Kwentong OFW

Menu
  • HOME
  • STORIES
  • OFW NEWS
  • WORLD NEWS
  • PHILIPPINES NEWS
  • JOBS
  • TIPS

KwentongOFW - The Place Where OFWs United.

Follow us on Facebook

20 Billion OWWA Fund to buy Bank name as “OFW BANK”

Spread the love
  • 3.9K
  •  
  •  
  •  
  •  
    3.9K
    Shares

According to Labor Secretary Silvestre Bello III the government is planning to establish a bank for overseas Filipino workers.

Bello said the Overseas Workers Welfare Administration has pooled almost P20 billion from the contribution of OFWs.

The government is planning to use this money to buy a bank and name it OFW Bank, the Labor secretary told OFWs in Hong Kong.

READ ALSO : List of Banks and Private Institutions for Personal, Housing and Auto Loans That OFWs Can Apply

Bello also met with labor officials in Hong Kong regarding the suggestion to add a clause in OFWs’ contracts saying the cleaning of windows in high-rise buildings is not covered by the service agreement, said the news portal.

A 35-year-old Filipina domestic helper fell to her death in August as she was reportedly cleaning the outside of the windows of her employer’s apartment, it said.

Domestic helpers in Hong Kong then marched in protest on Sept. 4 after several maids fell to their death from tower block windows as they tried to clean them. The Hong Kong government has no commitment yet regarding this matter, the report pointed out.

Bello also visited Filipinos in temporary shelters seeking refuge from employer abuse, reported GMA News.

He assured OFWs planning to return to the Philippines that the government will assist them so they can start a business

 


Spread the love
  • 3.9K
  •  
  •  
  •  
  •  
    3.9K
    Shares
  •  
    3.9K
    Shares
  • 3.9K
  •  
  •  
  •  
  •  
  •  
Share
Tweet
Google+
Prev Article
Next Article
Loading...

Related Articles

Spread the love     Dubai: Sweeping new rules by the Ministry of …

New United Arab Emirates labour rules kick in on January 1, 2016

Spread the love      Filipina healthcare coordinator allegedly stole Dh1.25 in …

Filipina nurse robs hotel of Dh1.25 M

Spread the love     If there are cases of child abuse by …

Touching Moment Shared Between Maid And Children She Takes Care Is Making Rounds Online

Spread the love10K    10KShares  MACAU – Newborn baby boy which umbilical …

OMG : Filipino and Indonesian lovers dumped their new born baby boy in Macau refuse depot area.

Spread the love10    10SharesLabor and Employment Secretary Silvestre Bello III yesterday …

GOOD NEWS : POEA Board exempts qualified Balik-Manggagawa from OEC requirement

Spread the love     Another serious issue in NAIA happened yesterday, January …

A Seemingly Serious Issue In NAIA Turns To Be A Funny One!

Tags:Labor Secretary Silvestre Bello III OFW Bank OWWA OWWA FUNS

Share Your Comments

Comments

Leave a Reply

Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Loading...
Follow @Kwentong_OFW
DMCA.com Protection Status

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

we respect your privacy and take protecting it seriously

Kwentong OFW

IMPORTANT LINKS

  • SUBMIT YOUR STORY
  • ABOUT US
  • PRIVACY POLICY
  • DISCLAIMER
  • CONTACT US

CATEGORIES

  • balitang OFW (1,258)
  • Exchange Rate (56)
  • kwentong OFW (1,170)
  • OFW JOBS (81)
  • OFW TIPS (212)
  • PINAS NEWS (215)
  • tulang OFW (9)
  • WORLD NEWS (131)

Most Popular -Day

  • OFW sa UAE Nanalo Ng Dh500,000 Sa Mismong Araw ng Anibersaryo ng Pagkamatay ng Anak
  • Lebanon To Implement Lockdown For Three Week Over Soaring Number of Cases
  • OFW Mother Gives Birth At The Airport’s Restroom
  • 250 Domestic Worker Recruitment Agencies Shut Down In UAE

Most Popular – Week

  • OFW Dependent Scholarship Program
  • WATCH: Footbridge Brawl of Filipinos in Hong Kong
  • “Get Out In Canada- Racist Attacker of A Filipina in Canada, Charged
  • OFW sa UAE Nanalo Ng Dh500,000 Sa Mismong Araw ng Anibersaryo ng Pagkamatay ng Anak

Most Popular – Month

  • Pinoy sa Kuwait Tumalon Mula sa Ika-Walong Palapag Ng Kanyang Tinitirhan
  • “Wala Po Kayong Ambag Sa Kaban ng Bayan,” Says A Representative of Philippine Embassy To …
  • OFW Dependent Scholarship Program
  • DOLE’s AKAP Program Gets Another P1 Billion Budget For OFW Financial Assistance
Copyright © 2021 Kwentong OFW
All Rights Reserved KwentongOFW