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Showing posts with label Good news. Show all posts
Showing posts with label Good news. Show all posts

Thursday, October 11, 2018

Good News To OFWs In Eastern Region, KSA: Embassy On Wheels To Be Conducted 3 days A Week Starting October 18

Good news to overseas Filipino workers (OFWs) in  Saudi Arabia who had been waiting for too long to renew their passports. The Philippine Embassy in Saudi Arabia through
 Ambassador to Saudi Arabia Adnan Alonto made an announcement yesterday about the coming Embassy on Wheels (EOW) which is anticipated to serve OFWs in the eastern region and other nearby places.
Good news to overseas Filipino workers (OFWs) in Saudi Arabia who had been waiting for too long to renew their passports. The Philippine Embassy in Saudi Arabia through Ambassador to Saudi Arabia Adnan Alonto made an announcement yesterday about the coming Embassy on Wheels (EOW) which is anticipated to serve OFWs in the eastern region and other nearby places. Ads Sponsored Links In a video posted by iRadio Flash Report in social media, Ambassador Alonto said that the government attempted to open a consulate in the Eastern region which includes Al Khobar, Dammam, Dhahran, Al Ahsa, Jubail, and other nearby cities but unfortunately it did not materialize because the government of the host country did not allow such. However, Alonto brought a good news to the OFWs who are located in the said region. Through the efforts of the Philippine embassy with the help of the Department of Foreign Affairs Headed By Sec. Alan Peter Cayetano, they provided a solution to the growing backlogs on passport applications. starting October 18 and every Thursday Friday and Saturday of every week thereafter until the end of the year, there will be an Embassy On Wheels to be held at Dahran. Alonto ensured that the Philippine Embassy personnel will be assisting every concerned OFWs three days of every week until the year ends. A huge number of passport applications is anticipated to be processed during this period. Aside from passport services, follow-up of cases handled by the assistance to nationals (ATN) will also be attended. Alonto also said that this event will not be possible without the approval of OUMWA undersecretary Sarah Lou Y. Arriola and the support coming from DFA Secretary Alan Peter Cayetano. There is also a possibility that this program will be extended on the following year according to the Ambassador. Filed under the category of Good news, overseas Filipino workers, OFW, Saudi Arabia, passport, Philippine Embassy, Embassy on Wheels (EOW) Ads Read More: As overseas Filipino workers (OFW) working in an unfamiliar territory, we feel comfortable whenever we see a compatriot or a fellow Filipino abroad. In some instances, very unfortunate things happen like getting into a trouble because of a fellow Filipino. The Department of Foreign Affairs (DFA) and the Consulate General in Saudi Arabia confirmed that an OFW was stabbed and killed by a fellow OFW in Jeddah, KSA. Ads Sponsored Links A Filipino was stabbed and killed by a fellow Filipino in Jeddah, Saudi Arabia, according to the confirmation of the Department of Foreign Affairs (DFA). The victim (name withheld) was a 29-year-old from Datu Odin Sinsuat, Maguindanao, who worked as a family driver in Jeddah. The suspect (name withheld), a 34-year-old from Capiz, also a driver for the same family The suspect remains under police custody after he was arrested immediately after the incident. The two "allegedly engaged in a fistfight in front of the house of their employer that ended in the victim getting fatally stabbed by his fellow driver." The motive of the stabbing is still unknown. The Consulate General and the Philippine Overseas Labor Office in Jeddah will extend full assistance to both Filipinos as well as their families. The victim is set for a vacation to the Philippines soon but the incident turned out to be unfortunate that he will come home inside a box. Consul General Edgar Badajos said that the suspect is facing a death sentence as per Saudi Sharia law. However, since they are both Filipinos, it is possible that the victim's family could instead He assured that they will render assistance to help both OFWs. Filed under the category of overseas Filipino workers, Filipino abroad, Department of Foreign Affairs (DFA), Saudi Arabia, stabbed, Jeddah, KSA More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings ©2018 THOUGHTSKOTO

