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Showing posts with label time deposit. Show all posts
Showing posts with label time deposit. Show all posts

Wednesday, August 15, 2018

How to Apply for OFW Savings Account in Metrobank?



Every Overseas Filipino Workers (OFWs) should save money for emergencies, retirement or for starting a new investment or small business for families to have a stable income at home. Saving money in the bank is very important to protect your money from thieves and from unwanted expenses. Aside from this, your money in the bank will grow with interest as the time goes by. We all know that working abroad is not forever and saving for the future is a must.
Every Overseas Filipino Workers (OFWs) should save money for emergencies, retirement or for starting a new investment or small business for families to have a stable income at home. Saving money in the bank is very important to protect your money from thieves and from unwanted expenses. Aside from this, your money in the bank will grow with interest as the time goes by. We all know that working abroad is not forever and saving for the future is a must. If you are looking for a bank that will value your money, consider Metrobank's basic savings account that will ensure your money in an accessible way plus it will earn interest. You can track your balance through passbook and your foreign currency remittance is converted into Philippine pesos. No more hassle for your family to change money into local currency. OFW PESO Savings Account OFWs may choose what kind of deposit — passbook or ATM. Both can be applied with zero initial deposit as well as zero maintaining balance, provided there is at least one valid remittance transaction made to the account within a 12-month period. Balance to Earn Interest — P10,000 Interest Rate — 0.25% per annum OFW Savings Dollar Account This is passbook savings account with zero initial deposit and zero maintaining balance — provided that there is at least one valid remittance transaction made to the account within 12 month period. Your dollar account needs to have $500.00 to earn interest of 0.125% per annum. How to Open an OFW Savings Account in Metrobank? Just visit the nearest Metrobank branches in your area and present a one valid government ID! Metrobank's ATM can be accessed anytime and anywhere in the Philippines via BANCNET ATMs, or abroad via MAESTRO-CIRRUS ATMs. You can also manage your transaction through online banking or MetrobankDireck such as balance inquiry and bills payment. 
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If you are looking for a bank that will value your money, consider Metrobank's basic savings account that will ensure your money in an accessible way plus it will earn interest. You can track your balance through passbook and your foreign currency remittance is converted into Philippine pesos. No more hassle for your family to change money into local currency.



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OFW PESO Savings Account

OFWs may choose what kind of deposit — passbook or ATM. Both can be applied with zero initial deposit as well as zero maintaining balance, provided there is at least one valid remittance transaction made to the account within a 12-month period.

 Balance to Earn Interest — P10,000

Interest Rate — 0.25% per annum

OFW Savings Dollar Account

This is passbook savings account with zero initial deposit and zero maintaining balance — provided that there is at least one valid remittance transaction made to the account within 12 month period.

Your dollar account needs to have $500.00 to earn interest of 0.125% per annum.

Read: This Savings Bank Offers Free Opening Account and Free Accident Insurance
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How to Open an OFW Savings Account in Metrobank?

Just visit the nearest Metrobank branches in your area and present a one valid government ID!

Metrobank's ATM can be accessed anytime and anywhere in the Philippines via BANCNET ATMs, or abroad via MAESTRO-CIRRUS ATMs. You can also manage your transaction through online banking or MetrobankDireck such as balance inquiry and bills payment.

This article is filed under savings account, best bank to open a savings account, investment, time deposit, deposit account, new investment, and online banking.

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Saving money is a challenge especially if you are living from paycheck to paycheck! With the increasing prices of basic goods and services, saving money becomes a less priority nowadays. Some of us even look for a part-time or extra job to make ends meet.

