Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Philippines, Finland target labor deal this year

REUTERS

THE Philippines and Finland on Thursday signed a joint declaration of intent to seal a bilateral labor agreement this year.

“Safe, ethical, transparent, and sustainable recruitment will happen and will unfold in the coming weeks and months, so this won’t take long. I’m very optimistic that with our new embassy… there will be deeper ties, and therefore, a bilateral labor agreement will soon follow,” Migrant Workers Secretary Hans Leo J. Cacdac told reporters after the signing ceremony in Mandaluyong City.

In a briefing, he said the partnership aims to strengthen ethical recruitment processes for overseas Filipino workers (OFWs) deploying to Finland.

“This collaboration reflects our collective commitment to advancing the interests of Filipino workers and strengthening our international partnerships,” he added.

The prospective agreement will focus on professionals and skilled workers and the licensing of healthcare professionals to practice in Finland. The two sides also committed to negotiate a  Memorandum of Understanding on the mobility of Filipino specialists and skilled workers.

Finnish Minister of Employment Arto Olavi Satonen, in the same briefing, said Finland is seeking more healthcare professionals as well as services, tourism, agriculture, food and information technology workers.

Finland is also recruiting workers from India, Vietnam, and Brazil.

Mr. Satonen said workers in Finland are earning at least 1,600 euros per month, with the average wage at 3,500 euros.

Finnish Ambassador to the Philippines Saija Nurminen said Finnish employers recognize the need for work-life balance, inclusivity and equal opportunity, making the country an attractive destination for OFWs.

According to the DMW, about 12,770 Filipinos were living and working in Finland in 2023.

The two countries are set to celebrate their 70th year of diplomatic ties this year. — Chloe Mari A. Hufana

    You May Also Like

    Stock Markets

    Students of the Institute of Civil Engineering of the University of the Philippines Diliman experience what it’s like on-board the Circular Explorer and attend...

    Stock Markets

    THE DEVELOPMENT Bank of the Philippines (DBP) will again request for regulatory relief this year as it seeks to boost its capital position. “Just...

    Stock Markets

    In the photo are (seated L to R) Francisco “Coco” D.C. Mauricio, WeFund Lending Corp. President and CEO; Danilo “Bong” J. Mojica II, UnionDigital...

    Finance

    The Small Business Charter (SBC) has appointed entrepreneur Byron Dixon OBE, founder and chief executive of freshness-technology firm Micro-Fresh, as its new chair. Dixon...

    Disclaimer: CaptainOfSuccess.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.