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Vice Pres Binay calls on overseas Filipinos to invest in the new Philippines!
Written by Madam H    Monday, 26 September 2011 07:08    PDF Print E-mail
On September 8, 2011, RP Vice Pres Jejomar Binay called on Filipino Overseas Workers in the Kingdom of Thailand to consider investing in the new Philippines. The veteran politician, more popularly known as the trailblazing former mayor of Makati, Philippines, assured Filipinos that one of the wise ways to prepare for the future is to take advantage of the PAG-IBIG loans and other programs for OFWs.  According to Vice President Binay, it is probably the most stable of all the investment opportunities in the Philippines, because ownership resides on the OFWs who make the contributions.

RP Vice Pres Binay also talked about the efforts of the newly-elected team of political leaders in the Philippines to ensure that the needs of the OFWs are being attended to, and that their families back home will have better housing facilities in the future. The latter is the main reason for the Vice President’s visit to Thailand, meeting with authorities here to discuss this issue.

With the Vice President was Senator Guingona III, who praised Vice President Binay’s talk on the needs and challenges OFWs face, saying that listening to Vice President Binay made him realize the full extent of the challenges, giving him a lot of insights as to what the government can do back home for Filipinos who toil in foreign soil - Filipinos, who send back much needed money to relatives in the Philippines, and thereby helping support the Philippine economy. According to the Senator, back home, “transparency and accountability are the order of the day”.

That’s good news to the estimated 10% of the Filipino population (around 9 million) who are currently based abroad mainly for work.

Questions from the Filipino community came afterwards, one of which, is the one concerning salaries and benefits of teachers, who make up the majority of Filipinos in Thailand. And the good news is, the Philippine Embassy has already made some necessary steps towards addressing the concerns of this group, according to Consul General Edgar Badajos.

Echoing President ‘Noynoy’ Aquino’s message during his official visit here in Thailand a few months back, followed by more of the same in Senator ‘Kiko’ Pangilinan’s interview with the EXL magazine in its July-August issue, Vice President’s Binay’s message is ‘change is underway, and we have to give room to the institutions concerned to do their job’.

And so, in true Siam Pinoy fashion, let us do our part towards a brighter future for the Philippines. Invest in our country; find out how to take advantage of PAG-IBIG fund. Encourage visitors to explore the more than 7,000 beautiful islands of the Pearl of the Orient Seas. And most of all, while here in the Kingdom of Thailand, be an example of the best among our people – support what is Filipino. To view photos taken during the event, please visit http://www.josetan.com/facebook/
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