OFW Entrepreneurs Poised to Increase this Year 2015
Monday, November 24, 2014
The
Personal remittances from the Filipinos abroad increased by 6.2 percent to
$12.7 billion in the first half of the year from $11.9 billion in the same
period last year, according to Bangko Sentral ng Pilipinas (BSP).
As the
Philippine economy shows positive signs of its continuous growth and OFWs
remittance jumps every year, more and more OFWs are leaning towards
entrepreneurship.
In
2013, 3,397 OFWs started their business under the government’s Livelihood and
Enterprise Development Program.
This coincides to what was predicted
by marketing experts that Asia is becoming an affluent society. This trend will
push OFWs to rethink their current status and try their future in the
Philippines by reintegrating in the society and using their hard earned money
to start a business.
At the same time, while economies in
the world slow down and ASEAN Integration implementation starts next year more
opportunities are opening-up for OFWs in dipping their hands in business.
Add to the fact that
entrepreneurship and business education is widespread and readily available to
those who wish to learn.
One event where the OFWs can
speed-up their education and exposure to entrepreneurship is the upcoming 11th MegaBalikbayan OFW Expo,
Dec. 18-20, 2014 at SMX Convention Center, Pasay City, Philippines.
11th MegaBalikbayan OFW Expo is an event advocating OFWs to be Entrepreneurs and start
their own business. The event organizers believe that OFWs have the capacity
and DNA to be successful entrepreneurs.
Villar SIPAG, United Filipino
Seafarers, Philhealth, Pag-IBIG Fund, LBC, Toyota Cubao, Metistrade, and Sun
Cellular support the 11th MegaBalikbayan OFW Expo.
Villa SIPAG will be represented by
Senator Cynthia Villar, who is also the keynote speaker of the event during the
first day, she will donate school chairs to selected schools as part of the
event.
On the other hand, the United
Filipino Seafarers (UFS) is a seafarers group that boasts 11,000 members.
UFS members can visit the event for
FREE by presenting their UFS membership I.D.s.
Some of the highlights of the 11th MegaBalikbayan OFW Expo are
the 6th Outstanding OFW and
Balikbayan Reputation Award (OBRA), OFW SME Business Summit, and United
Filipino Seafarers Financial Growth for Seafarers.
6th Outstanding OFW and Balikbayan Reputation
Award (OBRA) recognizes OFWs and Balikbayan
that are successful in the following areas: Entrepreneurship, Community
Building, Work Ethics, Personal Deeds and Characters, and Blogging.
Some of the winners will be
presented during the December 2 Press Conference at Blackboard Restaurant,
Ortigas Center.
The 11th MegaBalikbayan OFW Expo has a co-located event the
2nd International Travel
Festival. The National Association
of Independent Travel Agencies (NAITAS) supports The 2nd International Travel Festival.
NAITAS is the largest
travel agency association in the country.
The OFW SME Business Summit set Dec. 19, 2014 is a free event for OFWs
and OFW Families. The summit present successful OFW Entrepreneurs, Financial
Gurus and Marketing Experts.
The OFW SME Business Summit was designed to further the knowledge and
skills of the OFWs on entrepreneurship and starting a business.
The United Filipino Seafarers Financial Growth for Seafarers targets
the OFWs, specifically the seafarers. This forum aims to uplift the financial
literacy of the seafarers and OFWS.
Besides these activities, there are
a total of 150 exhibitors that offer business opportunities, partnerships and
discounts on their products and services.
In the span of 11 years the
MegaBalikbayan OFW Expo has grown tremendously and served the entrepreneurial
needs of the OFWs and Balikbayan. A lot of companies used the event to engage
directly with the OFWs and Balikbayan.
OFWs and Balikbayans use the event
to gather more information on entrepreneurship and find suitable business
partners.
Some of the participating exhibitors
are Brothers International, Ambertronics, Citi Wellness, Generics Pharmacy,
Dadas Litson, HIRO, Royale Homes, DDC Land, Casa-Tu Realty, Julie’s Bakeshop,
Enchanted Kingdom, Chinabank, Ka-Entrep, For Global City, RCBC, Lipa Buko
Juice, K and R United, World Traveller, Bangs Tony and Jackey, Bioessence.
The event is supported by the
following media partners: Business World, When in Manila, Balikbayan Magazine,
Asian Journal, Franchising PH, Light Network, Voice of the Youth, Business
Insight, Money Sense, DZME, Asenso Pinoy, Busy Bee, Sweet Day, Whoa TV, Wazzup
Pilipinas and Tinig ng Marino.
Currently, the event has few
promotion space left. For interested parties you can call tel. no. 643-3887 and
633-0153.
For more information you can visit www.megabalikbayanofwexpo.com.ph
and www.facebook.com/MegabalikbayanOfwExpo
The event is produced and organized
by Exlinkevents. Exlinkevents is one of the top professional congress and
exhibition organizers in the country. It is recognized by the Department of
Tourism.
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