Napansin nyo ba kung ano ang ginagawa ng mga langgam bago sumapit ang tag-ulan?
Have you noticed it? Nakakatuwa sila di ga?
I always noticed them roaming around and marching in a colony like an army or battalion. When you watch and followed them closely, it seems like they are gathering food to be stored in their nest. Probably the foods will be consumed when the time that they cannot get outside due to rain or floods. With this scenario, I can’t help but to be amazed for their commitment and preparedness that we should learn from them.
For Overseas Filipino Worker (OFW) like us, the most awaited launching of iDOLE or Identification Card for OFW’s last July 12, 2017 to help millions of migrant workers worldwide. However, we have to wait for official announcement from our gov’t official or check advisory from time to time at POEA/DOLE for the distribution of the said ID’s as implementing guidelines are not yet finalized. For the meantime, Overseas Employment Certificate (OEC) still will be processed through Balik-Manggagawa Online Processing System.
The introduction of iDOLE card still brought some light to most of us – OFW’s. Once the ID was issued, it will help lessen the burden of going to POEA to process our Overseas Employment Certificate (OEC) especially for returning OFW’s with re-contract or re-hire. Also, we can use it in claiming benefits from reputable government institutions such as Social Security System (SSS), Philippine Health Insurance Corporation (Philhealth) and Home Development Mutual Fund (HDMF or Pag-Ibig Fund). In addition, like OEC, OFW ID Card holders will be exempted for paying travel tax and terminal fee.
All Overseas Filipino Workers are entitled for iDOLE or OFW ID Card as long as documents are legally processed at POEA. As of now online application for OFW ID Card still not available or still in testing phase. OFW’s was advised to wait for the official announcement or launching and to rest assured that the OFW ID Card is 100% free of charge.
For interested returning OFW’s you may inquire at DOLE offices or any of their branches nationwide and bring valid ID’s such as passport, NBI, SSS and your Overseas Employment Certificate (OEC) receipts for validation purposes and proof of identification. Follow the instruction of the government personnel in-charge at the counter on how to acquire or process iDOLE or OFW ID Card.
Nowadays, some of the so called “Investment Opportunities” being offered to you is not what you think it is. In this regard, we must protect ourselves by continuous practice of due diligence and caution when planning to invest. Besides, Investing in any kind of business venture requires proper knowledge or understanding for our protection and safety. Also, we need to properly identify where to allocate the funds, the benefits and the risk associated of the potential investment. If in doubt, seek professional help prior to commit or accept any investment offer. Continue reading “Warning! Beware of Investment Scams in the Philippines”
“Sebisyo ng Gobyerno: Kaakibat ng Pamilyang Pilipino sa Kaunlaran”
For Overseas Filipino Workers and aspiring OFW’s, One-Stop service center inaugurated last August 15 is a must wherein all government services are readily available in one area. It will now easier to process documents and thus saving time and money specially transportation expenses. With, all these improvements, government’s program and services are certainly a bridge and a guide for OFW and would be Overseas Filipino Worker’s welfare
To achieve financial freedom, we must take action and control our personal finances. Learn how to track our expenses and know proper budgeting. Practice saving regularly a portion of our monthly salary for emergency funds and future investment. Remember to insured our life and health first before we proceed investing in other investment vehicles.
What is Mutual Fund and why invest with this kind of investment?
Mutual Fund is a collection of funds of individual, entity, corporation or other investor and managed by a professional fund manager of an investment company. The pooled funds are then invested by a fund manager to a diversified portfolio like stocks, bonds and other instruments.
The following are the four types of Mutual Funds where the pooled assets are invested:
Money Market Funds -less risky than other funds but low returns. Short term only (1 year or less). Invest in short-term time deposits, corporate bonds and government securities.
Bond Funds – lesser risk than other funds and the returns is greater than Money Market Funds. Medium to long-term. Invest in bonds issued by corporations and the Philippine Government.
Balanced Funds- medium to high risk but with possible higher earning returns than Bond Funds. Invest in combination of both individual bonds and stocks.
Stock Funds / Equity Funds – high risk but possible highest return from other types of funds. Invested primarily in individual stocks listed in the Philippine Stock Exchange.
There was an excitement and curiosity on my part when I was selected by my employer several years ago to deploy and work in Turkmenistan particularly in South Yoloten. To be honest I really don’t know the country or the place we are going to work. Good thing is that the period of my stay there brought me learning of their culture, their tradition and the people itself.
By the way, have you been in Turkmenistan particularly in South Yoloten and Mary City? Are you planning to work or travel here? If you are an OFW or traveler bound to Turkmenistan, you should asked the Flight Attendant in NAIA where your baggage will be picked up, otherwise you will be one of those OFW who came there who had lost their luggage and personal belongings.
“The earlier start investing, the more time the money can grow” – Sounds familiar? Well, you might heard of it saying by most financial gurus, planners or investment advocates in the seminar, webinar or read it in the financial blog. While it is being true, putting it into practice might be hard for many due to lack of financial education and personal motivation to do it.
One of the benefits of being Overseas Filipino Worker (OFW) is being entitled to program and services of Overseas Workers Welfare Administration (OWWA). One of which is Skills-for-Employment-Scholarship Program or SESP under Education and Training Assistance of OWWA’s Program for OFWs and dependents.
The following are documentary requirements to be submitted and procedure for verification or certification of OFW Records in POEA. This is one of the services given by POEA to Overseas Filipino Workers (OFW).