Job and small business creation are now one of the priotrities of the government to help Filipinos especially returning overseas Filipinos workers (OFWs) that have lost their jobs as a result of the global financial crisis, the Department of Trade and Industry (DTI) said.
Trade Secretary Peter B. Favila said he has mobilized all DTI bureaus and attached agencies to provide livelihood assistance.
Favila said that people who have trouble finding new jobs after losing their present employment may opt to put up their own livelihood by starting up a business.
DTI is among the government agencies tasked by President Arroyo to create one million jobs for the poor by July this year.
Favila said his department is ready to advise people on what businesses to enter and how to apply for a loan to be used as start up capital.
The DTI already have programs in place to help existing micro, small and medium enterprises (MSMEs). Among the services that the Department can readily provide to business start-ups include instruction on basic business skills, product and packaging design assistance, market exposure and access, financing.
For financing, Favila allocated at least 10 percent of DTI’s budgetary allocation for livelihood and employment generation programs.
In fact, he has ordered the DTI to study the possibility of realigning budgets for foreign travels and missions, and requested the Development Bank of the Philippines to provide additional money for loans.
Likewise, he said they will embark on a massive training and development program on how to start a business as an immediate intervention to those who may be displaced from work, especially to overseas Filipino workers (OFWs).
Data from the Department of Labor and Employment (DOLE) showed that the number of OFWs displaced due to the prevailing economic crisis is increasing with reports that as of December of 2008, DOLE recorded a total of 946 displaced workers mainly from Taiwan; 200 Filipino seafarers on board different foreign vessels retrenched; and 300 construction workers expelled from Macau after several casino hotel projects were stopped when foreign investors backed out from the projects due to the economic crisis.
Favila said that the Department would be closely working with other government agencies to ensure that there will be synergy of efforts to provide the maximum services.–Ma. Elisa P. Osorio, Philippine Star
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
