Tala, Maya Bank Announce Loan Channeling Partnership Towards Financial Inclusion In PH

Tala, the first fintech company for the Global Majority, announced its team-up with Maya Bank, a digital bank leader in the Philippines! This partnership aims to close the financial gap for Filipinos by channeling PHP 2.75 billion through digital platforms for better credit access.

Strengthening Financial Health Key To Unlocking Economic Potential Of Global Majority

Discover how Tala's innovative solutions are transforming financial health for millions worldwide, fostering confidence and independence on the path to economic empowerment.

All Within 15 Minutes: Urban Planning Concept City To Rise In Pasay

Transforming transportation, boosting the economy, and shaping the future! The Pasay 360 Project is set to revolutionize city living and empower generations to come.

DOLE Sec. Belo: No More Mandatory Repatriation For OFWs In Iran, Lebanon

6

DOLE Sec. Belo: No More Mandatory Repatriation For OFWs In Iran, Lebanon

6

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

The Department of Labor and Employment (DOLE) said overseas Filipinos workers (OFWs) in Iran and Lebanon may no longer be covered by the mandatory repatriation imposed by the government with the downgrading of alert levels in these countries.

“Initially, the level of alert for Iran, Iraq, and Lebanon are the same—[Alert Level] 4. Although it was unofficial, I was informed yesterday that the alert level in Lebanon was put down to level 2 and I understand that there’s no more alert level in Iran,” Labor Secretary Silvestre Bello III in a statement.

He added that the ban on fresh deployment of workers stays as the Philippine Overseas Employment Administration (POEA) will not be processing any application to these countries for the meantime.

Meanwhile, the DOLE chief said the mandatory evacuation for OFWs in Iraq is still in place and a deployment ban is also in effect.

The Department of Foreign Affairs (DFA) determines the level of alert and issues advisories to Filipinos for their safety and security.

Alert level 4, which orders the mandatory repatriation of Filipino workers in crisis-stricken areas, was raised in Iran and Iraq on Wednesday.

This came after Tehran’s missile launch against two US bases in Iraq as retaliation to Washington’s drone strike which killed top Iranian general Qassem Soleimani in Iraq last week.

DOLE-Information and Publication Service (IPS) Director Rolly Francia said the alert level is not tied up with the deployment ban.

“It (deployment ban) is discretionary on the part of DOLE, POEA especially when the security situations in those countries are very fluid. Mandatory/voluntary repatriation lang ang nakatali sa (Only mandatory/voluntary repatriation is tied up with) alert levels,” Francia said. (PNA)