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
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
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
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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