According to the Bangko Sentral ng Philippines, the following are the top 10 Best Performing Banks in the Philippines based on their assets. These banks are not just the best but also the biggest banks in the country. 1. BDO Unibank Inc. —2,665,307.23 2. Metropolitan Bank & TCO —1,705,575.78 3. Bank of the Philippines Island —1,649,267.36 4. Land Bank of the Philippines —1,633,082.18 5. Philippine National Bank —788,835.37 Interested to save in these banks? Here are the following requirements if you are interested in opening a savings account in the top five best bank in the country. 1. BDO Unibank — There are six types of Peso Savings Account you may choose from; A. Peso Passbook Savings (with or without ATM) Minimum Initial Deposit — P5,000 Minimum MADB Requirements — P10,000 Minimum Balance to Earn Interest — P10,000 B. Peso ATM Debit Card (without passbook) Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000 C. Optimum Savings Minimum Initial Deposit — P30,000 (Personal); P50,000 (Business) Minimum MADB Requirements — P30,000 (Personal); P50,000 (Business) Minimum Balance to Earn Interest — P30,000 (Personal); P50,000 (Business) D. Junior Savers Minimum Initial Deposit — P100 Minimum MADB Requirements — P100 Minimum Balance to Earn Interest — P2,000 E. Prime Savers Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000 F. Direct Deposit Minimum Initial Deposit — P0 Minimum MADB Requirements — P0 Minimum Balance to Earn Interest — P5,000 How to Open a Savings Account in BDO and what are the requirements Visit BDO Branch near you. Present the original copy of at least two valid IDs Prepare the minimum initial deposit 2. Metrobank Savings Account — the following are the various types of Savings Account offered by Metrobank: A. Passbook Savings Account Minimum initial deposit — P10,000 Minimum maintaining balance — P10,000 Balance required to earn interest —P10,000 B. Metrobank Debit or ATM Savings Account Minimum initial deposit — P2,000 Minimum maintaining balance — P2,000 Balance required to earn interest — P10,000 C. Fun Savers Club Minimum initial deposit —P100 Minimum maintaining balance — P500 Balance required to earn interest —P4,000 D. OFW Peso Savings Account Minimum initial deposit — P0 Minimum maintaining balance —P0 Balance required to earn interest — P10,000 How to apply for Metrobank Savings Account? Phone Call — +632-8700-700 or 1-800-1888-5775 Face to Face — Visit the nearest Metrobank branch! Requirements: 3 copies of pictures The government issued valid ID card Initial deposit Proof of billing 3. Bank of the Philippine Island (BPI) A. BPI Padala Moneyger Required Initial Deposit — P0 Required Minimum Monthly ADB — Waived. As long as there are 4 remittance transaction in a year Required Daily Balance to Earn Interest —P5,000 B. Jumpstart Saver Required Initial Deposit — P100 Required Minimum Monthly ADB — P1,000 Required Daily Balance to Earn Interest —P2,000 C. Kaya Savings Required Initial Deposit — P200 Required Minimum Monthly ADB — N.A. Required Daily Balance to Earn Interest —P1,000 D. Express Teller Savings Required Initial Deposit — P500 Required Minimum Monthly ADB — P3,000 Required Daily Balance to Earn Interest —P5,000 E. Passbook Savings Required Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest —P25,000 F. BPI Advance Savings Account with Passbook Required Initial Deposit — P100,000 Required Minimum Monthly ADB — P100,000 Required Daily Balance to Earn Interest —P100,000 G. Maxi-Saver(4) Savings with Debit Card (ATM Card) Required Initial Deposit — P50,000 Required Minimum Monthly ADB — P50,000 Required Daily Balance to Earn Interest —P50,000 H. Maxi-Saver(4) Savings with Passbook Required Initial Deposit — P75,000 Required Minimum Monthly ADB — P75,000 Required Daily Balance to Earn Interest —P75,000 Requirements and How to Apply for BPI Savings Account Visit the nearest branch in your area and bring the following; Valid, unexpired, photo-bearing Identification Card (ID) with signature Initial deposit 4. Land Bank of the Philippines