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In  a video posted by iRadio Flash Report in social media, Ambassador Alonto said that the government attempted to open a consulate in the Eastern region which includes Al Khobar, Dammam, Dhahran, Al Ahsa, Jubail, and other nearby cities but unfortunately it did not materialize because the government of the host country did not allow such.
However, Alonto brought a good news to the OFWs who are located in the said region. Through the efforts of the Philippine embassy with the help of the Department of Foreign Affairs Headed By Sec. Alan Peter Cayetano, they provided a solution to the growing backlogs on passport applications. starting October 18 and every Thursday Friday and Saturday of every week thereafter until the end of the year, there will be an Embassy On Wheels to be held at Dahran. 
Alonto ensured that the Philippine Embassy personnel will be assisting every concerned OFWs three days of every week until the year ends. A huge number of passport applications is anticipated to be processed during this period.
Aside from passport services, follow-up of cases handled by the assistance to nationals (ATN) will also be attended.

 Alonto also said that this event will not be possible without the approval of  OUMWA undersecretary Sarah Lou Y. Arriola and the support coming from DFA Secretary Alan Peter Cayetano.
There is also a possibility that this program will be extended on the following year according to the Ambassador.
Filed under the category of Good news, overseas Filipino workers,  OFW, Saudi Arabia, passport, Philippine Embassy,  Embassy on Wheels (EOW) 
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As overseas Filipino workers (OFW) working in an unfamiliar territory, we feel comfortable whenever we see a compatriot or a fellow Filipino abroad. In some instances, very unfortunate things happen like getting into a trouble because of a fellow Filipino. The Department of Foreign Affairs (DFA) and the Consulate General in Saudi Arabia confirmed that an OFW was stabbed and killed by a fellow OFW in Jeddah, KSA. Ads Sponsored Links A Filipino was stabbed and killed by a fellow Filipino in Jeddah, Saudi Arabia, according to the confirmation of the Department of Foreign Affairs (DFA). The victim (name withheld) was a 29-year-old from Datu Odin Sinsuat, Maguindanao, who worked as a family driver in Jeddah. The suspect (name withheld), a 34-year-old from Capiz, also a driver for the same family The suspect remains under police custody after he was arrested immediately after the incident. The two "allegedly engaged in a fistfight in front of the house of their employer that ended in the victim getting fatally stabbed by his fellow driver." The motive of the stabbing is still unknown. The Consulate General and the Philippine Overseas Labor Office in Jeddah will extend full assistance to both Filipinos as well as their families. The victim is set for a vacation to the Philippines soon but the incident turned out to be unfortunate that he will come home inside a box. Consul General Edgar Badajos said that the suspect is facing a death sentence as per Saudi Sharia law. However, since they are both Filipinos, it is possible that the victim's family could instead He assured that they will render assistance to help both OFWs. Filed under the category of overseas Filipino workers, Filipino abroad, Department of Foreign Affairs (DFA), Saudi Arabia, stabbed, Jeddah, KSA

More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
More often, families with overseas Filipino workers (OFW) rely on their OFW breadwinner in providing their needs and without doing any efforts to have extra income. They use the money they receive to pay their bills, rents, mortgages, etc. They tend to spend the remittances they receive and wait for the next remittance when the money is over without any savings. This is the reason why no matter how long the OFWs exhaust themselves working overseas, they are still coming home broke and without any savings. Encouraging our spouse or anyone who is responsible for the remittances you send to save could be a great help and could guarantee a hassle-free retirement, much more if they placed this savings to a profitable investment. Ads Sponsored Links Stick to a budget schedule Convince your spouse to make a monthly budget and commit to saving a portion of the monthly remittance. They could also spend the remaining part of the budget after setting aside the savings. No matter how small the savings, it could mean a lot after a period of time you regularly do it. Use the credit card wisely or do not use it at all Credit cards could be an advantage when purchasing but it can also lure the holder to spend more. Whenever possible, avoid using credit cards and use cash instead. It would save you from paying extra charges and interests which can really raise your spending. The best rule should be, do not spend the money you do not have. Always make a list of important things to buy Many OFW spouses tend to go on a shopping spree just after receiving the remittance and let their impulses lead in which items they like to buy at the very moment without putting their priorities on the things they really needed. Encourage them to develop a habit and discipline of making a list of the things they need to prioritize during shopping and strictly follow what is on the list to avoid spending too much on the things that are not really important. Live a lifestyle that suits your income Many OFW spouses live like one day millionaire. after claiming the remittances you sent, they will go straight to the mall, eat at the fast-food chain of their choice, go on a shopping spree buying what they want without even thinking if they still have the money to go through the month until the next remittance. If their budget got short, they would borrow money from someone which would cause the next budget to bear the shortage and the cycle goes on. There's nothing wrong with being generous but not too much Advise your spouse to exercise caution when giving help to extended families, relatives or friends. There is nothing wrong with extending help but there has to be a limitation. This would avoid them to become dependent on your assistance that they would knock your everytime they need financial help. Working overseas is not forever and you will eventually come home for good. It is you and your spouse who need to work hand-in-hand to succeed. Together you must find ways to take care of your finances and save for the future of your family. Filed under the category of overseas Filipino workers, extra income, bills, rents, mortgages, remittances, working overseas, retirement, investment, savings
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Wednesday, December 06, 2017

