Articles worth reading

Marcos promotes excellence in design creativity 

account_balanceMetro Manila access_time4 days ago

Underscoring the importance of the local creative industries to the economy and job generation, President Ferdinand R. Marcos Jr. on Friday urged industry stakeholders and partners to collaborate in strengthening the design community and forge tie up...

Gov't addresses PH nurse shortage 

account_balanceMetro Manila access_time4 days ago

The Private Sector Advisory Council (PSAC) Healthcare Sector Group enumerated recent quick wins by the administration of President Ferdinand R. Marcos Jr. in addressing the shortage of nurses in the country through various collaborative public-privat...

Comelec's 2025 polls automation project awarded to Korean firm

account_balanceMetro Manila access_time4 days ago

The Commission on Elections (Comelec) said Thursday it has awarded the P18-billion contract for the automation project of the 2025 midterm polls to lone bidder Miru Systems Co. Ltd., according to a report by Philippine News Agency. “Via a...

Metro News

House seeks improved legal aid for OFWs 

account_balanceMetro News account_circleGab dela Cruz chat_bubble_outline0 Comments

Speaker Martin Romualdez on Thursday said the measure expanding the scope of legal aid to overseas Filipinos and overseas Filipino workers (OFWs) would protect them at all stages of the legal proceedings from investigation to trial proper and beyond, according to a report by Philippine News Agency.

"Our overseas Filipinos are our modern-day heroes. Their immeasurable contributions to our country, their families, and communities merit the utmost protection from the government," he said.

Romualdez said House Bill 9035 would expand the use of the Legal Assistance Fund (LAF) and the Agarang Kalinga at Saklolo Para sa mga OFWs na Nangangailangan (AKSYON) Fund to be managed by the Department of Foreign Affairs (DFA) and the Department of Migrant Workers (DMW), respectively.

Advertisement

The LAF, he said, shall be made available from the time of the investigation, detention, arrest or indictment of the overseas Filipinos all the way to the trial proper, and at all levels of appeal thereafter.

The bill was overwhelmingly approved on third and final reading by the House during its plenary session on Wednesday with 246 affirmative votes.

The bill seeks to amend Section 26 of Republic Act (RA) 8042, or the “Migrant Workers and Overseas Filipinos Act of 1995,” to expand the scope of the LAF from being utilized only for legal aid to “consular assistance” for overseas Filipinos.

The bill provides that the expenditures to be charged against the Legal Assistance Fund shall include the fees for the foreign lawyers to be hired to represent overseas Filipinos facing charges, expenses for the filing of labor and/or criminal cases against erring or abusive employers or other persons abroad, bail bonds to secure the temporary releases and other litigation expenses.

Advertisement

In countries with no DMW offices yet, the DFA is mandated to extend legal and other forms of assistance to OFWs in said areas.

As for the AKSYON Fund, HB 9035 amends Section 14 of RA 11641, or the “Department of Migrant Workers Act,” to expand the coverage of the AKSYON Fund for OFWs.

The expenditures to be charged against the AKSYON Fund shall be similar to the fees covered by the LAF.

The hiring of foreign legal counsels and other releases of funds for other expenses related to the mandate prescribed under the measure, “when circumstances warrant urgent action", shall be exempt from the coverage of RA 9184 or the Government Procurement Act.

Financial literacy course

The House also unanimously approved on the third and final reading House Bill (HB) 9292 mandating the inclusion of a personal financial literary course in the Technical-Vocational Education and Training (TVET) curriculum of technical vocational institutions (TVI) and Technical Education and Skills Development Authority (TESDA) training centers.

Romualdez emphasized the urgency to enact a measure that would broaden the opportunities and venues for teaching a personal literacy course vital to strengthen financial education among Filipinos.

"Financial literacy is a precious skill that, unfortunately, few have. Filipinos who are financially literate are more likely to avoid financial frauds, develop financial discipline, use debt responsibly, and save their money for education or retirement," he said.

The bill seeks to equip the students with basic knowledge and additional skills in wealth management and contingency planning, especially in properly handling their finances, prepare them to make well-informed financial decisions upon entering the workforce, and help them master financial literacy as an essential life skill in their day-to-day transactions and other activities.

Under the bill, TVIs and TESDA training centers shall provide the necessary financial education to tech-voc students while helping them learn and develop other practical tech-voc skills and competencies.

The bill provides that financial education shall focus solely on personal finance based on the policies, guidelines, and standards set jointly by the TESDA, the Bangko Sentral ng Pilipinas (BSP), Department of Finance (DOF), Securities and Exchange Commission (SEC), and the Insurance Commission (IC).


date_rangeDate Published
2 months ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Vice Mayor April Aguilar Extends Aid to Fire Victims in Barangay Pilar

account_balanceLas Piñas chrome_reader_mode2 days ago

Responding swiftly to the recent fire tragedy in Barangay Pilar on February 22, City Vice Mayor April Aguilar exhibited prompt leadership by visiting the affected community on February 23. Accompanied by a dedicated team of volunteers and city offici...

Doctors need to know scientific facts on THR, say advocates

account_balanceMetro Manila chrome_reader_mode6 days ago

Panama City – Tobacco harm reduction (THR) advocates are urging their colleagues to work together in providing doctors with the scientific facts about THR and its vital role in smoking cessation. “There is a high level of misinformation ...

Robin Padilla and wife Mariel sorry over controversial Senate photo

account_balanceMetro Manila chrome_reader_mode1 day ago

Senator Robin Padilla and his wife, Mariel Padilla, have apologized over a controversial photo showing the latter receiving medical treatment inside the Senate building. The lawmaker penned an apology letter addressed to Senate President Juan M...

Commission on Filipinos Overseas plans to open Japan office 

account_balanceMetro Manila chrome_reader_mode6 days ago

To touch base with migrant Filipinos in Japan, the Commission on Filipinos Overseas (CFO) will establish its first attaché office in the East Asian country, according to a report by Philippine News Agency. In his welcome remarks at the C...

×
Click on the article to continue reading
Quezon City adopts no contact apprehension system Red Cross pushes saliva test Vaccines from COVAX to arrive in Q1 Makati Shangri-La to close doors on Feb. 1 Cities in NCR to start vaccination simultaneously Mother, girlfriend of Filipino infected with UK variant also test positive Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature