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Aug 13 19, 1:17 pm

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The number of prisoners that have tested positive for coronavirus disease (COVID-19) in the Philippines now stands at 517, Malacañang reported on May 25. According to the Palace, some of these COVID-19 positive prisoners detained in the facilities Bureau of Management...

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Credit assistance program for newly-hired OFWs pushed in Senate

by | News

Aug. 13, 19 | 1:17 pm

Kung magiging isang batas, pwede makapagloan ang mga OFW at kanilang pamilya ng hanggang P50,000. Read on #TheFilipinoTimes

An OFW bill is being pused in the Senate to allow newly-hired overseas Filipino workers to borrow up to P50,000 from Overseas Workers Welfare Administration (OWWA) payable in 12 months.

Senate Bill No. 801 filed by Sen. Bong Revilla aims to provide credit assistance program to help newly-hired Overseas Filipino Workers (OFWs) financially provide for their families during the first three months of their employment.

Under this bill, prospective OFWs having a valid contract certified by the Philippine Overseas Employment Agency (POEA) may avail a cash loan payable in 12 months or more but not exceeding 24 months at a preferred interest rate of 6 percent per annum.

Data from the Philippine Statistics Authority (PSA) revealed that there are 2.3 million overseas Filipinos who sent a total of P235.9 billion in remittances during the period April to September 2018.

These remittances were divided into three types: cash sent home (P 169.4 billion), cash brought home (P 55.2 billion), and remittance in kind (P 11.2 billion).

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Radio DJ Mo Twiter is now engaged to longtime girlfriend and former radio co-host Angelicopter.   The radio host proposed to Angelicopter, whose real name is Angelika Schmeing, via his podcast ‘Good Times with Mo’. In this episode, a girl named Karla—who turned out to...

517 prisoners in PH test positive for COVID-19

517 prisoners in PH test positive for COVID-19

The number of prisoners that have tested positive for coronavirus disease (COVID-19) in the Philippines now stands at 517, Malacañang reported on May 25. According to the Palace, some of these COVID-19 positive prisoners detained in the facilities Bureau of Management...

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 2.5 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

FOLLOW US

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