Good News To OFWs! OFW ID Distribution To Start December 7


Good News To OFWs! The much awaited iDOLE or OFW ID will be released very soon. According to the social media post of PCOO ASec Mocha Uson, the OFW ID fianal lay-out has been presented during the cabinet meeting and is ready to be distributed on December 7. Sponsored Links The OFW ID will serve as an OEC for OFWs, meaning, OFWs who will be given the iDOLE card no longer need to secure OECs. It is also designed allowing its bearer to transact with government and private agencies, such as Pag-IBIG, SSS, and PhilHealth, it can also serve as a debit card and an ATM card for the OFW Bank, as well as a beep card if the bearer use LRT and MRT. Department of Labor and Employment (DOLE) Secretary Silvestre Bello III recently announced that OFWs who will be home for the holiday season will be the first to receive their OFW IDs, but there was no definite date as to the release of the card. Concerned agencies even admitted that interlinking the databases for the iDOLE is a complicated task. ASec Mocha Uson also mentioned in her social media post that further details regarding the OFW ID will be released these following days. Advertisement Read More: ©2017 THOUGHTSKOTO
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Good News To OFWs! The much awaited iDOLE or OFW ID will be released very soon. According to the social media post of PCOO ASec Mocha Uson, the OFW ID fianal lay-out has been presented during the cabinet meeting and is ready to be distributed on December 7. 
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The OFW ID will serve as an OEC for OFWs, meaning, OFWs who will be given the iDOLE card no longer need to secure OECs.
It is also designed allowing its bearer to transact with government and private agencies, such as Pag-IBIG, SSS, and PhilHealth, it can also serve as a debit card and an ATM card for the OFW Bank, as well as a beep card if the bearer use LRT and MRT.
Department of Labor and Employment (DOLE) Secretary Silvestre Bello III recently announced that OFWs who will be home for the holiday season will be the first to receive their OFW IDs, but there was no definite date as to the release of the card. Concerned agencies even admitted that interlinking the databases for the iDOLE is a complicated task.
ASec Mocha Uson also mentioned in her social media post that further details regarding the OFW ID will be released these following days.
Good News To OFWs! The much awaited iDOLE or OFW ID will be released very soon. According to the social media post of PCOO ASec Mocha Uson, the OFW ID fianal lay-out has been presented during the cabinet meeting and is ready to be distributed on December 7. Sponsored Links The OFW ID will serve as an OEC for OFWs, meaning, OFWs who will be given the iDOLE card no longer need to secure OECs. It is also designed allowing its bearer to transact with government and private agencies, such as Pag-IBIG, SSS, and PhilHealth, it can also serve as a debit card and an ATM card for the OFW Bank, as well as a beep card if the bearer use LRT and MRT. Department of Labor and Employment (DOLE) Secretary Silvestre Bello III recently announced that OFWs who will be home for the holiday season will be the first to receive their OFW IDs, but there was no definite date as to the release of the card. Concerned agencies even admitted that interlinking the databases for the iDOLE is a complicated task. ASec Mocha Uson also mentioned in her social media post that further details regarding the OFW ID will be released these following days. Advertisement Read More: ©2017 THOUGHTSKOTO
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Monday, March 06, 2017

