Search Results for: business

Top 5 OFW Common Problems During Pandemic

ofw common problems

There are more than 10 million OFW’s around the world pre pandemic scenario. They are the unsung hero helping our economy reach its milestone these days. However, during this pandemic, a lot of them are either displaced, unemployed or repatriated back to Philippines. The effect of the pandemic is not limited to Filipinos. It’s happening worldwide, devastating even the 1st ... Read More »

Millions of OFW’s Left Unemployed by the Pandemic

In Philippines, OFW’s (Overseas Filipino Workers) are hailed as modern day heroes. They contributed a lot in the economy, sending back money to their loved ones for local consumption. Thus, fuelling our economy. It is estimated that their total contribution alone contributed to around 11% of the countries GDP (gross domestic product) according to 2018 data. They are mainly responsible ... Read More »

75% or 54M Filipinos Do Not Have Investments

This data is not shocking at all. Perhaps it’s even lower on the outskirts part of the country, where financial literacy is really non existing. There is a huge part of our population that do not have investments or access to any financial products. Most likely they do not have money to save/invest or they do not know anything about ... Read More »

In Times of Crisis, Hold On to Your Cash

hold cash

SARS pandemic in 2002 only lasted for 8 months. There were no widespread lock down and no millions of jobs lost. Economy around the world were not that much affected.Then came the COVID 19 pandemic which was believed to start as early as Dec 2019. It’s now October of 2020 and still no sight of getting better. 2nd wave or ... Read More »

Managing Your Finances During the Pandemic

There’s no doubt that the COVID 19 pandemic has caused us a lot of stress, especially since half of the workers are underpaid or are currently jobless. We have been in quarantine for so long yet nothing has changed, only the salaries of our workers. Managing your finances is an essential nowadays because you know what you’re spending our money ... Read More »