News

  • Coronavirus outbreak: key protection measures for seafarers

    The International Transport Workers' Federation (ITF), USCG and Transport Malta, following the rest of the shipping industry, provide their advice to crewmembers on how to be protected by the coronavirus.

    Posted on feb 04, 2020

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  • Financial education for OFWs

    Financial literacy is one challenge in a developing economy. In the Philippines where there are lots of Filipinos working abroad, financial education should be a must.

    Overseas Filipino Worker (OFW) Filip “Floi” C. Wycoco has embraced this advocacy and founded The Global Filipino Investors Inc. (TGFI) to pursue his goal of making Filipinos, particularly OFWs, become savers and investors.

    OFWs are interested in financial education, too. They would like to ensure that their hard-earned money does not go to waste but lack the knowledge how to manage their resources and how to invest wisely.

    TGFI ...

    Posted on jan 08, 2020

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  • OFW remittances as a source of stress

    Overseas Filipino Workers (OFWs) are considered a vital cog in the Philippine economy due to the amount of remittances they send back home. Remittances have evolved over the past four decades into a major contributor to the country’s gross national product to the tune of at least 10% annually.

    Latest data from the Bangko Sentral ng Pilipinas (BSP) for October 2019 showed that personal remittances from Filipinos living or working abroad amounted to US$3 billion, nearly 8% higher than the year-ago figure. For the first 10 months of this year, the remittance level reached US$27.6 billion compared...

    Posted on dec 23, 2019

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  • Law requires OFWs to contribute to SSS

    State-run Social Security System (SSS) stressed that the pension fund is duty-bound to implement the mandatory coverage for overseas Filipino workers (OFWs).

    In a statement, SSS said that Republic Act 11199 or the Social Security Act of 2018 states it should provide meaningful social protection to all Filipinos based whether they are here and abroad. “The law was a product of in-depth and long discussions between the SSS, its stakeholders and the lawmakers from the upper and lower chambers,” the pension fund said. The SSS management also said that public consultation hearings were conducted du...

    Posted on jun 24, 2019

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  • Filipino seafarers account for 30% of total in Japanese vessels

    Some 30 percent of the 46,000 seafarers deployed aboard Japanese vessels are Filipinos who have been cited for their work excellence by no less than the current chairman of International Mariners’ Management of Japan.

    Posted on mei 30, 2019

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  • NMC proposes changes to IELTS

    NMC proposes changes to English language test.

    UK's Nursing and Midwifery Council (in short NMC) requires an IELTS 7 (which is the proficiency level of the International English Language Testing System) for all applicants to their Nursing and Midwifery register who trained outside of the EU, regardless of which country they are from or whether they came from an English speaking country. That pass rate also holds for Filipino nurses and midwives.

    Next to the Brexit, in the past years, tough English language tests have been blamed for the sharp drop in EU, Indian and Filipino nurses arriving to ...

    Posted on nov 29, 2018

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  • New agreement on minimum basic wages for seafarers

    There is a new agreement on minimum basic wages for seafarers

    The International Transport Workers Federation (ITF) and the International Chamber of Shipping (ICS), have reached an agreement on seafarer basic wages aiming at reviewing the International Labour Organization (ILO) Minimum Wages for seafarers.

    The decision, following two days of negotiations in Geneva, was to update the minimum basic wage for the reference function AB (able seafarer) by 27 USD over the next 3 years. The wages will provide an overall increase of 4.5% on the current rate of 614 USD, with an increase of 4 USD to 618 ...

    Posted on nov 28, 2018

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  • Philippines country profile

    Short introduction to the Philippines

    India and the Philippines are likely to post Asia’s fastest economic growth rates in coming years as their working-age population keeps expanding through 2020, in contrast with shrinking workforces across North Asia, Nomura Holdings Inc. estimates show.

    Philippines, with 31% of its population currently under the age of 15, is projected to see a 1.9% expansion of its 15-to-65 year-old population this year, with Malaysia’s due to rise 1.6% and India 1.5%, Nomura economists said in a report. Malaysia’s population growth, however, is expected to slow faster th...

    Posted on jul 11, 2017

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  • Philippines to lead Asian growth as workforce rise

    Why demographics matter so much for economic growth

    India and the Philippines are likely to post Asia’s fastest economic growth rates in coming years as their working-age population keeps expanding through 2020, in contrast with shrinking workforces across North Asia, Nomura Holdings Inc. estimates show.

    Philippines, with 31% of its population currently under the age of 15, is projected to see a 1.9% expansion of its 15-to-65 year-old population this year, with Malaysia’s due to rise 1.6% and India 1.5%, Nomura economists said in a report. Malaysia’s population growth, however, is expected to ...

    Posted on mei 12, 2017

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  • Interesting deployment report from Workabroad.ph

    Which categories of Overseas Filipino Workers are much in demand ?

    On Wednesday, November 23, Workabroad.ph issued its Overseas Salary Report. Workabroad.ph is an online employment marketplace that covers several Asian countries like Indonesia, Malaysia, Thailand and the Philippines. It also is the Philippines' leading job site for overseas employment opportunities and currently covers 90% market share of overseas employers. Job postings on Workabroad.ph can only be posted by recruitment agencies registered with and licensed by the Philippine Overseas Employment Administration (POEA).

    From Ja...

    Posted on nov 24, 2016

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