A. ATM Savings Account Required Initial Deposit — P500 Required Minimum Monthly ADB — P500 Required Daily Balance to Earn Interest —P2,000 B. Easy Savings Plus (ESP) Minimum Initial Deposit— P20,000 Required Minimum Monthly ADB—P20,000 Required Daily Balance to Earn Interest — P20,000 C. Regular Passbook Savings Account Minimum Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest — P10,000 Requirements and How to Apply for Landbank Savings Account Visit the nearest Landbank Branch in your area Bring at least one Valid ID Initial deposit 5. Philippine National Bank (PNB) Savings Account A. PNB Superteller ATM Initial Deposit — P3,000 Minimum Maintaining Balance — P3,000 Minimum ADB to Earn Interest — P10,000 B. PNB Passbook Savings Initial Deposit —P10,000 Minimum Maintaining Balance—P10,000 Minimum ADB to Earn Interest—P15,000 C. Direct Deposit Program Initial Deposit — P100 Minimum Maintaining Balance—P100 Minimum ADB to Earn Interest— P5,000 D. PNB Prime Savings Account Initial Deposit—P50,000 Minimum Maintaining Balance—P50,000 Minimum ADB to Earn Interest —P100,000 Requirements and How to Apply for PNB Savings Account Visit the nearest PNB Bank in your area Bring at two IDs 2 ID pictures (1x1 or 2x2) Initial deposit Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form Requirements for Opening a Savings Account in BDO, Metrobank, BPI, Landbank, and PNB
If you are the "manager" of the remittances sent by an Overseas Filipino Workers (OFW) this savings account is designed for you. With the BPI Padala Moneyger, you can budget effectively and save for your family's future. Remittances are sent directly into your account in a safe and very convenient way. The product has the following main feature: Convenient! Remittances will be directed to your BPI Padala Moneyger Account any time of the day, even holidays! Balance can be checked via online or mobile banking. You can also do other transaction with your account such as transfer funds and pay bills. It means you don't need to withdraw all the money sent to you. You can manage your financial transaction with a tip of your finger as well. Safe! Withdraw only as needed! The money is safe with the account. You don't need to withdraw the whole amount and carry home with you. With BPI Padala Manager, you can withdraw anytime, anywhere via BPR ATM nationwide. And one more thing? Withdrawal is free! Affordable BPI Padala Manager does not require you to have maintaining balance. Just make sure you have four remittance transaction in the account in a year! Very easy right? Because we all know that OFW sends remittances almost every month! Product Pricing and Rate Type of Deposit — BPI Padala Moneyger Required Initial Deposit — None Required Minimum Monthly ADB — Waived. As long as there are 4 remittances in a year! Required Daily Balance to Earn Interest — P5,000 Interest Rate — 0.25% per annum How to Open an Account Opening a BPI Padala Moneyger Account is very easy! Step — 1 Visit any BPI or BPI Family Savings Bank branch nearest you! Step — 2 Bring the following requirements One (1) original, valid ID with photo and signature Proof of remittance, such as any of the following Copy of previous remittance transaction receipt (maybe from pawnshops, remittance centers, etc.) Copy of remitter’s work contract, work visa/work permit, overseas employment certificate from POEA, OWWA ID, ODOS certificate, etc. Copy of statement of bank account showing remittance credit Referral letter from BPI Overseas Customer Segment This document may be presented upon claiming of a debit card. Step — 3 Fill out the Standard Account Opening forms Step — 4 Wait for three days for the Debit Card of your Padala Moneyger account. This will be available at the branch where you opened an account! There you go. We all know that budgeting OFW's money is not easy with increasing prices of products and services lately. But always remember to set aside a small part of the remittances for the savings. Working abroad is not easy and it won't last forever.

