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Thursday, September 06, 2018

OFWs Can No Longer Apply For These 12 Jobs in Saudi Arabia



Starting September 11, 2018, the implementation of Saudization to 12 different jobs in Saudi Arabia will come into effect. Under the Saudization, Saudi nationals will replace expatriate workers in 12 occupations within five months period starting this month. According to Saudi Press Agency (SPA), the first phase of the latest Saudization drive will cover the following sectors; 1. Car and motorcycle shops 2. Clothing stores and children's clothing 3. Men's accessories 4. Home and office furniture and household utensils Implementation of the Saudization program to the above mention sector will take effect on September 11, 2018, as the first phase. The second phase that will be implemented two months later, presumably in the month of November will include the following; 5. Watch shops and eyeglass shops 6. Electrical Appliances 7. Electronic shops The third phase that will be implemented in mid-January will target the following; 8. Medical Equipment Store 9. Construction Materials Shops 10. Auto-spare parts shop 11. Carpet Shops of all kinds 12. Confectionary shops Saudization of these 12 jobs was first announced in January base on a decree from Minister of Labor and Social Development that limit work in these fields to Saudi men and women in the start of New Hijri Year. Saudization aims to empower men and women citizens of the Kingdom through employment opportunities and boosting their participation in the private sector.
Starting September 11, 2018, the implementation of Saudization to 12 different jobs in Saudi Arabia will come into effect. Under the Saudization, Saudi nationals will replace expatriate workers in 12 occupations within five months period starting this month. 
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According to Saudi Press Agency (SPA), the first phase of the latest Saudization drive will cover the following sectors;

  • Car and motorcycle shops
  • Clothing stores and children's clothing
  • Men's accessories
  • Home and office furniture and household utensils

Implementation of the Saudization program to the above mention sector will take effect on September 11, 2018, as the first phase.
Read: 8 Changes in Saudi Arabia OFWs Will Experience This 2018

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The second phase that will be implemented two months later, presumably in the month of November will include the following;

  • Watch shops and eyeglass shops
  • Electrical Appliances
  • Electronic shops
Read: Saudi Arabia Will No Longer Hire Engineers Without 5-Years Experience!

 The third phase that will be implemented in mid-January will target the following;
  • Medical Equipment Store
  • Construction Materials Shops
  • Auto-spare parts shop
  • Carpet Shops of all kinds
  • Confectionary shops
Read: Saving Tips for OFWs in Saudi Arabia to Counter Effect of VAT

 Saudization of these 12 jobs was first announced in January base on a decree from Minister of Labor and Social Development that limit work in these fields to Saudi men and women in the start of New Hijri Year. Saudization aims to empower men and women citizens of the Kingdom through employment opportunities and boosting their participation in the private sector.

This article is filed under Filipino workers, hiring Filipino workers, Saudization, jobs for expatriates, Middle East, occupations, jobs and international employment opportunities.

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The Kingdom of Saudi Arabia wants to open more job opportunities for its local citizen with an aim to cut down unemployment and create more jobs for their qualified residents. According to Shoura Council member Saeed Bin Qasim Al-Khaldi Al-Maliki, there is a need to open more job opportunities for their own nationals and lessen the expat-dependency especially in health and education sector where there are 60,000 jobs occupied by expats! "We should not depend on these jobs on the non-Saudis forever while we have qualified Saudis who are capable of doing perfectly the jobs not only in these two sectors but in all other fields," he said. With this, he is pushing for nationalization of educational jobs in Saudi Universities. He added, there are many Saudis with Masters and Ph.D. degrees who can take over the jobs of many foreigners. According to Al-Maliki, there were 60,000 jobs in the sector of education and health currently occupied by foreigners. These jobs he said, is open for nationalization. Aside from this, he said that there are 41,000 non-Saudis being employed by the government and the Kingdom should not depend on expats in terms of its local employment. Al-Maliki confirms that there are a large number of qualified Saudis who are capable of working in the health sector. This plan is a part of Saudi's Vission 2030 that seeks to reduce the overall unemployment rate from 11.6% to 7%, overhaul the education system and increase the female participation rate from 22% of the workforce to 30%. Part of this is to create 450,000 new jobs for Saudis by 2020.