4.6% Average Salary Hike for UAE Workers This Year

This is a good news for UAE employees. They are about to receive 4.6% increase to their salary this year. However, Cooper Fitch, a UAE-based specialist recruitment firm, pointed out that the hiring trends can vary this year depending on the sector, as their performance may vary from a company to another, directly impacting which will have a direct impact on their salary performance, . “We expect to see increases in salary levels and new jobs being made available following a better than expected finish to 2016 and a similar start to 2017,” Trefor Murphy, chief executive officer of Cooper Fitch, said. The estimated pay adjustments will reportedly be dependent on a 4 to 6 % gross domestic product (GDP) growth and oil prices of between $55 and $65 per barrel. “The outlook for 2017 is improving and market sentiments look reasonably positive,” Murphy added. However, the salary hike will not be experienced across the board even though it is expected to take effect this year. Cooper Fitch’s latest Salary Guide for 2017 showed that some employees, , are still likely to get some salary reductions, depending on the industry they work in. the lucky ones that are most likely to get the increase are the professionals in the manufacturing 5% , sales and marketing 6 to 10%, legal 3 to 4 % and digital sectors 10 to 12 %. A 5% increase on salaries for those who are working in the audit and risk industry, including auditors and specialist advisers is expected as well. A somewhat subdued outlook, however, is forecast for accounting and finance employees which, according to Cooper Fitch, are likely to feel downward pressure, as companies resort to more stringent recruitment criteria and rigorous interview process amid an oversupply of qualified workers locally, Gulf News reported. “The overall salaries across finance functions are only expected to increase marginally above the inflation level in 2017," the report said. Banking and financial services professionals can also expect some decrease ranging between 5% and 7% . RECOMMENDED BEWARE OF SCAMMERS! RELOCATING NAIA THE HORROR AND TERROR OF BEING A HOUSEMAID IN SAUDI ARABIA DUTERTE WARNING NEW BAGGAGE RULES FOR DUBAI AIRPORT HUGE FISH SIGHTINGS

This is a good news for UAE employees including thousands of OFWs working across the Emirates. They are about to receive  an average of 4.6% increase to their salary this year.
However, Cooper Fitch, a UAE-based specialist recruitment firm, pointed out that the hiring trends  can vary this year depending on the sector, as their performance may vary from a company to another, directly impacting which will have a direct impact on their salary performance, .

“We expect to see increases in salary levels and new jobs being made available following a better than expected finish to 2016 and a similar start to 2017,” Trefor Murphy, chief executive officer of Cooper Fitch, said.

The estimated pay adjustments will reportedly be dependent on a 4 to 6 % gross domestic product (GDP) growth and oil prices of between $55 and $65 per barrel. “The outlook for 2017 is improving and market sentiments look reasonably positive,” Murphy added.


However, the salary hike will not be experienced across the board even though it is expected to take effect this year. Cooper Fitch’s latest Salary Guide for 2017 showed that some employees, , are still likely to get some salary reductions, depending on the industry they work in.
the lucky ones that are most likely to get the increase are the professionals in the manufacturing 5% , sales and marketing 6 to 10%, legal 3 to 4 % and digital sectors 10 to 12 %.A 5% increase on salaries for those who are working in the audit and risk industry, including auditors and specialist advisers is expected as well.
A somewhat subdued outlook, however, is forecast for accounting and finance employees which, according to Cooper Fitch, are likely to feel downward pressure, as companies resort to more stringent recruitment criteria and rigorous interview process amid an oversupply of qualified workers locally, Gulf News reported.

“The overall salaries across finance functions are only expected to increase marginally above the inflation level in 2017," the report said.
Banking and financial services professionals can also expect some decrease ranging between 5% and 7% .