 ©2018 THOUGHTSKOTO
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Tuesday, August 22, 2017

Pag-ibig Members Urged to Invest To Modified Pag-ibig 2 Savings Program


For those who are looking for alternative ways to save, the Modified PagIBIG 2 Savings Program (MP2) may be the answer to your needs. Pag-IBIG Fund is urging their members that aside from their regular contribution, to invest in modified savings program called MP2. It is an optional savings program of Pag-IBIG designed for those who want to have savings with higher savings rate and can be compared to the banks 5-year term time deposit system. Today there are already 55,000 members who already has aviled of the MP2 Savings program each of whom has various purpose on their savings. "ADVERTISEMENTS" With the reality that daily expenditures does not end when you retire, everybody should have a contingency plan to cope up. The minimum contribution for the MP2 program is P500.00 and there are no limit for the maximum contribution. You can add to your savings anytime you wish or you can do it on monthly basis. Your savings will mature and can be withdrawn after five years or you can have it renewed for another 5 years. In case of total disability or insanity, your savings can be withdrawn even before the 5-year term. It also applies when you lost your job. For members who unfortunately died before the 5 year term, his beneficiaries can withdraw the MP2 savings. Pag-IBIG Fund said that the dividend rate presently does not go below 5 percent. In 2016, the MP2 dividend rate was at 7.43 percent. So for the P500.00 monthly contribution, it can earn up to almost P5,000 up to almost P7,000 after 5 years. If you will invest a lump sum amount of P100,000 it can earn up to P26,000 to P36,000 after 5 years. It is also safer compared to the banks because your principal saving will be untouched even if worst case happened like the dividend plunges to zero, you can still get your money in full. It is also easy to start an MP2 savings. For local employees, you can go to your HRD and ask them to do a salary deduction for the Pag-IBIG MP2 Program and the company will remit it for you. You can also go to the nearest Pag-IBIG branches near you and pay the contributions directly. The best thing about Pag-IBIG savings is that you have the sovereign guarantee of the government that you can get your savings absolutely without anything to worry about like bank holidays or bankruptcy. Your investment savings is safe from any risks. "Sponsored Links" Read More: China's plans to hire Filipino household workers to their five major cities including Beijing and Shanghai, was reported at a local newspaper Philippine Star. it could be a big break for the household workers who are trying their luck in finding greener pastures by working overseas China is offering up to P100,000 a month, or about HK$15,000. The existing minimum allowable wage for a foreign domestic helper in Hong Kong is around HK$4,310 per month. Dominador Say, undersecretary of the Department of Labor and Employment (DOLE), said that talks are underway with Chinese embassy officials on this possibility. China’s five major cities, including Beijing, Shanghai and Xiamen will soon be the haven for Filipino domestic workers who are seeking higher income. DOLE is expected to have further negotiations on the launch date with a delegation from China in September. according to Usec Say, Chinese employers favor Filipino domestic workers for their English proficiency, which allows them to teach their employers’ children. Chinese embassy officials also mentioned that improving ties with the leadership of President Rodrigo Duterte has paved the way for the new policy to materialize. There is presently a strict work visa system for foreign workers who want to enter mainland China. But according Usec. Say, China is serious about the proposal. Philippine Labor Secretary Silvestre Bello said an estimated 200,000 Filipino domestic helpers are presently working illegally in China. With a great demand for skilled domestic workers, Filipino OFWs would have an option to apply using legal processes on their desired higher salary for their sector. Source: ejinsight.com, PhilStar Read More: The effectivity of the Nationwide Smoking Ban or E.O. 26 (Providing for the Establishment of Smoke-free Environment in Public and Enclosed Places) started today, July 23, but only a few seems to be aware of it. President Rodrigo Duterte signed the Executive Order 26 with the citizens health in mind. Presidential Spokesperson Ernesto Abella said the executive order is a milestone where the government prioritize public health protection. The smoking ban includes smoking in places such as schools, universities and colleges, playgrounds, restaurants and food preparation areas, basketball courts, stairwells, health centers, clinics, public and private hospitals, hotels, malls, elevators, taxis, buses, public utility jeepneys, ships, tricycles, trains, airplanes, and gas stations which are prone to combustion. The Department of Health urges all the establishments to post "no smoking" signs in compliance with the new executive order. They also appeal to the public to report any violation against the nationwide ban on smoking in public places. Read More: ©2017 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below Smoking is only allowed in designated smoking areas to be provided by the owner of the establishment. Smoking in private vehicles parked in public areas is also prohibited. What Do You Need To know About The Nationwide Smoking Ban Violators will be fined P500 to P10,000, depending on their number of offenses, while owners of establishments caught violating the EO will face a fine of P5,000 or imprisonment of not more than 30 days. The Department of Health urges all the establishments to post "no smoking" signs in compliance with the new executive order. They also appeal to the public to report any violation against the nationwide ban on smoking in public places. ©2017 THOUGHTSKOTO Dominador Say, undersecretary of the Department of Labor and Employment (DOLE), said that talks are underway with Chinese embassy officials on this possibility. China’s five major cities, including Beijing, Shanghai and Xiamen will soon be the destination for Filipino domestic workers who are seeking higher income. ©2017 THOUGHTSKOTO
"ADVERTISEMENTS"



