9th OFW Summit in Pasay highlights concepts of financial literacy, entrepreneurship

Robie de Guzman

MANILA, Philippines – At least 4,000 overseas Filipino workers (OFW) and their dependents attended the 9th OFW and Family Summit held on Tuesday at the World Trade Center in Pasay City.

The event, with the theme “Kabuhayan sa Sariling Bayan,” highlighted the concepts of financial literacy and entrepreneurship as well as business start-ups and trends.

The summit was spearheaded by the Villar Family through its foundation, the Villar Social Institute for Poverty Alleviation and Governance (Villar SIPAG), in partnership with the Department of Trade and Industry (DTI), Department of Foreign Affairs (DFA), and other government and non-government agencies.

“Masaya po kami dahil napakaraming kababayan na OFW ang nagpunta at nagpakita ng interes sa mga livelihood or business opportunities dito sa Pilipinas na maaari nilang paglagyan ng kinita nila abroad para magkaroon ng sariling kabuhayan dito sa atin,” Sen. Cynthia Villar said in a separate statement.

“Gusto talaga namin na maraming mahikayat na ang katuparan ng mga pangarap ay hindi lamang makukuha kapag tayo ay nag-abroad. Pwede din tayong magtagumpay sa sariling bayan natin,” she added.

Resource persons invited to the summit from various agencies discussed topics on financial literacy and provided guidance on how to seize opportunities and become entrepreneurs.

“Iyon ang intention namin na in the future na babalik sila sa Pilipinas, dapat y’ong mga pamilya nila, mayroon ng hanapbuhay na naghihintay sa kanila para pwede na silang mag-retire at mag-operate na lang dito sa Pilipinas.” Villar told reporters on the sidelines of the summit.

“Hindi nila kailangang magtayo ng restaurant kung ang galing mo care-giving; or ikaw ay graphic artist, pwede kang graphic designer at ‘yon ang iyong negosyo,” DTI Secretary Ramon Lopez said.

Concerns of OFWs on where to find accredited recruitment agencies, what agencies to ask help from for problems abroad, and their rights as overseas workers were also tackled during the event.

Participants also enjoyed a raffle draw with prizes such as a house and lot, motorcycles, pangkabuhayan showcases, appliances, and other gadgets. – RRD (with details from Correspondent Asher Cadapan Jr.)

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