©2017 THOUGHTSKOTO
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Friday, December 23, 2016

OFW BANK IN RIYADH TO OPEN ON SEPTEMBER 2017

Good news to all OFWs in Saudi Arabia! The Postal Bank that will soon turn to be OFW Bank will open a branch in Riyadh, Saudi Arabia. The LandBank, a state-run bank in the Philippines, will acquire the Postal Bank, which would be 30% owned by the OFWs and has an authorized capital of P3 billion, according to Finance Secretary Carlos G. Dominguez III. LandBank President Alex Buenaventura said that there are 800,000 OFWs, 40% of which are residing in Riyadh and in that consideration , they will open a branch of the OFW Bank in the area. The Riyadh branch will initially offer financial education and investment counseling services to OFWs, according to Dominguez. The creation of the Bank for the OFWs is one of the promises of President Rodrigo Duterte to the OFWs and their families that has been fulfilled. Another proof of the sincerity and concern of the new President towards the "modern heroes". Dominguez said that the acquisition of the Postal Bank will be completed at the 3rd Quarter of 2017 and that the LandBank has sufficient resources to make it happen. LandBank will seek clearances from the Governance Commission for Government Owned and Controlled Corporations (GCG) and the Philippine Competition Commission (PCC) for the acquisition process to complete. The government bank also needs approval from the Monetary Board, Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP) for the OFW bank to be operational by Sept. 1, 2017. Source: Saudi Gazette ©2016 THOUGHTSKOTO


Good news to all OFWs in Saudi Arabia!
The Postal Bank that will soon turn to be OFW Bank will open a branch in Riyadh, Saudi Arabia.
The LandBank, a state-run bank in the Philippines, will acquire the Postal Bank, which would be 30% owned by the OFWs and has an authorized capital of P3 billion, according to Finance Secretary Carlos G. Dominguez III.
LandBank President Alex Buenaventura said that there are 800,000 OFWs, 40% of  which are  residing in Riyadh and in that consideration , they will open a branch of the OFW Bank in the area.
The Riyadh branch will initially offer financial education and investment counseling services to OFWs, according to Dominguez.
The creation of the Bank for the OFWs is one of the promises of President Rodrigo Duterte  to the OFWs and their families that has been fulfilled. Another proof of the sincerity and concern of the new President towards the "modern heroes".
Dominguez said that the acquisition of the Postal Bank will be completed at the 3rd Quarter of 2017 and that the LandBank has sufficient resources to make it happen.
Good news to all OFWs in Saudi Arabia! The Postal Bank that will soon turn to be OFW Bank will open a branch in Riyadh, Saudi Arabia. The LandBank, a state-run bank in the Philippines, will acquire the Postal Bank, which would be 30% owned by the OFWs and has an authorized capital of P3 billion, according to Finance Secretary Carlos G. Dominguez III. LandBank President Alex Buenaventura said that there are 800,000 OFWs, 40% of which are residing in Riyadh and in that consideration , they will open a branch of the OFW Bank in the area. The Riyadh branch will initially offer financial education and investment counseling services to OFWs, according to Dominguez. The creation of the Bank for the OFWs is one of the promises of President Rodrigo Duterte to the OFWs and their families that has been fulfilled. Another proof of the sincerity and concern of the new President towards the "modern heroes". Dominguez said that the acquisition of the Postal Bank will be completed at the 3rd Quarter of 2017 and that the LandBank has sufficient resources to make it happen. LandBank will seek clearances from the Governance Commission for Government Owned and Controlled Corporations (GCG) and the Philippine Competition Commission (PCC) for the acquisition process to complete. The government bank also needs approval from the Monetary Board, Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP) for the OFW bank to be operational by Sept. 1, 2017. Source: Saudi Gazette ©2016 THOUGHTSKOTO




 LandBank will seek clearances from the Governance Commission for Government Owned and Controlled Corporations (GCG) and the Philippine Competition Commission (PCC) for the acquisition process to complete.

The government bank also needs approval from the Monetary Board, Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP) for the OFW bank to be operational by Sept. 1, 2017.


©2016 THOUGHTSKOTO
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Thursday, November 03, 2016

MINIMUM WAGE HIKE IN SOUTH KOREA TO BENEFIT OFWS


The minimum wage in South Korea will increase by 7.3 % next year and expected to benefit thousands of Overseas Filipino workers who are working there.According to the government estimate,there are at least around 24,000 OFWs working in South Korea.

