grand prize was made last Tuesday, Aug. 28. The draw was streamed live and Soriano was declared the winner.    “We hope that the cash prize will make a positive difference in her life and her family’s life,” Rashid Al Ansari, general manager of the company, said in the report. “We were also overwhelmed by the number of entries we received during this year’s promo.”    Aside from Soriano, two other Filipinos were awarded prizes from the raffle. Honesto Dela Cruz won 10,000 dirhams (around P145,500) while expat Antonio Artisuela Cano took home a Mercedes Benz 2018 model
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“I was very surprised to be this year’s millionaire,” said Gina Soriano, the fifth winner of the raffle’s grand prize on Aug. 29. Soriano also said that her winning is a life-changing event that will surely help her improve the life of her family.

Soriano beat the odds after being the lucky pick out of five million raffle entries at a draw hosted by a big remittance and foreign exchange company based in the UAE, Al Ansari Exchange.

A raffle coupon is given after sending money home. The raffle included prizes such as a brand new car and money. Out of the five million entries all over the UAE, nine coupons, including Soriano’s, were drawn on Aug. 14 for the pre-qualifying round.
The final draw for the 1 million dirhams grand prize was made last  Aug. 28. The draw was streamed live and Soriano was declared the winner.

“We hope that the cash prize will make a positive difference in her life and her family’s life,” said Rashid Al Ansari, the general manager of the company.

Two other Filipinos also won prizes from the raffle. 10,000 dirhams for  OFW Honesto Dela Cruz while OFW Antonio Artisuela Cano bagged a brand new Mercedes Benz 2018 model.

Last year, Al Dizon Bansil, an engineer working in the UAE for eleven years, won the 1 million dirhams prize from the same raffle.


