Filipinos in the UAE continually learn to save and consider real estate and properties as prime investments, based on recent data from the Philippines’s home development mutual fund, popularly known as PagIBIG Fund.
Filipinos in the UAE support the decision of the Duterte Administration in imposing a March 15 to April 14 “community quarantine” of the national capital region of Metro Manila (MM) to contain the rapid spread of the global pandemic Coronavirus 2019 (COVID19).
Together with the other 14,617,850 paying members of Manila’s PagIBIG Home Development Mutual Fund (PagIBIG) across the globe, 72,150 paying members in the UAE were able to save and are therefore beneficiaries of the additional Php50.8 billion (Dhs3.61 billion/$983.11 million) resources in 2019.
The Philippine Overseas Labour Office in Dubai (POLODXB) will come up with an online system for the submission of documents required for the one-time Php10,000.00 ($200.00 or Dhs734.61) monetary assistance to all laid off overseas Filipino workers (OFWs) in Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah and Fujairah due to the pandemic.
The Philippine Overseas Labor Office in Al Qusais, Dubai (POLODXB) resumed on Thursday the acceptance of applications for the one-time Php10,000.00 ($200.00/Dhs730.00) financial help extended to terminated/no work-no pay status overseas Filipino workers (OFWs) as a consequence of the Novel Coronavirus pandemic.
Loan borrowers from the Philippines’s PagIBIG Fund (Home Mutual Development Fund) can heave a sigh of relief as officials of the government-owned-and-controlled corporation (GOCC) have announced a three-month or 90-day deferment on their payments.
Filipino Sahron Tamano from Marawi City, Lanao del Sur in Mindanao had his first fasting experience, guided by his widowed mother and alongside cousins of his age when he was seven years old.
The Philippine Overseas Employment Administration (POEA) on Monday distanced itself from the Philippine Health Insurance Corporation (PhilHealth) which became controversial after recent weekend news announced that all overseas Filipino workers, estimated at over 12 million around the world, must contribute three per cent of their monthly salary to this agency in order to re-energise the ailing universal healthcare system of the Southeast Asian country.
Officials of two organizations representing overseas Filipino workers (OFWs) believe the Duterte administration could have other fund sources for the beleaguered Philippine Health Insurance Corporation (PhilHealth) to fulfill the noble goal of the 2019-enacted Universal Healthcare Law.