Latest OFW News
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I hope you guys are following some of the important OFW news. Here are a couple of them - click the link to follow the story:
1. Land Bank, DBP eye 70% of OFW bank
STATE-OWNED Land Bank of the Philippines and Development Bank of the Philippines (DBP) plan to acquire jointly up to 70 percent of the Malacañang-backed, P1-billion Overseas Filipino Workers Bank, or OFW Bank, to be created out of the government’s Philippine Postal Bank, Land Bank officials said…
2. OFWs’ role in Saudi progress behind mass pardon by king
This should be a really, really good news to the families of these OFW’s. Here’s an excerpt.
THE FREEING of several hundred overseas Filipino workers jailed in Saudi Arabia was the Saudi government’s way of acknowledging the contributions of OFWs to the oil-rich kingdom’s economic development in the past few decades, according to Labor Secretary Patricia Sto. Tomas.
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