• Kabayan Magazine

TRUSTED BUSINESS PARTNERS: Relaunch of Kabuhayan Shopping Program

VOL. 1 NO. 1 DECMEBER 2018


Good news for our Overseas Filipino Workers: Duty Free Philippines Corporation (DFPC) and the Technical Education and Skills Development Authority (TESDA) have renewed their partnership to relaunch the Kabuhayan Shopping Program for OFWs and balikbayans.

First introduced in 2011, the Kabuhayan Shopping Program aims to equip our OFWs to better manage their income from overseas. Through this program, they can acquire the information and skills necessary in putting up their own business. This program is to give back to OFWs who contribute enormously to the Philippine economy.

"The Kabuhayan Shopping Program provides opportunities for our fellow balikbayans to spend their hard earned money efficiently, investing in livelihood tools for small and micro enterprise businesses. We are pleased to strengthen this initiative with TESDA which will also offer training for business development and marketing, among others," DFPC Chief Operating Officer Vicente Angala said.

TESDA Director Luz Ampunin also noted that this program is an excellent opportunity for OFWs to capitalize on entrepreneurship considering the extra value they can get on top of the tax-exempt shopping privileges. In line with this, the duty-free shopping limit for OFWs looking to establish their own business in the Philippines may be increased to USD$4,500.

According to Officer-in-Charge for DFP Marketing Malu Malabuyo, this initiative will give returning Filipinos an exclusive opportunity to buy additional duty and tax-exempt livelihood tools up to USD$2,000 subject to acceptable foreign currencies at Duty Free Philippines Fiestamall. This covers items necessary to start a small and micro business such as bread and pastry production, cookery, house keeping, shielded metal welding, and carwash, among others.

Furthermore, DFP and its partner banks offer credit cards on the spot should OFWs be short on funds. In addition to this, the Overseas Worker Welfare Administration (OWWA) offer loans to OFWs who wish to start their own business in the Philippines. Along with TESDA and other partner banks, DFP also provides consultations regarding entrepreneurship.

The DFPC's Kabuhayan Shopping Program is provided for under the Balikbayan Law, or Republic Act No. 9174, which gives duty-free shopping privileges and incentives to all OFWs and balikbayans.

The Kabuhayan Shopping Program was officially relaunched on September 30, 2018 at the Duty Free Philippines Fiestamall. [K]


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