Overseas Filipino Workers (OFWs) in Israel have reached their highest number in the last five years, according to the Philippine Overseas Labor Office (POLO) in Tel-Aviv. The deployment of OFWs rose from 2,288 in 2015 to 2,850 in 2016 or by 24.56 percent, reports Inquirer.net.
Global News Briefs
Former Hanjin executive and South Korean businessman Jee Ick-joo was strangledinside Camp Crame, headquarters of the Philippine National Police, shortly after he was kidnapped by rogue policemen in October, according to a Department of Justice (DOJ), reports Inquirer.net.
The number of Filipino households without bank accounts has risen, says the central bank's 2014 Consumer Finance Survey,, highlighting the challenges of weaning the public away from usurers.Eighty-six percent of households don’t keep money in banks, up from 78.5 percent in 2009. The study is conducted every four years, reports ABS-CBN News.
On the month that President Duterte announced an economic separation with the US, a long-time economic and political ally, the net inflow of job-generating foreign direct investment dropped to a four-month low of $342 million, even as year-to-date FDI remained over a fifth higher than in 2015, reports Inquirer.net.
Kevin Atienza placed 25th globally in Google Code Jam 2015 and is currently #1 in Southeast Asia. Today, Kevin holds the #2 spot for Google Code Jam 2016. He is also one of the founding software engineers of Kalibrr, the software firm reports. To put that into context, he’s part of the top 0.15% coders in the world.