The Department of Foreign Affairs (DFA) and the Department of Trade and Industry (DTI) have issued a warning to Overseas Filipino Workers against franchising scams. According to the public advisory: Sphere: Related Content

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A new law will take away the Documentary Stamp Tax on OFW remittances which means more pesos sent home for every dollar remitted. Read on: MANILA, Philippines—As the amended Migrant Workers Act come into force, overseas Filipino workers (OFWs) can now count on some P1.3 billion in extra savings with the abolition of the documentary [...]

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OFWs have been buffering the Philippine economy for years now which has kept the Philippines from feeling the brunt of the global downturn.  If OFWs have this much influence on the Philippine economy then it should be interesting to find out what the next President has in store for OFWs.  Sphere: Related Content

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You might have been wondering why your dollars convert to less amount of Peso these days compared to some years ago.  Normally it should be a good sign because a strengthening Peso is an indicator that the Philippine economy is doing better but back home you do not see any signs of expected improvement.  Sphere: [...]

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The game that Robert and Kim Kiyosaki (of Rich Dad Poor Dad) developed – Cashflow 101 and 202 can now be played online for free.  Image taken from RichDad.com This game is a good way to test your financial literacy and see if you have what it takes to get you out of the rat [...]

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Families of Overseas Filipino workers (OFW) from Iloilo now have a Global Pinoy Center near them as it opens in SM City in Iloilo. 

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