Euro crisis prompts some OFWs to consider returning to PH, says labor chief



MANILA, Philippines — Due to the economic crisis in Italy and other European countries, some overseas Filipino workers (OFWs) there are now asking about opportunities here for a possible return, according to Labor Secretary Rosalinda Baldoz.

She said that during her recent trip to Europe, she was able to talk with some OFWs who claimed that they have been mulling the idea of going back home because of the debt crisis affecting the region.

“But they admitted that what has been hindering them was the thought of how they would start all over again once they go back to the Philippines,” she said, adding that this prompted the labor department to intensify the government’s OFW reintegration program.

On Tuesday, Baldoz and Agriculture Secretary Proceso Alcala signed a memorandum of agreement that would set into motion the promotion of agribusiness, particularly agribusiness entrepreneurship, as a strategic part of the National Reintegration Program for OFWs.

“Today, we formalize a partnership between the DOLE and the DA in implementing joint and convergent programs, projects, and services for OFWs and their families who intend to pursue agribusiness as part of the National Reintegration Program for OFWs,” said Baldoz.

“This is in recognition of our overseas Filipino workers’ contribution to the country’s economic growth and of our belief in their capability to advance rural development by venturing into agribusiness,” she added.

The DOLE agrees with the DA in its position that the country’s agricultural sector has a lot of potential, especially in terms of creating jobs for many Filipinos and that the country needs more agribusiness entrepreneurs who will not only invest money, but also more importantly, time, effort, and skills to modernize the agriculture sector, according to Baldoz.

“We also believe that the knowledge acquired by OFWs while working in other countries makes them a right fit to what the agriculture sector needs,” Baldoz said.

Under the agreement, the DOLE shall make available the P2 Billion OFW Reintegration Program for OFW ventures in agriculture or fisheries, either for business expansion or start-up operations, subject to the program’s implementing rules and regulations.

The DOLE has formulated a holistic and expansive national reintegration program framework that links worker migration to development.  It is pursuing this as the lead government agency that oversees and coordinates the implementation of various programs and initiatives for the protection, welfare, and promotion of the general interest and well-being of OFWs and their families, including their productive reintegration to the country after working overseas,

On the other hand, the DA’s primary role is to develop the country’s agriculture and to promote agribusiness and to assist interested groups and individuals who venture into agriculture and fisheries.

“This new framework calls for the development of a comprehensive return and reintegration program anchored on the concept of full utilization of Filipino migrants’ capacities and resources to be used for their and their families’ benefit and to achieve national development,” said Baldoz.

The DOLE under the agreement shall organize entrepreneurship development training and related activities for OFWs and/or their families who intend to venture in agribusiness.

For its part, the DA shall package priority agribusiness ventures for promotion among prospective OFW-entrepreneurs or investors, including showcasing these ventures in selected demonstration farms around the country; provide resource persons on agribusiness during DOLE-organized entrepreneurship development training and technical assistance to prospective and current OFW-entrepreneurs in agriculture and fisheries, through in-house facilities and network of experts/technicians in the government and private sector.

It shall also enable OFW-entrepreneurs to access available financing for agribusiness, either from DA or through any of its network of partner institutions; and ensure the support of its specialized agencies and offices, particularly the Agribusiness and Marketing Assistance Services (AMAS), regional offices, and the Office of Agricultural Attaches abroad, in promoting agribusiness among OFWs and their families, locally and in overseas jobsites.

Get Inquirer updates while on the go, add us on these apps:

Inquirer Viber

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

  • opinyonlangpo

    There are more opportunities in Europe than in Philippines and it is better if the Filipinos over there hold on till the European economy picks up. The government agencies can not help as they would want to specially that almost all OFWs have no experience running succesful start ups. Sometimes it appears that these labor and agriulture officials don’t know what they are talking about.

  • kunsabagay

    That’s the danger if the gov’t still depends on OFW remittances to support the economy. The uncertain global economy specially Europe will affect a substatial portion of the Ph populace. Therefore job-creation should be the centerpiece of this administration to lessen the economy’s dependence on foreign remittances.

  • disqus_EWrSdjV1nv

    tell TUCP to give them a job and a salary of 1200 per day for a family of 6.

  • disqus_EWrSdjV1nv

    if 1,000,000 Filipinos come home and TUCP grants them a job with 1200 per day salary, that’s 1.2 B PhP per day. hehehe. daling sabihin. magawa kaya ni baldoz ito?

  • BatangSingapore

    kayong mga OFW sa europe singilin nyo si abnoy at marami daw trabaho sa pilipinas na naghihintay sa inyo hahahahahhahaha.

  • AllinLawisFair

    The problem returning overseas Filipino workers are likely to face is, if they invest their hard-earned money in business ventures they may fall victims to opportunists back home who know the real situation on the ground. They may lure unsuspecting returnees to invest their money on something they have little knowledge of. At the end of the day the business flopped and the capital they invested has been siphoned off by the shrewd local partner who ran away with the money they spent a lifetime working hard to gain abroad.

To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.

Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:

c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94


editors' picks




latest videos