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Filed under overseas Filipino workers, modern day heroes,  remittances, high inflation rate, UAE, 
Read More:
What is the main reason why many Filipinos decided to leave their beloved family behind and work abroad? It is to earn more in order to be able to give their family the best possible future they can give. To buy the things they need, to have their own house to call their home, etc. The overseas Filipino workers  (OFW) are usually breadwinners supporting even their extended families as well. The remittances the OFWs send to their loved ones used to be enough to pay their bills, mortgages and even a little extra for them to go to the mall and enjoy. Today, the families of the OFWs are experiencing difficulty in stretching their budget for the whole month due to the high prices of everything. From basic commodities, transport fares, school supplies, etc.        Advertisement  Godofredo's wife is an OFW in Malaysia. She needed to work there because the family cannot rely on his salary as a "barangay tanod" alone. They use the remittances they receive from his OFW wife for the education of their children, while his salary from his local job is used to pay their electric and water bills.   Gina also experienced difficulty in making ends meet and forced to transfer her children to a public school because the remittances sent by her OFW husband is not enough anymore for their expenses.  The remittances sent by OFWs abroad is considered the redeeming grace for the Philippine economy by helping stabilize the country's dollar reserve.    Ads   The Bangko Sentral ng Pilipinas (BSP) said that the OFW remittances had been slowing down and this year was the slowest flow of cash remittances in the past seventeen years. It is due to the repatriation program of the government, according to the BSP.  From $13.8 Billion from January to June last year, OFW remittances had slightly gone up to $14.2 Billion at the same period this year.  The government said headline inflation rate went up to 4.6 % in May as compared to 2.9%  last year mainly caused by price increases in fish and seafood, fuel, lubricants, bread, and cereals. Average inflation at 4.1 %, higher than the government’s 2 - 4 % target for 2018. Due to the price hike, OFWs are encouraged to send at least 20% more of their usual remittance for their family to cope up with the experienced inflation, at least until the prices stabilized.    Ads  While OFWs do their best to provide for heir family back home, the latter also need to learn to value their sacrifices and hardships by spending the remittances wisely. It is important for them to know how to spend the remittances wisely as a way of helping their beloved OFW.
What is the main reason why many Filipinos decided to leave their beloved family behind and work abroad? It is to earn more in order to be able to give their family the best possible future they can give. To buy the things they need, to have their own house to call their home, etc. The overseas Filipino workers  (OFW) are usually breadwinners supporting even their extended families as well. The remittances the OFWs send to their loved ones used to be enough to pay their bills, mortgages and even a little extra for them to go to the mall and enjoy. Today, the families of the OFWs are experiencing difficulty in stretching their budget for the whole month due to the high prices of everything. From basic commodities, transport fares, school supplies, etc.        Advertisement  Godofredo's wife is an OFW in Malaysia. She needed to work there because the family cannot rely on his salary as a "barangay tanod" alone. They use the remittances they receive from his OFW wife for the education of their children, while his salary from his local job is used to pay their electric and water bills.   Gina also experienced difficulty in making ends meet and forced to transfer her children to a public school because the remittances sent by her OFW husband is not enough anymore for their expenses.  The remittances sent by OFWs abroad is considered the redeeming grace for the Philippine economy by helping stabilize the country's dollar reserve.    Ads   The Bangko Sentral ng Pilipinas (BSP) said that the OFW remittances had been slowing down and this year was the slowest flow of cash remittances in the past seventeen years. It is due to the repatriation program of the government, according to the BSP.  From $13.8 Billion from January to June last year, OFW remittances had slightly gone up to $14.2 Billion at the same period this year.  The government said headline inflation rate went up to 4.6 % in May as compared to 2.9%  last year mainly caused by price increases in fish and seafood, fuel, lubricants, bread, and cereals. Average inflation at 4.1 %, higher than the government’s 2 - 4 % target for 2018. Due to the price hike, OFWs are encouraged to send at least 20% more of their usual remittance for their family to cope up with the experienced inflation, at least until the prices stabilized.    Ads  While OFWs do their best to provide for heir family back home, the latter also need to learn to value their sacrifices and hardships by spending the remittances wisely. It is important for them to know how to spend the remittances wisely as a way of helping their beloved OFW.
What is the main reason why many Filipinos decided to leave their beloved family behind and work abroad? It is to earn more in order to be able to give their family the best possible future they can give. To buy the things they need, to have their own house to call their home, etc. The overseas Filipino workers  (OFW) are usually breadwinners supporting even their extended families as well. The remittances the OFWs send to their loved ones used to be enough to pay their bills, mortgages and even a little extra for them to go to the mall and enjoy. Today, the families of the OFWs are experiencing difficulty in stretching their budget for the whole month due to the high prices of everything. From basic commodities, transport fares, school supplies, etc.        Advertisement  Godofredo's wife is an OFW in Malaysia. She needed to work there because the family cannot rely on his salary as a "barangay tanod" alone. They use the remittances they receive from his OFW wife for the education of their children, while his salary from his local job is used to pay their electric and water bills.   Gina also experienced difficulty in making ends meet and forced to transfer her children to a public school because the remittances sent by her OFW husband is not enough anymore for their expenses.  The remittances sent by OFWs abroad is considered the redeeming grace for the Philippine economy by helping stabilize the country's dollar reserve.    Ads   The Bangko Sentral ng Pilipinas (BSP) said that the OFW remittances had been slowing down and this year was the slowest flow of cash remittances in the past seventeen years. It is due to the repatriation program of the government, according to the BSP.  From $13.8 Billion from January to June last year, OFW remittances had slightly gone up to $14.2 Billion at the same period this year.  The government said headline inflation rate went up to 4.6 % in May as compared to 2.9%  last year mainly caused by price increases in fish and seafood, fuel, lubricants, bread, and cereals. Average inflation at 4.1 %, higher than the government’s 2 - 4 % target for 2018. Due to the price hike, OFWs are encouraged to send at least 20% more of their usual remittance for their family to cope up with the experienced inflation, at least until the prices stabilized.    Ads  While OFWs do their best to provide for heir family back home, the latter also need to learn to value their sacrifices and hardships by spending the remittances wisely. It is important for them to know how to spend the remittances wisely as a way of helping their beloved OFW.
What is the main reason why many Filipinos decided to leave their beloved family behind and work abroad? It is to earn more in order to be able to give their family the best possible future they can give. To buy the things they need, to have their own house to call their home, etc. The overseas Filipino workers  (OFW) are usually breadwinners supporting even their extended families as well. The remittances the OFWs send to their loved ones used to be enough to pay their bills, mortgages and even a little extra for them to go to the mall and enjoy. Today, the families of the OFWs are experiencing difficulty in stretching their budget for the whole month due to the high prices of everything. From basic commodities, transport fares, school supplies, etc.        Advertisement  Godofredo's wife is an OFW in Malaysia. She needed to work there because the family cannot rely on his salary as a "barangay tanod" alone. They use the remittances they receive from his OFW wife for the education of their children, while his salary from his local job is used to pay their electric and water bills.   Gina also experienced difficulty in making ends meet and forced to transfer her children to a public school because the remittances sent by her OFW husband is not enough anymore for their expenses.  The remittances sent by OFWs abroad is considered the redeeming grace for the Philippine economy by helping stabilize the country's dollar reserve.    Ads   The Bangko Sentral ng Pilipinas (BSP) said that the OFW remittances had been slowing down and this year was the slowest flow of cash remittances in the past seventeen years. It is due to the repatriation program of the government, according to the BSP.  From $13.8 Billion from January to June last year, OFW remittances had slightly gone up to $14.2 Billion at the same period this year.  The government said headline inflation rate went up to 4.6 % in May as compared to 2.9%  last year mainly caused by price increases in fish and seafood, fuel, lubricants, bread, and cereals. Average inflation at 4.1 %, higher than the government’s 2 - 4 % target for 2018. Due to the price hike, OFWs are encouraged to send at least 20% more of their usual remittance for their family to cope up with the experienced inflation, at least until the prices stabilized.    Ads  While OFWs do their best to provide for heir family back home, the latter also need to learn to value their sacrifices and hardships by spending the remittances wisely. It is important for them to know how to spend the remittances wisely as a way of helping their beloved OFW.
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