22 January 2015 - Labor and Employment Secretary Rosalinda Dimapilis-Baldoz recognized the Philippine Overseas Labor Office (POLO) and Philippine Mission/Consulate General in Geneva (Geneva PM/PCG) for its pioneering effort  in conducting Financial Education Program which enhances awareness of many overseas Filipino workers in Switzerland in managing their earnings through savings and investments.

The Financial Education for Filipinos in Geneva and Vaud comprises of two parts, namely, a) a three-hour briefing on migration and savings, which focuses on the realities faced by overseas Filipinos when managing their finances as well as on practical tips to overcome the challenges and figure out ways to better use their resources and engage their respective families in the savings process; and b) a four-week entrepreneurial seminar-workshop, which aims to enhance the skills of participants on more effectively managing their finances, discuss practical concepts related to money matters, business setup, and risk appreciation, including introductory classes on marketing and advertising, financial statements and sample investments.

Philippine Permanent Representative to the United Nations in Geneva, Ambassador Cecilia Rebong said that Geneva PM/PCG will continue conducting the Financial Education Seminar/Workshop for Filipinos in Geneva and Vaud in 2015, as feedback from the Filipino community has been very positive. The next Migration and Savings Seminar is scheduled on January 22 and February 08, while the next Entrepreneurial Seminar/Workshop is scheduled from February 08 to March 08.

The Department of Labor and Employment certificate of recognition was received by Labor Attache Ma. Celeste Valderrama on January 05 in an awarding ceremony at the Labor Governance Learning Center, Blas F. Ople Hall of the Department of Labor and Employment Intramuros, Manila. END