Filipinos in South Korea

Philippine POEA ban Amazon and other 11 International Firm from Hiring Filipinos

POEA bars foreign firms from hiring Filipino workers

The Philippine Overseas Employment Administration (POEA) has barred 11 foreign employers from hiring Filipino workers due to their having defaulted on contractual obligations and for grave misconduct and violation of Philippine laws on overseas employment.

In a statement, POEA Administrator Hans Leo Cacdac identified the foreign employers as the following:

  • Lae International Hospital Ltd.
  • Al Yagoot Recruitment Office
  • Al Huda Engineering Works Co. WLL
  • First Kuwaiti Trading Corp.
  • Al Asmi Manpower Services
  • Around the World Services/Proactive HR Solutions
  • Hanjin Trading Co.  
  • Saweed Employment LLC.
  • Mal Lewis
  • Chair of Lae International Hospital Ltd. in Papua New Guinea
  • Epissan Mohd Ate Ter of Al Yagoot Recruitment Office based in Saudi Arabia.
  • Amazon International Manpower Specialist Inc. had its license revoked for violation of POEA rules and regulations governing the recruitment and employment of OFWs.

The case against Amazon stemmed from complaints filed by Arlyn Pasadas and Mrynalyn Saguid who said they were deployed by Amazon to Albania as a cook and caregiver, respectively, with a salary of $500. The two said they paid Amazon more than 100,000 each in placement fees but their employment papers did not go through the POEA process.

The complainants said they left for Albania on Nov. 30, 2010, on multiple visas with an Amazon employee escorting them through the airport.

They returned to the Philippines on Jan. 8, 2011, when their employer terminated their employment after they complained about violations of the terms and conditions of their contracts.

In his order, Cacdac declared Amazon International liable for charging excessive fees and collecting a placement fee from a household service worker, nonissuance of receipts, misrepresentation, deployment of workers to employers without POEA accreditation and other recruitment violations. (http://is.gd/HkflO8)

Inquirer Global Nation 

Filipino Economy Army remittance rise up 8.5 % in October 2012, Export to rise 11%

OFW line up to send money at a remittance center in the central district of Hong Kong in this 2008 file photo. Given expectations that remittances would continue to increase this year and that export earnings would rebound moderately from last year's contraction, the central bank projects that the GIR would hit at least $79 billion by the end of the year. AFP PHOTO/TED ALJIBE

Overseas Filipino remittances hit record $1.93-B in Oct., Bangko Sentral reports

Money sent home by Filipinos living and working abroad hit a record $1.93 billion in October, helped by more choices with which to send money back to the Philippines.

In a statement Monday, the Bangko Sentral ng Pilipinas said cash remittance inflow rose by 8.5 percent from $1.84 billion in October 2012 .

The latest figure boosted remittances in the first 10 months to $17.49 billion, up by 5.8 percent from $16.53 billion year on year.

The Bangko Sentral sees cash remittances increasing by 5 percent this year from the $20.11 billion in 2011.

"Remittances flows were supported by steady deployment of skilled and professional Filipino manpower abroad, combined with commercial banks' continued efforts to build up their network of remittance business partners worldwide," the Bangko Sentral said.

Demand for overseas Filipino workers (OFW) supports "favorable outlook for remittances through end-2012," it added.

Some 302,173 job orders were processed in October, accounting for 41.9 percent of the 721,338 jobs approved as of November, preliminary data from Philippine Overseas Employment Administration showed.

The trend is consistent with a World Bank findings that money sent home by OFWs would lift the Philippines to the third spot in the list of countries with the highest remittance inflow this year.

The multilateral lender noted that Filipinos are likely to send home a record $24 billion this year.

Over 10 million OFWs send remittances, which fuel domestic consumption and keep the economy afloat (http://is.gd/H7V6zi)

Filipino exporters see 2013 shipments growing 11%

Philippines will grow by 11 percent next year, driven by the services and electronics sectors, according to the Philippine Exporters Confederation.

PhilExport president Sergio Ortiz-Luis believes that eletronics would continue to recover in 2013

"Electronics I think will improve somehow," Ortiz-Luis noted in a statement, saying he did not thing the slump in the sector would last forever. "It will end sooner or later maybe towards the beginning of 2013," he added.

"On the services side, it would be tourism and BPOs [business process outsourcing]," he said. "They are exactly as big as the electronics," the PhilExport official said, noting that electronics account for almost half of total exports.

He urged exports to look beyond the persisting fiscal and economic problems in the Europe and the United States, and the strong peso that impacts on their receipts, by searching for and developing new markets and constant product innovation.

In the first 10 months of the year, exports reached $44.475 billion – up 7.1-percent year-on-year.

The export sector expected a 9 to 10-percent growth this year, and Ortiz-Luis noted the target was achievable since exports rebounded last September.

