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Good thing now that Philippine government is doing their job to help our Overseas Filipino Worker (OFW), as the global economic crisis is getting severe many international companies around the globe is being affected, during this case many of them are reducing their workers which are caused of many jobless OFW. Recently the Overseas Workers Welfare Administration (OWWA) has established a program which is being supported by government lending institutions such as Development Bank of the Philippines and Landbank, this program is generated to help many OFW in this midst of crisis, wherein OWWA recommends OFW to avail of grants and loans and become entrepreneurs, also the agency would be willing to give 10,000.00 grants to documented and undocumented OFW’s who has lost their jobs abroad.
And recently according to president Gloria Macapagal-Arroyo the government’s livelihood fund has been increased to four-fold P1 billion. The fund, at first generate into P250 million, this could be used to provide loans for returning workers who want to acquire new skills, undergo retraining or start a business. As the global economic crisis is arisen more OFW are possible to return to the Philippines that is why the Philippine government are now preparing a contingency measures for at least 50, 000 overseas workers who could lose their jobs.
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As the global economy dilemma continue to hit major economies millions of people are affected around the globe, this problem continue to arise since late 2008, by this time more and more OFW are being affected worldwide, the downfall of global economics has a major impact especially at many OFW who’s been undergoing difficulties just to sustain the needs of their respected families at Philippines. Many international companies reduce their workers just to survive the economic crisis in the end hundreds of Filipino workers abroad loses their jobs and returned in the Philippines. And to help them with this The Overseas Workers Welfare Administration (OWWA) recommends OFW to avail of grants and loans and become entrepreneurs, OWWA administrator Carmelita Dimzon said agency would be willing to give 10,000.00 grants to documented and undocumented OFW’s who has lost their jobs abroad. And for those successful applicants to the P100-million Filipino Expatriate Livelihood Support Fund (FELSF) can borrow up to P50,000. The money is available at low five percent interest per annum, no collateral, and payable over 24 months after a grace period of 90 days, interest free, according to OWWA. Considering the nations problem this program might be a great help for many OFW’s that has been affected with the global recession.
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There’s a bit of good hope actually for those Overseas Filipino Workers laid off and are coming home to the Philippines. Considering that there are already a number displaced by the financial crisis, you might want to take a look at the engaging in livelihood projects and availing yourselves of the numerous incentives for small businesses under the Barangay Micro Business Enterprise (BMBE) Act.
According to TUCP head, Herrera, each OFW pays a $25 membership fee to OWWA. Based on an estimated one million Filipinos leaving for overseas jobs each year, he said OWWA collects around $25 million or P1.2 billion from OFWs yearly. These fees go to a fund that provides benefits, including low-cost loans, to migrant workers and their families in the Philippines. He said the BMBE Law, or Republic Act No. 9178, grants incentives and privileges to barangay-based micro enterprises with assets of under P3 million. The law supports the development of small manufacturing, processing, trading and service shops through the grant of lucrative tax advantages as well as gainful non-tax benefits.
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This would be good news to those Filipino nurses stuck in Manila looking for overseas jobs. Japan can now start recruiting Filipino nurses and caregivers for training and employment under the Japan-Philippines Economic Partnership Agreement after Monday afternoon’s signing of a memorandum of understanding providing for that.
Now, don’t be fast though because there are certain requirements that you need to fulfill.
Under the MoU, Filipino registered nurses with at least three years experience are qualified to apply for training and employment in Japan, while candidate caregivers should be a graduate of a four-year course and certified by the Technical Education and Skills Development Authority (TESDA). Graduates of a nursing course may also apply as caregiver.
It also specified that applicants shall undergo an aptitude test and interview by JICWELS to facilitate their matching with employers. After selection, they must pass the required medical examination to conclude the employment contract and to successfully qualify to enter Japan.
“Nominal expenses of application shall be borne by applicants for document submission/authentication, medical examination (P1,500 basic), and visa fee (P1,150). Airfare and onsite training costs are shouldered by the employers or the Government of Japan,” a briefer on the MoU said.
Qualified nurses and candidates are invited to apply with the POEA and to register online.
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