Showing posts with label Overseas Filipinos. Show all posts
Showing posts with label Overseas Filipinos. Show all posts

Tuesday, February 16, 2016

WHAT ARE THE REQUIREMENTS TO OBTAIN OEC?

The overseas employment certificate or OEC is one document asked from OFWs by the immigration officer at the airport.
 
An OEC is a proof that the overseas Filipino worker is  legally documented OFW with POEA. 
Note: Agency-hired applicants can obtain OEC through their respective recruitment offices. 
For direct or name-hired applicants, present the original copies of the following:

  • Passport – must be valid at least 6 months from the date of departure
  • Valid Work Visa/Work Permit or Equivalent Document
  • Proof of Employment
Furthermore, these are the documentary requirements for Balik Manggagawa (BM) or returning to same employer abroad:

  • Proof of existing employment (such as valid employment contract, employment certificate, valid company ID, pay slips)
  • Passport valid for at least 6 months from the time of departure
  • Valid visa / re-entry permit / work permit or equivalent document
In order to process OEC, applicant needed to set an appointment in POEA or OEC processing center. Online OEC application is also available.

You might also want to read: HOW TO APPLY FOR OEC
Source of this article is
©2016 The OFW Site

Tuesday, November 10, 2015

Exchange Rate Could Up to P48 Every Dollar

Exchange Rate Could Up to P48 Every Dollar according to Economists

The peso further slid within the 47:$1 territory, as investors continue to take cue from the positive employment data in the US. 
The local currency lost another 10 centavos on Tuesday, declining to 47.26 from the previous close of 47.16. This is the lowest level registered in more than five years. 
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“Peso-dollar rates reached new highs on continued effect of last Friday’s positive US nonfarm payrolls data,” MetisEtrade Inc. analyst Cherica Vicente said.



©2015 The OFW Site