Project To Invest OFS’ Savings
 In PH Rural Development Launched In Seoul

A regional project intended to facilitate the investment by overseas Filipinos in the Philippines’ rural development was launched in Seoul on May 29, with the attendance of Secretary Imelda M. Nicolas, chair of the Commission on Filipinos Overseas (CFO), and a representative of the Philippine Embassy in Seoul.

Backed by the National Confederation of Cooperatives (NATCCO) Network, ACCESS Advisory and 10 primary cooperatives in the Philippines, the Regional Programme on Remittances and Diaspora Investment for Rural Development was launched in Seoul with some 50 resident Filipinos from more than a dozen community groups in Korea in attendance at the Ramada Encore Dongdaemun Hotel.

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Gujarat to start 5 foreign desks for attracting investment from diaspora

While stressing its pre-eminence in the industrial scenario of the country, Gujarat is planning to tap into the massive Gujarati diaspora by starting five “foreign desks” abroad to attract investments from the community.Incidentally, both Gujarat and Maharashtra, which are BJP-ruled states, claim that they have attracted the highest investment in the country.

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