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 ”My employer would turn on the television every morning to check the latest stock market report even before breakfast. He is often angry and tells me he might send me home even before my contract ends,” Arciaga said.

The Times of India writes “The thought of going back has caused me sleepless nights. What about my family? Two of my children are still in college.”

Thousands of migrant workers, among them maids, restaurant staff and labourers working in wealthy Asian cities such as Singapore and Hong Kong, are worried that an economic slowdown and retrenchments resulting from the crisis could hit their employers’ pockets, and leave them without jobs.

This would mean that the flow of remittances they send home to their poor families will dry up, and with it money for food, clothing and school fees.

Another maid, Myra Catacutan, 34, said she recently heard her employer angrily talking on the phone with someone, presumably a financial adviser, demanding her money back. READ MORE…