Impact of job losses, wage cuts, says Citi Citigroup said it was expecting foreign exchange remittances to the Philippines to grow by only 3.0 percent this year because of the adverse impact of job losses and wage cuts overseas.
The Philippine economy as measured by the gross domestic product (GDP) will grow 4.3 percent this year even if the global financial crisis worsens, a government development think-tank said.
ASIA is likely to have 7.2 million more jobless people in 2009 than last year due to fallout from the global economic crisis, raising the region’s jobless rate to 5.1 percent, the International Labor Organization said Wednesday.
A rising number of Filipinos are reportedly among the thousands of workers being laid off in South Korea because of the global financial crunch, an embassy report said yesterday.
MANILA, Philippines – The Romanian government is in need of Filipino workers to maintain their railway network, considered the fourth largest railway system in Europe.
MANILA, Philippines—The number of unemployed in Asia could swell to 113 million in 2009, or 22.3 million more than last year, due to the global economic crisis, according to the most pessimistic scenario of the International Labor Organization (ILO).
CITIBANK is hiring 1,000 more people as it expands its Philippine operations this year, country manager Mark Jones said yesterday.
The total global deployment of overseas Filipino workers (OFWs) surged to more than 1.376 million in more than 190 host destinations worldwide in 2008, the Department of Labor and Employment (DOLE) today reported.
Vice President Noli de Castro proposed yesterday to the Department of Foreign Affairs and Department of Labor and Employment to implement a selective deployment ban in Iraq, Lebanon and Nigeria.
Bahrain needs more foreign workers and would hire Filipino workers to support its booming economy, according to a Macalañang press release on Wednesday that quoted the prime minister of the Middle Eastern kingdom.
The Middle East and not the United States will provide jobs for overseas Filipino workers, the recruitment industry reported yesterday.
The government is still depending heavily on other countries to provide jobs and assistance to thousands of its workers who are daily losing jobs both here and abroad.
Vice President and Presidential Adviser on overseas Filipino workers (OFWs) Noli de Castro said yesterday the Philippine government’s ban on the deployment of Filipino workers to Jordan, Afghanistan, Nigeria, Iraq and Lebanon stays.
Overseas Filipino workers (OFWs) have proven to be more popular than ever among foreign employers.
TRAPPED in the web of the global financial crisis, at least 168 retrenched overseas Filipino workers (OFW) in Taiwan have yet to receive full payment of their salaries for the remaining months of their contract, a migrant group reported.
Although Singaporeans are “tightening their belts” because of the global economic crisis, there are plenty of opportunities for overseas Filipino workers (OFWs) on the island-state, its ambassador said Thursday.
Japan will hire at least 1,000 nurses and caregivers in the next two years, the Philippine Overseas Employment Administration (POEA) reported yesterday.
More than 60,000 overseas Filipino workers (OFWs) were hired in various countries abroad in the last month of 2008 despite the financial crisis, the Philippine Overseas Employment Administration (POEA) reported yesterday.
A special team from the Department of Labor and Employment will be dispatched in countries where there are large concentration of Filipino workers to determine if they can hold on to their jobs in the aftermath of the global financial crisis.
At least 2,500 Filipino workers have lost their jobs in Taiwan amid a global economic slowdown, and more are expected to be sent home in the coming months, the Philippine Overseas Employment Administration (POEA) said yesterday.
The influx of Filipinos securing jobs overseas does not redound to lower unemployment rate in the country after all, a report from the Philippine Migration and Development Statistical Almanac showed.
Filipina Muslims protest Israel’s assault on Gaza Strip in front of the Israel Embassy in Makati City yesterday.
The Philippine Overseas Employment Administration (POEA) yesterday reported that at least 1,000 more overseas Filipino workers (OFWs) have lost their jobs in Taiwan and other countries due to the global financial crisis.
Good news for displaced overseas Filipino workers (OFWs) from Taiwan.
Job recruiters expressed optimism yesterday that at least 20,000 jobs await Filipino nurses and other health workers in the Kingdom of Saudi Arabia and other countries in the Middle East.
Unfazed by the raging global economic crisis which has already displaced thousands of workers, the Philippine Overseas Employment Administration (POEA) said it would intensify efforts to help more Filipinos find jobs abroad this year.
While a number of overseas Filipino workers, many from Taiwan, have been returning home jobless, Philippine Overseas Employment Administration records show that around 3,000 leave every day to work abroad. As the OFW picture keeps changing, note these POEA concerns: • The nationalization policy in many Gulf countries limits hiring foreign workers, particularly unskilled labor.…
Taiwan to lay off 5,000 next year The Philippine government said it projects a minimal displacement of overseas Filipino workers (OFWs) despite the sweeping global financial crisis, because Arab countries could absorb a large number of Filipino workers.
The hiring of Filipino workers overseas has gone up despite the global economic slowdown, according to the government.
TWENTY-TWO of Qatar’s largest companies will be hiring Filipinos starting next month to fill up 37,000 positions in the energy, transport and construction sectors, Press Secretary Jesus Dureza said yesterday.
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
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