Investment programme for OFWs

Overseas Filipino workers (OFWs) can now invest their earnings in profitable endeavours while still working abroad, by enrolling their family members in a special training course that will educate them on technologies that they can use in business.

An agreement signed by the Technology and Livelihood Resource Centre (TLRC) and the Overseas Workers' Welfare Administration (OWWA) allows OFWs and their families the opportunity to learn various skills from anywhere to candle-making to manufacturing fibreglass accessories which they can use in establishing a business.

According to TLRC Director-General Federico A. Laxa, it will also be a big help to OFWs who have returned home to settle and engage in local livelihood.

He said the programme will be implemented with the assistance of Philippine consulates and through joint consortiums with organised Filipino communities abroad.