TOKYO, Japan
From Overseas Filipino Workers (OFWs) to Overseas Filipino Investors (OFI).
This is the vision of President Gloria
Macapagal-Arroyo for OFWs as she urged the Filipino community in this East Asian nation
Friday to invest in real state, the stock market, government bonds and treasury bills, and
other small and medium enterprises back home to help the government sustain the
countrys economic growth
In her speech before hundreds of Filipino migrant
workers at the Imperial Hotel here, the President noted that through their remittances,
the Philippine economy has attained a stable growth.
"Kailangang sundan natin ang sakit ng pagtaas
ng buwis sa pakinabang na nanggagaling sa makabuluhang investment ng tao at sa mga
proyekto ng sa ganon ay masisigurado natin na ang kaunlaran ay hindi mababaliktad,"
she explained.
The President said that henceforth, all Filipinos
working abroad should not be called Overseas Filipino Workers (OFW), but instead, Overseas
Filipino Investors (OFI).
"Kayong mga OFW ay nagsimula nang mag-invest
ng inyong kita sa ating bansa kaysa gamitin lamang ang inyong remittances para suportahan
ang inyong mga pamilya. Dapat ang itawag sa inyo ay hindi na OFWs kundi OFI," the
President said. (full story)