Tag: ofw
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Middle East tensions may impact OFW remittances, inflation
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By Luisa Maria Jacinta C. Jocson, Reporter THE ONGOING Israel-Iran conflict may hurt remittances from Middle East-based overseas Filipino workers (OFWs), as well as increase volatility in oil prices that may stoke inflation, analysts said. “This might be exacerbated by the potential effect on Filipino OFWs. While in the past, alternative…
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Winning OFW families grateful to OWWA for MOFYA, cite BDO for fostering culture of saving
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The winners of the Model OFW Family of the Year Awards (MOFYA) — who won the annual search for the best practices on nurturing their family amid challenges — expressed their gratitude to the Overseas Workers Welfare Administration (OWWA) for the honor and to BDO Unibank as well for instilling…