For those who are looking for alternative ways to save, the Modified PagIBIG 2  Savings Program (MP2) may be the answer to your needs.
Pag-IBIG Fund is urging its members that aside from their regular contribution, invest in a modified savings program called MP2. It is an optional savings program of Pag-IBIG designed for those who want to have savings with a higher savings rate and can be compared to the bank's 5-year term time deposit system.
Today there are already 55,000 members who already have availed of the MP2 Savings program each of whom has various purposes on their savings.

"ADVERTISEMENTS"

With the reality that daily expenditures do not end when you retire, everybody should have a contingency plan to cope up.
The minimum contribution for the MP2 program is P500.00 and there is no limit for the maximum contribution. You can add to your savings anytime you wish or you can do it on a monthly basis. Your savings will mature and can be withdrawn after five years or you can have it renewed for another 5 years. In case of total disability or insanity, your savings can be withdrawn even before the 5-year term. It also applies when you lost your job. For members who unfortunately died before the 5-year term, his beneficiaries can withdraw the MP2 savings.
Pag-IBIG Fund said that the dividend rate presently does not go below 5 percent. In 2016, the MP2 dividend rate was at 7.43 percent.
For those who are looking for alternative ways to save, the Modified PagIBIG 2 Savings Program (MP2) may be the answer to your needs. Pag-IBIG Fund is urging their members that aside from their regular contribution, to invest in modified savings program called MP2. It is an optional savings program of Pag-IBIG designed for those who want to have savings with higher savings rate and can be compared to the banks 5-year term time deposit system. Today there are already 55,000 members who already has aviled of the MP2 Savings program each of whom has various purpose on their savings. "ADVERTISEMENTS" With the reality that daily expenditures does not end when you retire, everybody should have a contingency plan to cope up. The minimum contribution for the MP2 program is P500.00 and there are no limit for the maximum contribution. You can add to your savings anytime you wish or you can do it on monthly basis. Your savings will mature and can be withdrawn after five years or you can have it renewed for another 5 years. In case of total disability or insanity, your savings can be withdrawn even before the 5-year term. It also applies when you lost your job. For members who unfortunately died before the 5 year term, his beneficiaries can withdraw the MP2 savings. Pag-IBIG Fund said that the dividend rate presently does not go below 5 percent. In 2016, the MP2 dividend rate was at 7.43 percent. So for the P500.00 monthly contribution, it can earn up to almost P5,000 up to almost P7,000 after 5 years. If you will invest a lump sum amount of P100,000 it can earn up to P26,000 to P36,000 after 5 years. It is also safer compared to the banks because your principal saving will be untouched even if worst case happened like the dividend plunges to zero, you can still get your money in full. It is also easy to start an MP2 savings. For local employees, you can go to your HRD and ask them to do a salary deduction for the Pag-IBIG MP2 Program and the company will remit it for you. You can also go to the nearest Pag-IBIG branches near you and pay the contributions directly. The best thing about Pag-IBIG savings is that you have the sovereign guarantee of the government that you can get your savings absolutely without anything to worry about like bank holidays or bankruptcy. Your investment savings is safe from any risks. "Sponsored Links" Read More: China's plans to hire Filipino household workers to their five major cities including Beijing and Shanghai, was reported at a local newspaper Philippine Star. it could be a big break for the household workers who are trying their luck in finding greener pastures by working overseas China is offering up to P100,000 a month, or about HK$15,000. The existing minimum allowable wage for a foreign domestic helper in Hong Kong is around HK$4,310 per month. Dominador Say, undersecretary of the Department of Labor and Employment (DOLE), said that talks are underway with Chinese embassy officials on this possibility. China’s five major cities, including Beijing, Shanghai and Xiamen will soon be the haven for Filipino domestic workers who are seeking higher income. DOLE is expected to have further negotiations on the launch date with a delegation from China in September. according to Usec Say, Chinese employers favor