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 OFW Times
 
 

Sunday, July 27, 2008

  

OFWs, retirees top buyers of
residential property in RP

An official of an international real estate services company has revealed that retirees and overseas Filipino workers (OFWs) remained to be the most active buyers of residential property in the country.

In a speech during the recent Asia Pacific Marketing Power and Sales Effectiveness Mike Mabutol, director of the CB Richard Ellis (CBRE) Philippines Investment Properties and Capital Markets, said that OFWs and retirees are boosting market demand for real estate.

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O T H E R   R E P O R T S

 

Vice President Noli de Castro has appealed to the Malaysian Deputy Prime Minister Datuk Seri Najib Tun Abdul Razak to defer the mass deportation of undocumented overseas Filipino workers (OFWs) in Sabah until after Ramadan.

Full Story>>

 

A few hours before President Gloria Arroyo delivers her state of the Nation address (SONA) in Congress on Monday, nurses will be converging along Commonwealth Avenue, near the Batasang Pambansa complex, to hear their own SONA.

Full Story>>

 

Remittances sent by Filipino migrants in Italy promote gender-sensitive local rural community development in the Philippines and support capacity-building activities with migrant associations to improve the living conditions of Filipino migrants in Italy.

Full Story>>

 

Senate President Manny Villar has pledged to bring home two distressed overseas Filipino workers stranded in Riyadh. It was a promise he made to two Cebuanos from Talamban, Cebu City.

Full Story>>

Sen. Mar Roxas has proposed a bill seeking the removal of the documentary stamp tax (DST) imposed on overseas Filipino worker (OFW) remittances to give them more savings and greater purchasing power, amid criticism of Malacañang’s refusal to withdraw it.

Full Story>>

   

   
 

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