RETIRE RICH - OFWs deserve to retire rich

Saturday, August 29

OFSI conducts "Financial Literacy" seminar for OFWs


A unique seminar for Overseas Filipino Workers (OFWs) to better handle their personal finances was conducted in Salmiya Kuwait starting 14th August 2015.

The Overseas Filipino Stock Investors (OFSI) founded by Mr. Renz Leano conducted a "Financial Literacy" seminar to Overseas Filipino Workers (OFWs) working in Kuwait.

There were around 50 OFWs attended in this batch that lasted for more than three hours each session. The seminar is divided into five modules, and each module is conducted every Friday starting 14th August.

OFSI is a non-profit organization in Kuwait that advocates in teaching OFWs handle their personal finances. This seminar was the 8th Batch.

According to Mr. Leano, the mission of OFSI is to inform, inspire and instruct OFWs alike in handling their personal finances. He said that majority of OFWs were excellent worker in their chosen fields and landed high-salary paying jobs outside their country.

"The problem with most Filipinos once they work overseas is that their lifestyle changes, but their bank accounts were the same, or worse, there's nothing", says Leano.

Celestino Edubas, one of the participants, in the earlier batch said that the five-Friday seminar really changed his life.

"I learned how to invest in the Philippine Stocks Market. I was able to utilize investment vehicles, which I learned how to use from OFSI seminar" Edubas said.

He further said that added he invested in major companies in his country like Jollibee, Metrobank, Banco De Oro among many others.

"The seminar will continue in the future and until OFWs all over the world became financial literate", continued Mr. Leano, who is an IT manager to a leading banking company in Kuwait.

If you are an OFW working in Kuwait and interested in participating the seminar for the next batch, for further information you may visit the following websites.

Wednesday, August 26

Blogger, Author Gracia Amor launches her book "Global Filipino Bloggers"

Gracia Amor, center, autographs a copy of the book during her book launch and signing at the Philippine Embassy in Kuwait.
Blogger and author Grace Hizon or Gracia Amor launched her book titled "Global Filipino Bloggers" on Friday 21 Aug., at the Philippine Embassy in Kuwait.

Philippine Embassy officials supported the event. Renato Villa, Philippine Ambassador to Kuwait, Raul Dado, Consul General and Cesar Chavez Jr., Labor Attaché were among those present during the event.

The event was also supported by many Filipino organizations in Kuwait. Organization leaders received certificate of recognition for their support of the event.

About the book



“Global Filipino Bloggers” is essential for those who wanted to start blogging. The book contained basic information on how to build a personal blog. It also gave inspiration how to blog.

The book also contained list of global Filipino bloggers. They shared their experience and advice to those who wanted to blog. They shared their experience and advice through answers to well-crafted questions in a form of slam book.

“With Diary ni Gracia, I incorporated the bloggers slam book, almost similar to the high school slam book which my classmates answered one after the other”, Hizon said on her blog post.

I’m thankful being one of those who answered the questions in that slam book. Hizon sent those questions to me two years ago. Because of this book, I was able to share my take in blogging.

“The questions for blogger participants and their answers were not only informative but comprised the idea of my first book about blogging and the positive things it can do to a person. Preparing the book was not an easy ride but I persevered and I was determined to finish it – all with Divine Guidance.

Why blogging?

Ambassador Villa delivers his message during the event.

"We will all soon be bloggers -- either by choice or as willing victims carried along by tides of change", says Ambassador Villa in his message in the book.

Blogging is not just actually writing on famous blogging platforms like Blogger or Wordpress. But posting status in Facebook is a form of blogging. Every one nowadays have Facebook. So, almost all of us do blog without even knowing it.

So, if you want to bring your blogging to the next level, why not start by having this book?

In order to buy a copy of the book, you may visit the Author's blog here: "Diary ni Gracia" 

Sunday, August 23

Residency and Work Permit History to determine transfer possibility

As of early this year, there's actually a rule that has been strictly implemented in transferring from one sponsor to another. Our administration now requires the residency and work permit history printout to determine if a certain applicant can be locally transferred or not for those who are currently under project or government visa.

So if you plan to look for another job make sure that you are transferable as per the current ministry rules. In order to find it out, before applying, I advice you to get the a printout of the following:

  • Residency History printout from the Immigration Department (تسلسل إقامات) - This printout shows the history of your residency from the the time you entered Kuwait.
  • Work Permit History printout from the Ministry of Social Affairs & Labor (بيان حالة) - This printout shows the history of your work permit from the time you work under a sponsor.