Senator Raffy Tulfo is eyeing mandatory free financial literacy training for OFWs in a bid to equip them against investment scams and other online frauds. | BPinlacINQ
Because of this, Tulfo stressed he is seeking to boost the financial education of Filipinos, especially OFWs, by mandating that they complete financial literacy seminars before they leave the Philippines and upon their arrival at their country of destination. The financial literacy education should be given for free, he added.
Under the bill, the Department of Finance is enjoined to lead the conduct of the seminars in coordination with the Department of Migrant Workers. If passed into law, the measure compels the government to “educate the OFWs on the budgets and actual expenditures of government institutions, provide credit information on micro- and small-scale enterprises to prospective lenders, and prioritize the liens on real estate and movable collaterals to secure loans.”
“Financial literacy should include education on financial products such as stocks, bonds, insurance, and mutual funds, which are available in the market,” the bill states.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
99 more OFWs from Sudan to arrive at NAIAA total of 99 overseas Filipino workers (OFWs) from Sudan are expected to arrive on Sunday evening, May 7. | ManilaBulletin
Baca lebih lajut »
Imee Marcos seeks inquiry into AI's impact on call center, factory jobsSenator Imee Marcos filed a resolution calling for an inquiry into the possible effects artificial intelligence (AI) would have on business process outsourcing (BPO) and original equipment manufacturing (OEM) jobs.
Baca lebih lajut »
Hontiveros: Privatization not a quick fix for airport woesSenator Risa Hontiveros has urged the government to improve the management of airports, saying privatization of the country's gateways is not the answer to issues hounding them.
Baca lebih lajut »
Imee wants probe on AI job impactImee wants probe on AI job impact “AI is developing faster than most people can comprehend and is threatening to take away jobs and turn employment growth upside down,” the senator warned. READ MORE:
Baca lebih lajut »
Bianca Manalo and Sen. Win Gatchalian explore the wonders of AustraliaBianca Manalo and her longtime boyfriend, Senator Sherwin 'Win' Gatchalian, flew to Australia for a vacation and made the most of their time there while exploring different places in the country. The couple both enjoyed their adventure in the land down under where they got to see its famous landmarks like the Sydney Opera House, natural environment, and government buildings. Other than the touristy things they did there, Bianca and Win also simply enjoyed going to the wildlife area, trekking in a rainforest, and eating fresh seafood. On top of that, what makes their trip interesting is their visit to Australia's Parliament House
Baca lebih lajut »