A website that invites Pinoys abroad to seriously explore job opportunities at home. The Government has also offered an initial outlay of P1B available credit for OFWs who want to put up a business back home either as an individual or group borrower as a partnership, corporation or cooperative.
I wonder how many have taken advantage already of this available capital for business at a highly subsidized interest rates
Several opportunities for business-minded OFWs await at home, more so because the Philippine Economy is already picking up as evidenced by the recent credit ratings upgrade given to the Philippines by Moody's Investors Service and Fitch Ratings after almost eight years while the big economies of the US and Europe are experiencing a sustained downturn, with the US and Greece contemplating on declaring a default on their sovereign credit obligations.
The Philippine economy is seen by the Asian Development Bank (ADB) to grow at around 4.6%-5% this year and up to 5.3% in 2012, while the US economy long-term credit outlook is being downgraded by Standard and Poor's Ratings Services from "stable" to "negative". This should tell us that windows of opportunities for business are now opening up here while the opposite is happening in the usually progressive economies in the West, including Italy.
How about giving a serious thought on these things and invest back in our country?
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