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Jul
24
2014

DFA to OFWs in Libya: Go Home Now!

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The Department of Foreign Affairs (DFA) called out to all Overseas Filipino Workers (OFWs) in Libya to come home immediately after Alert Level 4 was raised.

The latest events in Libya had indicated the place is no longer safe for OFWs to stay as the fight between rival militia groups escalated. Thus, they are requested to register for repatriation in the Philippine Embassy in Tripoli.

The alert level was raised once again because of the extreme security threats to Filipinos, especially in Benghazi. Other factors are the extreme political and security situation, the increasing violence and lawlessness, and the closure of major airports because of fears of the all-out civil wars.

Ever since the start of the crisis in the country, and when DFA raised Alert level 3 on May 29, they have closely monitored the security development while trying not to affect the needs of OFWs in Libya.

The department had also put up hotlines for families of OFWs in Libya where they can call for questions and concerns about the conditions of their relatives.

The Philippine Embassy in Tripoli had already reached out to OFWs in Libya, the Filipino community, and to their employer to inform them of the action made by DFA to the crisis.
The violence existing in Libya had never stopped; instead it just continues to worsen. That is why the Philippine government, thru the Department of Foreign Affairs and its Philippine Embassy in Tripoli, had started operation to repatriate OFWs because of the levelling crisis in the said country. There are an estimated 13,000 Filipinos in Libya, some who may have pass through Kuala Lumpur and Bangkok because of the no-visa requirement. Other OFWs illegally enters the Middle East through these cities.

Families and relatives of OFWs in Libya can ask them to voluntarily come back to the country rather than staying indoors of their apartments and risking their lives in the current situation of the country. OFWs are our modern heroes, but we don’t want them to make their lives at stake just because of better-paying jobs in the Middle East. Safety first, before anything else.
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Deployment to Two Countries Stopped by POEA

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Jul
23
2014

PHILIPPINE ARENA: Newest Filipino Architectural Pride

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World's largest indoor arena

World’s largest indoor arena

Found at the 50-hectare complex in Ciudad de Victoria at the municipality of Bocaue, Bulacan, is the world’s largest indoor arena. It is the latest and newest architectural pride of the Filipinos. The Philippine Arena is the centerpiece of the Iglesia Ni Cristo’s centennial celebration on July 27, 2014.

Designed by the company Populous, an architectural firm specializing in the design of sport facilities and convention centers, the Philippine Arena is a multi-purpose arena and plenary hall for Iglesia Ni Cristo that has a maximum seating capacity of 55, 000. It was built at the cost of more than $200 million or roughly around 7.8 billion pesos.

Because of its hugeness, this arena can hold inside 3 times the size of SMX Arena or that of the Smart Araneta Stadium. The design concept of the arena was inspired by the narra tree and the root of the banyan tree. It was also featured in the documentary episode of Man Made Marvels: Quake Proof of the Discovery Channel aired on December, 2013. This focused on making structures in the Philippines safer from natural disasters such as earthquake and typhoons. Aside from being acknowledged as “the largest building of its kind”, it is also built to withstand earthquakes.

The Philippine Arena is the biggest theater, dome arena and indoor stadium in the world, outstanding the Staples Center in Los Angeles, Madison Square Garden in New York and the O2 Arena in London.

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Published in: Uncategorized
Jul
2
2014

POEA REVOKED LICENSE OF RECRUITMENT AGENCIES

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The POEA office

The POEA office

The Philippine Overseas Employment Administration (POEA), true to its words, has nullified the permission it has given to 63 recruitment agencies. This is in relation to their mission of stopping illegal recruiters from operating and taking advantage of Filipinos aspiring to work abroad.

POEA ‘cleaned’ its list of agencies by cancelling the license of recruitment agencies that have been deemed to be conducting deceitful transactions in its operation. Now, Filipinos wanting to work abroad can be sure that agencies listed in POEA are legally safe and accredited.

Here are the list of agencies whose license where cancelled. See if one of them is your agency or the agency of someone you knew so you can take the necessary actions.