Filipino domestic workers for their English proficiency, which allows them to teach their employers’ children. Chinese embassy officials also mentioned that improving ties with the leadership of President Rodrigo Duterte has paved the way for the new policy to materialize. There is presently a strict work visa system for foreign workers who want to enter mainland China. But according Usec. Say, China is serious about the proposal. Philippine Labor Secretary Silvestre Bello said an estimated 200,000 Filipino domestic helpers are presently working illegally in China. With a great demand for skilled domestic workers, Filipino OFWs would have an option to apply using legal processes on their desired higher salary for their sector. Source: ejinsight.com, PhilStar Read More: The effectivity of the Nationwide Smoking Ban or E.O. 26 (Providing for the Establishment of Smoke-free Environment in Public and Enclosed Places) started today, July 23, but only a few seems to be aware of it. President Rodrigo Duterte signed the Executive Order 26 with the citizens health in mind. Presidential Spokesperson Ernesto Abella said the executive order is a milestone where the government prioritize public health protection. The smoking ban includes smoking in places such as schools, universities and colleges, playgrounds, restaurants and food preparation areas, basketball courts, stairwells, health centers, clinics, public and private hospitals, hotels, malls, elevators, taxis, buses, public utility jeepneys, ships, tricycles, trains, airplanes, and gas stations which are prone to combustion. The Department of Health urges all the establishments to post "no smoking" signs in compliance with the new executive order. They also appeal to the public to report any violation against the nationwide ban on smoking in public places. Read More: ©2017 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below Smoking is only allowed in designated smoking areas to be provided by the owner of the establishment. Smoking in private vehicles parked in public areas is also prohibited. What Do You Need To know About The Nationwide Smoking Ban Violators will be fined P500 to P10,000, depending on their number of offenses, while owners of establishments caught violating the EO will face a fine of P5,000 or imprisonment of not more than 30 days. The Department of Health urges all the establishments to post "no smoking" signs in compliance with the new executive order. They also appeal to the public to report any violation against the nationwide ban on smoking in public places. ©2017 THOUGHTSKOTO Dominador Say, undersecretary of the Department of Labor and Employment (DOLE), said that talks are underway with Chinese embassy officials on this possibility. China’s five major cities, including Beijing, Shanghai and Xiamen will soon be the destination for Filipino domestic workers who are seeking higher income. ©2017 THOUGHTSKOTO
So for the P500.00 monthly contribution, it can earn up to almost P5,000 up to almost P7,000 after 5 years. 
For those who are looking for alternative ways to save, the Modified PagIBIG 2 Savings Program (MP2) may be the answer to your needs. Pag-IBIG Fund is urging their members that aside from their regular contribution, to invest in modified savings program called MP2. It is an optional savings program of Pag-IBIG designed for those who want to have savings with higher savings rate and can be compared to the banks 5-year term time deposit system. Today there are already 55,000 members who already has aviled of the MP2 Savings program each of whom has various purpose on their savings. "ADVERTISEMENTS" With the reality that daily expenditures does not end when you retire, everybody should have a contingency plan to cope up. The minimum contribution for the MP2 program is P500.00 and there are no limit for the maximum contribution. You can add to your savings anytime you wish or you can do it on monthly basis. Your savings will mature and can be withdrawn after five years or you can have it renewed for another 5 years. In case of total disability or insanity, your savings can be withdrawn even before the 5-year term. It also applies when you lost your job. For members who unfortunately died before the 5 year term, his beneficiaries can withdraw the MP2 savings. Pag-IBIG Fund said that the dividend rate presently does not go below 5 percent. In 2016, the MP2 dividend rate was at 7.43 percent. So for the P500.00 monthly contribution, it can earn up to almost P5,000 up to almost P7,000 after 5 years. If you will invest a lump sum amount of P100,000 it can earn up to P26,000 to P36,000 after 5 years. It is also safer compared to the banks