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                    [ArticleID] => 632965
                    [Title] => More on OFWs as investors
                    [Summary] => 
Ms. Ellene Sana of the Center for Migrant Advocacy Philippines emailed  and reminded us that in the previous administration, GMA referred to  OFWs as OFIS (Overseas Filipino Investors). 
                    [DatePublished] => 2010-11-25 00:00:00
                    [ColumnID] => 133239
                    [Focus] => 0
                    [AuthorID] => 1223596
                    [AuthorName] => Cherry Piquero Ballescas
                    [SectionName] => Freeman Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 508718
                    [Title] => Rural banks launch OFW Bayaning Bayanihan campaign
                    [Summary] => 
Eleven of the country’s biggest rural banks have partnered with the Economic  Resource Center for Overseas Filipinos (ERCOF) to help the country’s 10 million overseas Filipino workers (OFWs) by providing them and their families with traditional banking and microfinance services in their respective towns and provinces.
                    [DatePublished] => 2009-09-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => The Good News
                    [SectionUrl] => the-good-news
                    [URL] => 
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            [2] => Array
                (
                    [ArticleID] => 359484
                    [Title] => Absentee heroes
                    [Summary] => 



Economic indicators show that the Philippine economy continues to improve. The increasing and sustained value of the peso is observable amidst reports of weakening currencies in the Asian region. Bangko Sentral ng Pilipinas Deputy Governor Diwa Gunigundo attributes the peso’s strength to "strong inflows of remittances and investments and positive sentiment following the good fiscal performance.
                    [DatePublished] => 2006-09-23 00:00:00
                    [ColumnID] => 135430
                    [Focus] => 0
                    [AuthorID] => 1115213
                    [AuthorName] => Alejandro R. Roces
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

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                    [ArticleID] => 337544
                    [Title] => Comm’l banks still main conduit for OFW inflows
                    [Summary] => DAVAO CITY – The country’s commercial banks, including several foreign players, remained the main conduit for the remittances of overseas Filipino workers (OFWs), accounting for more than 93.6 percent of all remittances entering the Philippines.


In 2004, the commercial banks accounted for $7.15 billion of the total $8.6-billion remittances that passed through the formal sector. Last year, remittances through the formal sector reached $10.6 billion.


                    [DatePublished] => 2006-05-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 336905
                    [Title] => RBs outperform banking industry anew
                    [Summary] => In the past four years, the rural banking system has risen from the Philippine banking system’s "poor cousin" to the most profitable.


The once parochial, myopic and antiquated system is not only becoming what others classified as regional business centers, or community banks to global community banks. It has not only infused credit into the provincial and regional level but it has extended its reach to overseas Filipino workers (OFWs) and migrant Filipinos.


                    [DatePublished] => 2006-05-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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ECONOMIC RESOURCE CENTER

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                    [ArticleID] => 632965
                    [Title] => More on OFWs as investors
                    [Summary] => 
Ms. Ellene Sana of the Center for Migrant Advocacy Philippines emailed  and reminded us that in the previous administration, GMA referred to  OFWs as OFIS (Overseas Filipino Investors). 
                    [DatePublished] => 2010-11-25 00:00:00
                    [ColumnID] => 133239
                    [Focus] => 0
                    [AuthorID] => 1223596
                    [AuthorName] => Cherry Piquero Ballescas
                    [SectionName] => Freeman Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 508718
                    [Title] => Rural banks launch OFW Bayaning Bayanihan campaign
                    [Summary] => 
Eleven of the country’s biggest rural banks have partnered with the Economic  Resource Center for Overseas Filipinos (ERCOF) to help the country’s 10 million overseas Filipino workers (OFWs) by providing them and their families with traditional banking and microfinance services in their respective towns and provinces.
                    [DatePublished] => 2009-09-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => The Good News
                    [SectionUrl] => the-good-news
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 359484
                    [Title] => Absentee heroes
                    [Summary] => 



Economic indicators show that the Philippine economy continues to improve. The increasing and sustained value of the peso is observable amidst reports of weakening currencies in the Asian region. Bangko Sentral ng Pilipinas Deputy Governor Diwa Gunigundo attributes the peso’s strength to "strong inflows of remittances and investments and positive sentiment following the good fiscal performance.
                    [DatePublished] => 2006-09-23 00:00:00
                    [ColumnID] => 135430
                    [Focus] => 0
                    [AuthorID] => 1115213
                    [AuthorName] => Alejandro R. Roces
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

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                    [ArticleID] => 337544
                    [Title] => Comm’l banks still main conduit for OFW inflows
                    [Summary] => DAVAO CITY – The country’s commercial banks, including several foreign players, remained the main conduit for the remittances of overseas Filipino workers (OFWs), accounting for more than 93.6 percent of all remittances entering the Philippines.


In 2004, the commercial banks accounted for $7.15 billion of the total $8.6-billion remittances that passed through the formal sector. Last year, remittances through the formal sector reached $10.6 billion.


                    [DatePublished] => 2006-05-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 336905
                    [Title] => RBs outperform banking industry anew
                    [Summary] => In the past four years, the rural banking system has risen from the Philippine banking system’s "poor cousin" to the most profitable.


The once parochial, myopic and antiquated system is not only becoming what others classified as regional business centers, or community banks to global community banks. It has not only infused credit into the provincial and regional level but it has extended its reach to overseas Filipino workers (OFWs) and migrant Filipinos.


                    [DatePublished] => 2006-05-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

        )

)

abtest

More on OFWs as investors

By Cherry Piquero Ballescas | November 25, 2010 - 12:00am

Ms. Ellene Sana of the Center for Migrant Advocacy Philippines emailed and reminded us that in the previous administration, GMA referred to OFWs as OFIS (Overseas Filipino Investors).

Freeman Opinion

Rural banks launch OFW Bayaning Bayanihan campaign

September 27, 2009 - 12:00am

Eleven of the country’s biggest rural banks have partnered with the Economic Resource Center for Overseas Filipinos (ERCOF) to help the country’s 10 million overseas Filipino workers (OFWs) by providing...

The Good News

Absentee heroes

By ROSES & THORNS | By Alejandro R. Roces | September 23, 2006 - 12:00am

Economic indicators show that the Philippine economy continues to improve. The increasing and sustained value of the peso is observable amidst reports of weakening currencies in the Asian region. Bangko Sentral...

Opinion

Comm’l banks still main conduit for OFW inflows

By Ted P. Torres | May 20, 2006 - 12:00am

DAVAO CITY – The country’s commercial banks, including several foreign players, remained the main conduit for the remittances of overseas Filipino workers (OFWs), accounting for more than 93.6 percent of...

Business

RBs outperform banking industry anew

By Ted P. Torres | May 16, 2006 - 12:00am

In the past four years, the rural banking system has risen from the Philippine banking system’s "poor cousin" to the most profitable. The once parochial, myopic and antiquated system is not only becoming...

Banking