PH Embassy in Brunei Holds Online Financial Literacy, Investment Opportunities Webinar for OFWs

Speakers and participants of the online Financial Literacy and Investment Opportunities Webinar during the discussion on savings and budgeting. (Brunei PE photo)

BANDAR SERI BEGAWAN 28 July 2020 – In line with its mandate to promote the welfare of the Filipino diaspora, the Philippine Embassy in Brunei held a “Financial Literacy and Investment Opportunities Webinar”, which was streamed live on its official Facebook page. 

In his welcome remarks, Philippine Ambassador to Brunei Christopher B. Montero expressed optimism that despite the current financial challenges being faced by the Filipino diaspora, they would continue to put their hard-earned savings to good and productive use, especially during times of emergencies. He also noted the value of the webinar in enhancing the overall skills of Overseas Filipino Workers (OFWs) and enabling them to secure a better future for their families. He assured the Filipino community that the Embassy will continue to undertake projects and initiatives that would promote and uplift the welfare of OFWs through the regular conduct of webinars in collaboration with other partners and stakeholders. 

The invited resource speakers for the Seminar were professionals and experts in the field of financial management, namely: Landbank of the Philippines Overseas Representative Officer Gerald Heriales, who discussed basic financial awareness and useful information and tips on how to budget expenses to build up savings; President and Chief Executive Officer (CEO) of the first digital-only Overseas Filipino Bank (OFBank) Leila Caguingin Martin, who introduced the products and services of OFBank and presented the convenience and ease of making online transactions between overseas Filipinos and their beneficiaries in the Philippines; and Landbank Head Investment Banking Atty. Florence Rosaling Claveria, who presented the latest Retail Treasury Bill being offered by the Philippine Government, the RTB24 or the Progreso Bonds, which provides a new investment opportunity for OFWs. 

The webinar is part of the Embassy’s second Gender and Development (GAD) activity for the year and was made possible in collaboration with the Philippine Overseas Labor Office (POLO) and the Overseas Workers Welfare Administration (OWWA) Office in Brunei Darussalam. The Embassy regularly conducts GAD activities that promote gender and development for the benefit of Filipinos in Brunei, particularly for their empowerment and enhanced productivity. END

The webinar streamed live on the Philippine Embassy in Brunei’s Facebook page. (Brunei PE photo)

For more information, visit https://www.bruneipe.dfa.gov.ph, https://www.philippine-embassybrunei.org, or https://www.facebook.com/PHinBrunei/.