because your principal saving will be untouched even if worst case happened like the dividend plunges to zero, you can still get your money in full. It is also easy to start an MP2 savings. For local employees, you can go to your HRD and ask them to do a salary deduction for the Pag-IBIG MP2 Program and the company will remit it for you. You can also go to the nearest Pag-IBIG branches near you and pay the contributions directly. The best thing about Pag-IBIG savings is that you have the sovereign guarantee of the government that you can get your savings absolutely without anything to worry about like bank holidays or bankruptcy. Your investment savings is safe from any risks. "Sponsored Links" Read More: China's plans to hire Filipino household workers to their five major cities including Beijing and Shanghai, was reported at a local newspaper Philippine Star. it could be a big break for the household workers who are trying their luck in finding greener pastures by working overseas China is offering up to P100,000 a month, or about HK$15,000. The existing minimum allowable wage for a foreign domestic helper in Hong Kong is around HK$4,310 per month. Dominador Say, undersecretary of the Department of Labor and Employment (DOLE), said that talks are underway with Chinese embassy officials on this possibility. China’s five major cities, including Beijing, Shanghai and Xiamen will soon be the haven for Filipino domestic workers who are seeking higher income. DOLE is expected to have further negotiations on the launch date with a delegation from China in September. according to Usec Say, Chinese employers favor Filipino domestic workers for their English proficiency, which allows them to teach their employers’ children. Chinese embassy officials also mentioned that improving ties with the leadership of President Rodrigo Duterte has paved the way for the new policy to materialize. There is presently a strict work visa system for foreign workers who want to enter mainland China. But according Usec. Say, China is serious about the proposal. Philippine Labor Secretary Silvestre Bello said an estimated 200,000 Filipino domestic helpers are presently working illegally in China. With a great demand for skilled domestic workers, Filipino OFWs would have an option to apply using legal processes on their desired higher salary for their sector. Source: ejinsight.com, PhilStar Read More: The effectivity of the Nationwide Smoking Ban or E.O. 26 (Providing for the Establishment of Smoke-free Environment in Public and Enclosed Places) started today, July 23, but only a few seems to be aware of it. President Rodrigo Duterte signed the Executive Order 26 with the citizens health in mind. Presidential Spokesperson Ernesto Abella said the executive order is a milestone where the government prioritize public health protection. The smoking ban includes smoking in places such as schools, universities and colleges, playgrounds, restaurants and food preparation areas, basketball courts, stairwells, health centers, clinics, public and private hospitals, hotels, malls, elevators, taxis, buses, public utility jeepneys, ships, tricycles, trains, airplanes, and gas stations which are prone to combustion. The Department of Health urges all the establishments to post "no smoking" signs in compliance with the new executive order. They also appeal to the public to report any violation against the nationwide ban on smoking in public places. Read More: ©2017 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below Smoking is only allowed in designated smoking areas to be provided by the owner of the establishment. Smoking in private vehicles parked in public areas is also prohibited. What Do You Need To know About The Nationwide Smoking Ban Violators will be fined P500 to P10,000, depending on their number of offenses, while owners of establishments caught violating the EO will face a fine of P5,000 or imprisonment of not more than 30 days. The Department of Health urges all the establishments to post "no smoking" signs in compliance with the new executive order. They also appeal to the public to report any violation against the nationwide ban on smoking in public places. ©2017 THOUGHTSKOTO Dominador Say, undersecretary of the Department of Labor and Employment (DOLE), said that talks are underway with Chinese embassy officials on this possibility. China’s five major cities, including Beijing, Shanghai and Xiamen will soon be the destination for Filipino domestic workers who are seeking higher income. ©2017 THOUGHTSKOTO
