And so, folks, bear with me for a short moment of wistful thinking. Let us dream of bigger things for this year 2011. Maybe some time this year a stroke of luck may bring us closer to the fulfillment of our desires. Or some of those in a position to act will act for us.
I only have two big dreams or wish list for the OFW sector and this concerns the ideas or line that I am most concerned about: investment literacy.
The first of this wish list is related to the last article I posted which is entitled, “A Gadfly’s Proposed OFW Resolution Calling and Urging Congress to Craft Legislation on OFW Economic Reintegration”. The dream is simply that Congress passes a law creating a specific body tasked with OFW economic reintegration. Or at least, a legislation along this line is crafted in either or both houses of Congress.
I have written about this in the last post and will elaborate on the compelling reasons and the possible structure or set up of this body in future posts. Hence, I will not dwell much about this issue in this post.
Just one last note: the body to be created by the law should be something similar to POEA and OWWA but specific to OFW economic reintegration. We leave the other aspects of reintegration (psychological, redeployment, and so forth) to DOLE. That is their line of expertise.
The second item on the wish list concerns the OFW organizations of which a myriad exists practically everywhere there is deployment – a testament to our gregariousness as a people. There are as many types as there as subsectors or interest groups: sports, social-civic, professional, regional-provincial ethnic and so forth. A small number are business and/or investment-oriented.
All these organizations, once registered with the Philippine Embassy, are officially called Accredited Community Partners or ACPs. At least, that’s what I know in the place where I used to work. Maybe other worksites have different names for the same thing. read more>>>>
Note: Romie Cahucom was a former Senior Relationship Manager of a major Saudi bank, a former long-time financial analyst and one-time Legislative Officer and Executive Assistant of a Senator. He finished Business Management from the University of the Philippines. He is at present engaged in financial consulting work.