Why Attend the Mega Balik-bayan Expo and Business Congress?
The Balikbayan and OFW’s contribute to the country’s growth remittance. Money sent by OFW’s back to the Philippines is a major factor in the country’s economy, amounting to more than US$10 billion in 2005. This makes the country the fourth largest recipient of foreign remittances behind India, China, and Mexico. the amount represents 13.5% of the Philippines’ GDP, the largest in proportion to the domestic economy among the four countries mentioned.
Overseas Filipinos sent back $14.4 billion in remittances to the Philippines in 2007, up from the $13 billion in 2006.
The Philippines has estimated an inflow of $15.9 billion worth of remittances in 2008.
This economic back draft created Mega Balikbayan Expo and OFW Business Congress (MBEX) in order to make Overseas Filipino Workers (OFW) into Overseas Filipino Investors (OFI), a term coined by President Gloria-Arroyo, which means that besides remittance OFW must now be developed to know how to invest in property, business and other investment vehicles the earnings in order to make their sacrifice working abroad impact positively on their personal live and the country as a whole.
Since majority of the Balikbayans and OFWs return to the country during December, MBEX will provide them the opportunity to learn and select properties, business and investment tools available in the market using the most effective person-to-person tool conference and exhibition.
Mega Balik-bayan Expo and Business Congress
Date: December 11-13, 2009
Venue: Megatrade Hall, SM Megamall
The Expo
The 3 day expo will showcase different exhibitions that offer business and investment opportunities to Balikbayans and OFWs. It also offers Tours and Hotel Destinations who wanted to experience again the wonders of the Philippines.
The Congress
The Conress will be a learning venue of different OFW groups, associations, government and private entities. This will provide them networking opportunities which essential in moving-up the economic development of this special group. OFW heroes and speakers expert from the different fields of business will act as resource in enticing and broadening the horizon of the group.
The Venue
Megamall is the 5th largest mall of Asia. The mall is home to a thousand tenants which generates an average of 500,000 visitors daily! The development in Ortigas and nearby area makes the venue strategic in providing learning and entertainment experience to MBEX visitors. As for the MBEX exhibitors, it allows them to capture the market that the mall possess during this very peark shopping season.
Who Will Visit?
Realty companies, business offering franchise, dealership and distributition, banks, insurance and financial companies offering investments, service companies, retail companies, technology copanies, international companies, educational institutions, and a lot more…
Target Attendees?
Balikbaayans, OFW, OFW, Families, OFW Association and Group, Non-Government Organizations serving OFWs, Small and Medium Business Owners, Government and Private Institutions.
Produced and Organized by Ex-LINK Management & Marketing Services Corp.