  1. ABC MANILA INTERNATIONAL INC.

  2. AISIS INTERNATIONAL MANPOWER INC.
  3. AL-ABEER MANPOWER SERVICES INC.
  4. AL TAKA MANPOWER SERVICES INC.
  5. ALL-PRO STAFFING & CONSULTING SERVICES
  6. ALLSKILLS MANPOWER SERVICES INC.
  7. ALTIMA MANPOWER AGENCY INC.
  8. ASAHI INTERNATIONAL MANPOWER CORPORATION
  9. ASEAN MANAGEMENT AND TECHNICAL SERVICES INC.
  10. BIG DIPPER MARITIME SERVICES CORPORATION
  11. BOOM INTERNATIONAL RECRUITMENT AGENCY
  12. BRIGHT INTERNATIONAL MANPOWER SERVICES
  13. C.A.A. MANPOWER AGENCY
  14. CROSSWIND INTERNATIONAL MANPOWER SERVICES
  15. DIAMOND ROSE HUMAN RESOURCES AND SERVICES CORPORATION
  16. FMJ INTERNATIONAL MANPOWER AND ALLIED SERVICES INC.
  17. FUTURISTIC INTERNATIONAL ARTIST (FIA) PROMOTION CORPORATION
  18. GEMS 22 MANPOWER COMPANY
  19. GLOBAL JOBSEARCH SERVICES INC.
  20. GREENBACK INTERNATIONAL MANPOWER
  21. GOLDEN LIME INTERNATIONAL MANAGEMENT SERVICES
  22. GOLDEN MILES PLACEMENT PROMOTION AND MANNING AGENCY COMPANY
  23. HANJAN INTERNATIONAL MANAGEMENT INC.
  24. HELAL MANPOWER AGENCY
  25. HERBERT’S INTERNATIONAL INC.
  26. JARDY INTERNATIONAL PROMOTION AGENCY
  27. JMP POLARIS NAVIGATION INC. AND INVESTORS ASSURANCES CORPORATION
  28. KONNEXION INTERNATIONAL MANPOWER AGENCY
  29. LIFELINE INTERNATIONAL PHILIPPINES INC.
  30. MAJNAL RECRUITMENT AND PLACEMENT INC
  31. MARHABA INTERNATIONAL MANAGEMENT SERVICES COMPANY
  32. MBC HUMAN RESOURCES DEVELOPMENT CORPORATION
  33. MCLAINE MANAGEMENT CONSULTANCY GROUP INC.
  34. MEDRP INTERNATIONAL PHILIPPINE INC.
  35. MHHR MANPOWER RECRUITMENT & PLACEMENT AGENCY CORPORATION
  36. MORLAND OVERSEAS MANPOWER
  37. MSS TALENT MANAGEMENT SERVICES INC.
  38. NANHAYA INTERNATIONAL RECRUITMENT INC.
  39. N.A.R. TRAINING CENTER & MANAGEMENT SERVICES
  40. NORTHWEST PLACEMENT INC.
  41. OFW RECRUITMENT AGENCY
  42. P & R MANPOWER SERVICES INC.
  43. PHILEMPLOY SERVICES & RESOURCES INC.
  44. PHILTRADE INTERNATIONAL MANPOWER SERVICES
  45. REAJENT MANPOWER SERVICES INC.
  46. SAVEWAY INTERNATIONAL MANPOWER SERVICES
  47. SILVER HORIZON INTERNATIONAL MANPOWER SERVICES
  48. SMART INTERNATIONAL MARINE SERVICES CORP.
  49. STAFFLINE INC.
  50. ST. BERNARD INTERNATIONAL MANPOWER AGENCY
  51. STOCKHAUS INTERNATIONAL MANPOWER SERVICES CORPORATION
  52. THE JOB CONNECTION INTERNATIONAL MANPOWER SERVICES INC.
  53. THE JOBHUNTER INC.
  54. WELLCOME EMPLOYMENT CENTRE INC.
  55. WHITE WING’S MANPOWER EXPONENT
  56. W.M.G. INTERNATIONAL RECRUITMENT AGENCY
  57. YES HUMAN RESOURCES INC.
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Jul
2
2014

TAX RULES FOR OFWs

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The Philippine taxation laws require all Filipino citizen to be taxed based on the taxable income derived within and outside the Philippines. Regardless of source and its location, all incomes earned by citizens of the Philippines are taxable.

tax image

Income earnings of OFWs from business activities or properties within the country are still subject to Philippine income tax. That means even if OFWs are abroad, as long as they receive income from sources within the Philippines, these incomes must be reported to the BIR and OFWs must pay appropriate taxes.

Here are the tax rates on passive income from the Philippines:

  1. Interest income from any bank deposit and yield or any monetary benefit from deposit substitutes and from trust funds and similar arrangements: 20% final tax.
  2. Interest income from long-term deposits or investments in the form of savings, common or individual trust funds, deposit substitutes, investment management accounts, and other investments, if terminated or pre-terminated by the holder before the 5th year: 5%, 12%, 20% final tax.
  3. Any royalties: 20% final tax.
  4. Any royalties received on books, as well as literary works and musical composition: 10% final tax.
  5. Prizes and winnings amounting to P10,000 or less (PCSO and Lotto winnings): Regular income tax rate of 5 to 32%.
  6. All other prizes and winnings (except PCSO and Lotto winnings): 20% final tax.
  7. Cash or property dividends: 10% final tax.
  8. Capital gains from the sale, exchange, or other disposition of real property in the Philippine classified as capital asset, based on gross selling price or current fair market value, whichever is higher: 6% final tax.

In addition to the tax exemption on incomes from sources outside the country, OFWs are also entitled to a tax exemption on the airport fee, travel tax and documentary stamp taxes.

Bureau of Internal Revenue (BIR), recently required banks and non-bank remittance companies to submit to their office a quarterly summary of OFW remittances. This report includes the name of the sender, name of the recipient in the Philippines, the amount of remittance, and the proof of entitlement to documentary stamp taxes exemption. This is to ensure that only legitimate OFWs are receiving the exemption privilege on paying the document stamp taxes.

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Published in: Uncategorized
Jun
23
2014

SIMPLIFIED VISA REQUIREMENTS FOR PINOYS TO JAPAN

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konnichiwa5Good news for OFWs and visiting Filipinos to the Land of the Rising Sun.

The Japanese Ministry of Foreign Affairs (MOFA) had announced last Tuesday the implementation of substantial relaxation of its visa requirements only for its three neighbouring South East Asian countries.

Though the details and beginning date of the news are still under consideration, MOFA said that ‘multiple-entry visa requirements will be substantially relaxed and requirements for single-entry tourism visas will be relaxed to a quasi-exemption-equivalent level when applied via specified travel agencies’. It will be applicable to the nationals of the Philippines, Vietnam and Indonesia.

This steps intent to boost Japan as a tourism-oriented country with the goal of attracting 20 million foreign visitors. Contribute to growth strategies and promoting people-to-people exchange is also an objective of this measure.

Filipinos can now enjoy visiting the cherry blossom country with these new ruling of the Japanese government.

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Published in: OFW News


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