BDO recently pledged P1 million to the Philippine Overseas and Employment Administration (POEA) which serves as the bank’s deed of donation to support the agency in the execution of its OFW programs.
In recent years, BDO has been actively participating in the programs and other events organized by the POEA. Aside from offering convenient and reliable remittance service, BDO has been giving them easier access to BDO loans and investment opportunities through its Asenso Kabayan Program.
The Philippine Overseas Employment Agency (POEA) posted an advisory in their website advising the public to be wary of an illegal recruitment practice inviting Filipino students to go to London on a student visa. The recruiters were Filipinos based in London who promised them jobs in nursing homes for twenty (20) hours with pay as part of the curriculum.
According to the reports from the Philippine Embassy in London, 34 Filipino students have been victimized by these said recruiters. Police authorities raided the school for failure to open the courses promised to the students.
The students are supposed to be attending the London School of Health & Management Studies (LSHMS) after payment of the amount of 2,500 – 3,500 British Pounds or some US$5,000 – US$7,000 for tuition and student visa fees. The victims also paid additional 150 British Pounds for transportation expenses upon arrival in the United Kingdom.
Please pass this information on to your friends who are looking for POEA jobs abroad so they can be guided and warned accordingly.
AN ACT TO STRENGTHEN THE REGULATORY FUNCTIONS OF THE PHILIPPINE OVERSEAS EMPLOYMENT ADMINISTRATION (POEA), AMENDING FOR THIS PURPOSE REPUBLIC ACT NO. 8042, OTHERWISE KNOWN AS THE “MIGRANT WORKERS AND OVERSEAS FILIPINOS ACT OF 1995″
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
SECTION 1. Section 23, paragraph (b.1)o f Republic Act No. 8042, otherwise known as the “Migrant Workers and Overseas Filipinos Act of 1995″ is hereby amended to read as follows: Read the rest of this entry »