The ‘strong peso’ and the folly of OFW export

Addressing the impact of the lowering peso value requires more than the mitigating measures government has so far implemented, including the hedge fund set up by the DBP, and Malaca?ang?s fiscal stimulus program.

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Noli wrong: Rising number of OFWs show Philippines’s bankruptcy ? Migrante

MANILA — Contrary to Vice-President Noli de Castro?s assertion that the growing number of Filipinos employed abroad was proof of an economic boom ? an alliance of overseas Filipino groups said the rising number of OFWs underline a worsening Philippine economy.
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Philippines: Labor dept to create Maritime Office

MANILA– To speed up assistance to the maritime industry particularly in addressing the concerns for Filipino seafarers, Labor and Employment Secretary Arturo D. Brion is set to create a maritime office under his direct supervision.

Brion said that the Maritime Office will be manned by a full time maritime officer, LCDR Eustacio Nimrod Enriquez who is currently serving as Deputy Executive Director of the National Maritime Polytechnic (NMP) in Tacloban.
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