Data by the Bangko Sentral ng Pilipinas shows total remittances from OFWs increased in the first quarter of 2023.
Overseas Filipino Workers (OFWs)
The Philippines will sign new bilateral deals with Germany and UK to deploy more Filipino workers in the European region.
BSP announced that remittances entering the Philippines coming from OFWs are expected to grow by 4% annually.
Department of Labor and Employment urged to resolve the halt on Taiwan protocols to allow the entry of OFWs.
The Philippine Overseas Labor Office (POLO) Attache Rachel Zozobrado-Nagayo disclosed on Friday, May 21, that the emerging construction sector in Toronto, Canada, will be needing Overseas Filipino Workers (OFWs) for theirmanpower requirements.
Approximately 600,000 Overseas Filipino Workers (OFWs) seek financial aid from the Department of Labor and Employment (DOLE) due to the COVID-19 pandemic.