Trade Undersecretary Cristino Panlilio expect exporters to do what they could to top the record revenues of $51.4 billion in 2010.

"I believe they can do $12 billion more for the remainder of the year," Panlilio said during the National Export Congress in Manila early this month. (http://is.gd/Hm0b0m)

GMA News

Fluor Fortune 500 Global Company lauds Filipino Engineers’ diversity & World class quality

Daniel Spinks, Fluor Philippines country manager said that the Filipino work ethic plus their proficiency in English  makes it easy for the company to  deploy staff to any of their projects worldwide.

Int'l firm strikes gold in local engineers

For Fluor Philippines, a unit of international engineering firm Fluor Daniel, Inc., its pool of Filipino talent makes it very competitive in the global market.

Daniel Spinks, Fluor Philippines country manager said that the Filipino work ethic plus their proficiency in English  makes it easy for the company to  deploy staff to any of their projects worldwide.

"An English-speaking community, they can communicate well with others , working with a lot of Fluor offices around the world," said Spinks.

"They have a positive attitude. Used to working overseas a lot, they're are used to being mobile and find it easy to work with different cultures. They can adapt to a diverse kind of culture at work. And the big advantage is the very cost-competitive portion," also said Spinks who concurrently serves as manager for Fluor's operations in Singapore and Malaysia.

The Philippine operation of currently employs 2,250 people in its sites in Manila and Cebu, the third largest office of the FORTUNE 500 firm found in 75 locations.

"As a percentage, it's around 5 percent of Fluor population that's located here in the Philippines," said Spinks.

Fluor seeks to increase this number further as the company works to expand its business globally, said Spinks who was an Asia CEO Awardee as Expatriate Executive of the year for 2012.

Spinks said Fluor Philippines could hit 3,000 in a couple of years as work demand requires.

"It could get as big as it needs to support our business. Our company wants to double our sales in the next eight years. Our CEO wants to double the size of Fluor globally.  We double the size of Fluor, we double the size of the Philippines. I think 3,000 is a realistic target," he said.

"Because this office is very competitive, it makes us more competitive globally. And we had been here for 25 years now, we have a good base of people, experienced of people that understand our work practice through our work processes. It's easy for us to scale up the size of this office, and if you're going to grow, you usually want to grow in your most competitive location," added Spinks.

"I think as our business grows, we're going to put more emphasis on doing more of the engineering and design here and because of you'll see this one become one of the largest office, if not the largest," Spinks also said.

Fluor's Philippine operation is responsible for providing full services to the Asia Pacific region, doing all kinds of engineering for all various projects, from refinery to off-shore developments, mining and metals, chemicals, and others.

In the Philippines it is currently engaged in the third phase of the Malampaya gas-to-power project, which involves design, fabrication and installation of a new depletion compression platform linked by a bridge to the existing shallow water platform.

In the past it was responsible for the design of Enron Power Corp.'s coal-fired power plant in Batangas and Procter & Gamble's Cabuyao facility in Laguna.

"We do engineering here, and we have all type of engineers --- chemicals, electrical, civil, mechanical, and architectural. So we provide services to all projects to the Philippines and in Asia, and also to projects all over the world. We work with other Fluor office around the world and we provide those same services to those same offices, to make us competitive on a global market," Spinks said.

Among the projects Fluor Philippines is getting busy with is the design of an LNG terminal in Singapore, as well as a solar-panel manufacturing project.

Fluor is also working for the completion of a pre-fabrication facility it is constructing in partnership with local firm AG&P. Upon completion, the pre-fab facility will be able to produce up to 20 million metric ton of construction material, employing 2,000 construction workers, which will be used by the firm in all its projects.

This will be the first time that Fluor's local operation will export an actual product, compared to its usual service-based business.

Starting from just a 25-man team in 1987 when it was first established, Fluor has become one of the leading support to the company's global operations.

With the establishment of the Singapore and Malaysia office, Fluor Philippines has become responsible in providing support to the Singapore and Malaysian operations.

"We do all the engineering here, all they do is sell it over there. That's more a sales and business development office. What I call as the  heavy lifting are done over here, the big stuff, and they will just have more the interfacing with the customers and some of the smaller stuff there on the front end," according to Spinks. (http://is.gd/WsyUpC)

Malaya Business Insights 

Investment Recommendation: Bitcoin Investments

Live trading with Bitcoin through SimpleFX Trading platform would allow you to grow your $100 to $1,000 Dollars or more in just a day. Just learn how to trade and enjoy the windfall of profits. Take note, Bitcoin is more expensive than Gold now.


Where to buy Bitcoins?

For Philippine customers: You could buy Bitcoin Online at Coins.ph
For outside the Philippines customers  may buy Bitcoins online at Coinbase.com