The Asian Development Bank
(ADB) expected the growth to quicken in the coming 2016. ADB projected a 6.3%
Gross Domestic Product (GDP) for 2016. They also lowered their forecast on
the inflation rate from 3.3% to 3%.
These key economic
indicators augur well for OFWs who wanted to return and stay for good in the
Philippines, and start their own business.
Bangko Sentral ng Pilipinas (BSP) reported
that cash remittances from overseas Filipinos amounted to $12.08 billion in the
first six months of the year, $637 million higher compared to $11.45 billion in
the same period last year.
The increased cash remittance of the OFWs
shows the potential of the sector to further contribute to the economy’s growth
by investing their money in business.
Several OFW entrepreneur success stories
have been reported and documented, indicating that the sector has the capacity
to jump into entrepreneurship, given the proper guidance and education they can
enlarge their economic role in the country’s further development.
There are 12 Million OFWs is working all over
the world, these numbers can add
The OFW
SME Christmas Expo aims to be one of the platforms for helping the OFWs and
SMEs to further grow their business capacity. The
event is set, this December 15-16, 2015 at Megatrade, SM Megamall.
This two-day expo will highlight the following special events: 7th
Outstanding OFW and Balikbayan Recognition Award (OBRA), Business Meet-up,
Association General Meeting.
The 7th Outstanding OFW and Balikbayan Recognition Award
(OBRA) is a recognition given to OFWs and Balikbayans that showed exemplary
behavior in the following categories: Entrepreneurship, Community Building,
Family Building, Good Deeds, Positive Character, Work Ethics and Blogging.
The committee award two winners per category.
The Business Meet-up is an organized and speed-dating form of business
networking, allowing exhibitors and invited business decision makers to network
and exchange business opportunities.
Association General Meeting is an
event for different associations to conduct their meetings inside the event and
Christmas Party in order to expose their members to the different exhibitors
offering business opportunities in the event.
In addition, the OFW SME Christmas Expo has the following co-located
events: Housing Fair, Food and Drinks Expo, National Franchise and Business
Opportunity Fair, Finance and Investment Zone, Beauty and Health and Travel
Philippines.
Pag-ibig,
Philhealth, Ka Entrep, United Seafarers, Asenso Pinoy, Light Network, and
Wazzup Pilipinas Becken Trading, Technocicle
Merchandising, Brother Philippines, Citibank, Awei , PLDT KaAsenso, Gift
& Media Lab Ventures and Walterbread support the event.
The event is produced and organized by Ex-link Management and Marketing
Services Corporation, to learn more about the event, contact tel. no . 643-3887
| 633-0153.
- Tuesday, November 10, 2015
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