Good news to all retired pensioners of Social Security System (SSS). You can now apply for affordable loans under Pension Loan Program (PLP) of SSS. The PLP was launched last September 3, 2018! According to SSS President and Chief Executive Officer Emmanuel Dooc PLP is a response to the clamor from senior citizens who wants for a more affordable loan for their short-term needs such as emergency medical expenses. Aside from this, the program aims to end the increasing number of pensioner victimized by some financial institution that offers a loan with the high-interest rate. Who Can Apply? Qualified retiree pensioners that are 80 years old and below at the end of the month of the loan term Pensioners with no outstanding loan balance and benefit overpayment payable to SSS Pensioners who have no advance pension under SSS Calamity Package and have been receiving their regular monthly pensions for at least six months How much is the loanable amount? The minimum loan amount for qualified pensioners is twice the amount equivalent to their basic monthly pension and the additional P1,000 benefit. The maximum loanable amount is six times their basic monthly pension plus the additional P1,000 benefit, not exceeding a total of P32,000 How much is the interest rate? 10% per annum until fully paid, computed on a diminishing principal balance, which shall become part of the monthly amortization Payment Scheme The loan repayment term of the loanable amount will be payable in three, six, or 12 months depending on the multiple of the loan amount and will be deducted from the monthly pension of the borrower. What branches accept loan applications for PLP? 20 SSS Branches will initially accept PLP applications Diliman, Kalookan, Pasig-Pioneer (Shaw), New Panaderos (Mandaluyong), Manila, Makati-Gil Puyat, Alabang, Naga, Dagupan, Baguio, Ilagan, Bacoor, Binan, Cebu, Tacloban, Iloilo Central, Cagayan de Oro, Davao, General Santos, and Zamboanga. How to Apply? To apply, the borrower must apply for the PLP personally at any SSS branch and bring his Social Security Card or Unified Multi-Purpose Identification Card, or any two valid identification cards both with signature and at least one photo. Upon submission of the identification requirements, the SSS will verify the information provided by the pensioner and if he is eligible to avail of the loan program. SSS allocate P10 billion as an initial budget for the program. According to Dooc, there are 1.5 million retirees who can avail of the program starting September 3.

 In spite of earning big while working abroad, there are times that Overseas Filipino Workers (OFWs) fall short financially due to the many expenses they need to paid or provide for family back home. With Personal Loan from different banks in the Philippines, OFWs may have additional support for the financial needs of the family aside from their monthly salary. OFW's personal loan may serve many purposes in life. It is a big help if you are doing some upgrades or home renovation. You can also use the money to pay for your children's tuition or education. Other's apply personal loan for a family's dream vacation or for a medical emergency. Whatever your purpose in applying, here are five best bank in the Philippines that offers a personal loan for OFWs including seafarers. 1. BDO OFWs can apply for BDO personal loan thru its Asenso Kabayan Program. Qualifications: At least 25 years old but not more than 65 years old upon the maturity of the loan At least 2 years employed abroad for skilled workers (3 years for domestic helpers/seaman/unskilled workers) Gross monthly income must be P20,000 or its US$ equivalent Loanable Amount — P10,000 Loan Term: Minimum of 6 months Maximum of 36 months Requirements: Photocopy of the latest BIR Form 2316 Original Certificate of Employment and Income (COEI) issued in the last three (3) months indicating status, length of service and breakdown of compensation Photocopy of last full month payslip Photocopy of at least two (2) valid IDs How to Apply: You may submit your application at any of BDO branches nationwide. For OFWs abroad, you may download the forms from bdo.com.ph 2. Bank of the Philippine Island (BPI) If you are an OFW, BPI has a Personal Loan for you! Qualification: Must be 21 years old and above to apply and not more than 60 years old upon loan maturity Working abroad for at least two years and earning a minimum of P30,000 per month Loanable Amount — P20,000 to P2 million Loan Term: Minimum of 12 months Maximum of 36 months Requirements: 1. Two (2) valid government-issued photo-bearing IDs 2. Proof of income documents: Agency-based: - Latest and unexpired signed POEA contract; OR - Employment contract with boarding date For Direct Hire - Latest 3 months Proof of remittance - Latest and Unexpired POEA Validated Information Sheet; OR - Latest POEA Overseas Employment Certificate (OEC) AND latest Employment Contract (In lieu of OEC print-out: OEC Exemption Screenshot with OEC BM Online Profile); OR - Consularized COE (If remitter is a permanent resident in the country) How to Apply Completely fill out the application form Scan and email your documents to personal_loan@bpi.com.ph Wait for the email verification that the bank receives your application
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