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Check out the new 2017-2018 Medium and Long Term Strategic Skill List (MLTSSL) and Short‑term Skilled Occupation List (STSOL) - formerly known as SOL and CSOL here

Will the OFW Bank Change the Game for Remittances?

ricajricaj Sydney, AustraliaTotal Reaction Points: 3Member
We all know that there are millions of Filipino workers abroad sending money to their families back home. The remittance industry and heck, this company, would probably cease to exist without them.


And now, the Philippine government is poised to make its own foray into the waters.


Last 28 September, President Rodrigo Duterte signed Executive Order (EO) 44, paving the way for the Land Bank of the Philippines to acquire the Philippine Postal Savings Bank (PPSB). This is effectively a preliminary move for the the PPSB’s conversion into the Overseas Filipino Bank (OFB).

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