RP back to normal, GMA assures Pinoys in Spain
President Arroyo kicked off her visit to Spain yesterday with a meeting with the Filipino community in Madrid during which she assured them that everything is back to normal in the Philippines after the Peninsula Hotel takeover by a handful of rebellious soldiers and their civilian supporters last Nov. 29.
Speaking at the Colegio Nuestra Señora de las Maravillas in
“We saw the other day that the rule of law prevailed and I can assure that the transgressors will not hold our nation hostage with impunity,” Mrs. Arroyo said.
“They will be punished to the fullest extent of the law. Justice shall be served and the interests of the people upheld,” she added.
She emphasized that democratic institutions and civil society remain strong and stable and that the government would continue to protect itself and the people against destabilization attempts.
Security forces smoked out the mutinous soldiers and their civilian supporters from the ritzy hotel using tear gas, warning shots, and an armored personnel carrier that was used as a battering ram.
The arrests of the rebellious officers and some civilians, including members of the media, were followed by the declaration of curfew for Metro Manila and nearby provinces, raising fears of a major crackdown.
“The curfew was just for one night. The people have returned to their normal lives. The situation in
She said the real heroes in the
She also thanked the Filipino community for contributing to the growth of the economy through their remittances.
“But we’re working towards the day when Filipinos no longer need to go abroad for a job. We’re working for the day that overseas work will be just another career option and not the only choice a hardworking Filipino has to earn a living,” the President said.
Mrs. Arroyo expressed confidence that her administration’s ambitious economic reforms would help keep the Filipinos in the
Apart from the real estate market, of which 40 percent represents overseas Filipinos, other investments particularly in financial instruments and stocks hold promise for OFWs.
The President, who speaks Spanish at home and gets to practice the language during her visit here, brought along Philippine Stock Exchange president Francis Lim to present to the Filipino community in Spain the benefits of investing in the bourse.
Mrs. Arroyo pointed out that the PSE is now one of the best performing stock markets in the world today. She also encouraged the OFWs to venture into small and medium enterprises.
There are over 50,000 Filipinos living or working in
Foreign workers in
In the President’s previous visit last June, a memorandum of understanding was signed between the two governments, paving the way for the entry into
Prior to the signing of the MOU,
In the case of the
Because of the absence of a labor agreement between the two countries, entry of Filipinos to
The signing of the MOU ended a three-year campaign launched by then Labor Secretary Patricia Sto. Tomas to convince
State honors
Mrs. Arroyo received state honors yesterday as she and her husband Juan Miguel Arroyo met with King Juan Carlos and Queen Sofia at El Pardo Palace, the place of residence for visiting dignitaries, outside
It was the first of four meetings with the Spanish royal couple. Mrs. Arroyo was also set to have lunch at the
- Latest
- Trending