If you will invest a lump sum amount of P100,000 it can earn up to P26,000 to P36,000 after 5 years. It is also safer compared to the banks because your principal saving will be untouched even if the worst-case happened to like the dividend plunges to zero, you can still get your money in full.
It is also easy to start an MP2 saving. For local employees, you can go to your HRD and ask them to do a salary deduction for the Pag-IBIG MP2 Program and the company will remit it for you.
You can also go to the nearest Pag-IBIG branches near you and pay the contributions directly.
The best thing about Pag-IBIG savings is that you have the sovereign guarantee of the government that you can get your savings absolutely without anything to worry about like bank holidays or bankruptcy. Your investment savings are safe from any risks.
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China's plans to hire Filipino household workers to their five major cities including Beijing and Shanghai, was reported at a local newspaper Philippine Star. it could be a big break for the household workers who are trying their luck in finding greener pastures by working overseas China is offering up to P100,000 a month, or about HK$15,000. The existing minimum allowable wage for a foreign domestic helper in Hong Kong is around HK$4,310 per month. Dominador Say, undersecretary of the Department of Labor and Employment (DOLE), said that talks are underway with Chinese embassy officials on this possibility. China’s five major cities, including Beijing, Shanghai and Xiamen will soon be the haven for Filipino domestic workers who are seeking higher income. DOLE is expected to have further negotiations on the launch date with a delegation from China in September. according to Usec Say, Chinese employers favor Filipino domestic workers for their English proficiency, which allows them to teach their employers’ children. Chinese embassy officials also mentioned that improving ties with the leadership of President Rodrigo Duterte has paved the way for the new policy to materialize. There is presently a strict work visa system for foreign workers who want to enter mainland China. But according Usec. Say, China is serious about the proposal. Philippine Labor Secretary Silvestre Bello said an estimated 200,000 Filipino domestic helpers are presently working illegally in China. With a great demand for skilled domestic workers, Filipino OFWs would have an option to apply using legal processes on their desired higher salary for their sector. Source: ejinsight.com, PhilStar Read More: The effectivity of the Nationwide Smoking Ban or E.O. 26 (Providing for the Establishment of Smoke-free Environment in Public and Enclosed Places) started today, July 23, but only a few seems to be aware of it. President Rodrigo Duterte signed the Executive Order 26 with the citizens health in mind. Presidential Spokesperson Ernesto Abella said the executive order is a milestone where the government prioritize public health protection. The smoking ban includes smoking in places such as schools, universities and colleges, playgrounds, restaurants and food preparation areas, basketball courts, stairwells, health centers, clinics, public and private hospitals, hotels, malls, elevators, taxis, buses, public utility jeepneys, ships, tricycles, trains, airplanes, and gas stations which are prone to combustion. The Department of Health urges all the establishments to post "no smoking" signs in compliance with the new executive order. They also appeal to the public to report any violation against the nationwide ban on smoking in public places. Read More: ©2017 THOUGHTSKOTO www.jbsolis.com SEARCH JBSOLIS, TYPE KEYWORDS and TITLE OF ARTICLE at the box below Smoking is only allowed in designated smoking areas to be provided by the owner of the establishment. Smoking in private vehicles parked in public areas is also prohibited. What Do You Need To know About The Nationwide Smoking Ban Violators will be fined P500 to P10,000, depending on their number of offenses, while owners of establishments caught violating the EO will face a fine of P5,000 or imprisonment of not more than 30 days. The Department of Health urges all the establishments to post "no smoking" signs in compliance with the new executive order. They also appeal to the public to report any violation against the nationwide ban on smoking in public places. ©2017 THOUGHTSKOTO
Dominador Say, undersecretary of the Department of Labor and Employment (DOLE), said that talks are underway with Chinese embassy officials on this possibility. China’s five major cities, including Beijing, Shanghai and Xiamen will soon be the destination for Filipino domestic workers who are seeking higher income.

©2017 THOUGHTSKOTO

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