Filipinos in Dubai Learn About Entrepreneurship at Final Session of Financial Literacy Seminar Series
Over 50 Overseas Filipinos attended the fourth and final session of the Financial Literacy Seminar Series on 29 October 2022. One of the financial literacy mentors, Mr. JR Papel, discussed entrepreneurship and business development. (Bottom right) Consul General delivered the closing remarks and extended his gratitude to the financial literacy mentors and attendees for supporting the Financial Literacy program of the Consulate. (Dubai PCG photo)
DUBAI, 14 November 2022 – Overseas Filipinos (OFs) in Dubai and the Northern Emirates learned how to start their own businesses at the fourth and final module of the Financial Literacy seminar series organized by the Philippine Consulate General in Dubai and the Northern Emirates on 29 October 2022.
The last session was attended by over 50 OFs who received insights on entrepreneurship, business development, and reintegration programs in the Philippines.
Welfare Officer Melvin Caseda and Ms. Maria Fatima Dazal of the Overseas Workers Welfare Administration discussed the various national reintegration programs and services provided by the agency. Ms. Charmaine Mignon Yalong, Philippine Commercial Attaché and head of the Philippine Trade and Investment Center in Dubai discussed the capacity-development training and programs offered by the Department of Trade and Industry.
Dubai-based financial and business experts Mr. JR Papel and Mr. Lyndon Magsino talked about the rewards and risks of entrepreneurship and shared some advice on developing a sound business plan. The mentors offered further marketing and branding consultancies to participants who intend to start a business.
In his closing remarks, Consul General Renato N. Dueñas, Jr. underscored the importance of raising financial literacy among OFs. He urged participants to share their learnings with colleagues, friends, and family members to help them make informed and effective financial decisions.
The Financial Literacy Seminar series has been a project of PCG Dubai since 2017. It includes four modules, (1) savings, budgeting, and debt management; (2) investments and insurance; (3) investing in real estate; and (4) entrepreneurship, business development, and reintegration programs - all of which were developed with the assistance of Dubai-based financial experts and mentors.
The seminar series is in line with the vision of the Post to promote personal financial responsibility and empowerment among the Filipino community in Dubai and Northern Emirates. It also aimed to create a new breed of Filipino entrepreneurs and facilitate reintegration of Filipino migrants in the Philippines. The seminar series, which was held over four Saturdays, was attended by over 200 OFs from different backgrounds. END
Over 50 Overseas Filipinos attended the fourth and final session of the Financial Literacy Seminar Series on 29 October 2022. (Dubai PCG photo)
For more information, visit https://www.dubaipcg.dfa.gov.ph or https://www.facebook.com/PHinDubai