Connect with us

Hi, what are you looking for?

News

Coming home for Christmas: An OFW returns amid the pandemic

Reyan Jose D. Acurantes, who has been working in the oil and gas industry in the United Arab Emirates for 15 years, is coming home this Christmas, amid loosened coronvirus disease 2019 (COVID-19) restrictions and an uncertain economy. 

“The crisis is still ongoing but silently,” he said of the pandemic. “I will just enjoy and think about it next year.”  

He is one of 1.83 million Overseas Filipino Workers (OFWs) making a living abroad to provide for their families in the Philippines. 

“Compared to 2019, airfare is now 20 to 30% higher,” he said. “The exchange rate has also risen to 15 to 16 dirhams from 13 dirhams … it greatly affects the spending habits of my family.” 

Total OFW remittances sent in 2021 reached P151.33 billion, higher than the P134.77 billion in 2020. 

“It doesn’t get better every year; it actually gets worse,” he said, talking about the lengthy separations that have marked his relationship with his two children. “You miss a lot of opportunities.” 

Interview by Patricia B. Mirasol. Editing by Earl R. Lagundino and Sam L. Marcelo.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

A VIEW of the city skyline in Shanghai, China, Feb. 24, 2022. — REUTERS SHANGHAI — Chinese state media on Thursday cautioned against risks...

News

REUTERS SEOUL — South Korea’s anti-trust regulator said on Thursday it would impose a combined fine of 42.3 billion won ($33.48 million) on three...

News

CHRIS BARBALIS-UNSPLASH JAPAN is exchanging information on Chinese spy balloons with the United States, top government spokesperson Hirokazu Matsuno said on Thursday. There have been confirmations of suspected balloons flying over Japan,...

News

CODY LOGAN/WIKIMEDIA COMMONS SYDNEY — The Australian government will examine surveillance technology used in offices of the defense department, Defence Minister Richard Marles said...

News

CODY LOGAN/WIKIMEDIA COMMONS SYDNEY — The Australian government will examine surveillance technology used in offices of the defense department, Defence Minister Richard Marles said...

News

SEOUL — Nuclear-armed North Korea showcased its missile production muscle during a nighttime parade, state media reported on Thursday, displaying more intercontinental ballistic missiles...

You May Also Like

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.