 The Department of Labor and employment (DOLE) said that the new minimum wage  rate will be KRW 6,470/hour or P268.73/hour from the current rate of KRW6,030 or P250.46 per hour starting next year.
Translated to KRW51,760(2,149.87) per day on an 8-hour  working day .
KRW258,800(P10,749.93) on five working days.It is equivalent to KRW1,352,230 (P56,165.28) a month.

According to  Welfare Officer Manuela Peña,the increase was approved by the South Korea's Ministry of Employment and Labor.

 In her report to DOLE Secretary Silvestre Bello III,Peña said that  all South Korea-based OFW in both small and medium manufacturing industries employed under the Employment Permit System (EPS) shall be included in the wage  increase.

 Korea's Labor Standard s Act defined the minimum wage  should cover all employees ,wether temporary,part time ,or daily ;regardless of nationality.

The South Korean government will monitor all employment conditions closely,support employment,and supervise the work sites to make sure that the new rates is enforced through its labor standards Policy Department.


©2016 THOUGHTSKOTO
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Wednesday, November 02, 2016

FILIPINO FISHERMEN AND CHINESE COAST GUARD SHARED FISH, CIGARETTES, LIQUOR AND FOOD

Months ago, Filipino fishermen were always driven back by Chinese coast guards near Panatag Shoal. But recently, the fishermen narrated that the Chinese Coast Guard even shared cigarettes, foods and drinks with them.




In 2012, China made a claim on Scarborough Shoal which was part of the 200 nautical miles economic zone of Philippines. When Philippines filed a case in the arbitral tribunal, the decision last June was that the area will be considered as common fishing ground. for Filipino, Chinese and Vietnamese fishermen. 

 According to them, when they attempted to fish in Scarborough Shoal last October 22, they were driven back by the coast guard and sometimes water canon is used to drive them away. Because of this, the fishermen usually goes back home with nothing. However when they attempted again to fish in the area on October 25, the coast guard allowed them to fish. 

 It is noted that President Duterte visited China  recently, the leaders of both countries made a deal that allows Filipino fishermen to fish in the area again. 

In 2012, China made a claim on Scarborough Shoal which was part of the 200 nautical miles economic zone of Philippines. According to them, when they attempted to fish in Scarborough Shoal last October 22, they were driven back by the coast guard and sometimes water canon is used to drive them away. Because of this, the fishermen usually goes back home with nothing. However when they attempted again to fish in the area on October 25, the coast guard allowed them to fish. It is noted that President Duterte visited China recently, the leaders of both countries made a deal that allows Filipino fishermen to fish in the area again.
Pictured above, fishermen arrived with tons of fishes caught from Scarborough Shoal. They mentioned how grateful they are because President Duterte is able to establish a good relationship with China. 




When Philippines filed a case in the arbitral tribunal after the Chinese claim on the island, the decision last June was that the area will be considered as common fishing ground. for Filipino, Chinese and Vietnamese fishermen. 







One fishermen in the area said, "We're now free to fish around the shoal. There's no tension there... As long as we will be allowed to stay and fish around the shoal, I think we can coexist with the Chinese Coast Guard."

 One fishermen in the area said, "We're now free to fish around the shoal. There's no tension there... As long as we will be allowed to stay and fish around the shoal, I think we can coexist with the Chinese Coast Guard."When Philippines filed a case in the arbitral tribunal, the decision last June was that the area will be considered as common fishing ground. for Filipino, Chinese and Vietnamese fishermen. Fishermen arrived with tons of fishes caught from Scarborough Shoal. They mentioned how grateful they are because President Duterte is able to establish a good relationship with China.




Another fisherman said, "Our President has been true to his promise to help us return to the shoal and we're thankful for that". After their previous experience with the Chinese Coast Guard he added, "We're hoping that Filipinos will no longer fear being harassed..."

Another fisherman said, "Our President has been true to his promise to help us return to the shoal and we're thankful for that". After their previous experience with the Chinese Coast Guard he added, "We're hoping that Filipinos will no longer fear being harassed..."

One week after the visit of President Duterte, the fishermen are now allowed to fish in Scarborough Shoal. After his visit, he mentioned that Filipinos can start fishing in the area again. 




©2016 THOUGHTSKOTO



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