Tuesday, August 21, 2018

Oct 05 17, 12:17 pm

PH Ambassador to the UAE arrives in Abu Dhabi

Ambassador Hjayceelyn Quintana, the newly-appointed Philippine Ambassador to the UAE, has arrived in Abu Dhabi and has already begun her tour of duty yesterday, August 20. She was welcomed by the entire staff of the Philippine Embassy upon her arrival at around 4:00...

Duterte sick, in coma claims not true, Palace says

Presidential spokesperson Harry Roque denied the allegations of Communist Party of the Philippines founding chairman Jose Maria “Joma” Sison that President Rodrigo Duterte is sick and has gone in coma. Roque said Duterte is “fine and well” and that the president will...

Emirates airlines passenger proposes to girlfriend on flight

A passenger from the Emirates Airlines decided to surprise his girlfriend by asking her to marry him while they were en route from Shanghai to Dubai. The airlines congratulated the couple and posted the video of the proposal on their social media which happened during...

Popeyes returns to the PH after a decade

American fast food chain Popeye is making a comeback to the Philippines after KUYA J Holdings Group, Inc acquired their exclusive master franchise deal. The brand first opened in the Philippines in 2001 and lasted until 2007 after encountering a problem with the...

Know what business is good for you

by | EDITOR’S CHOICE

If you want to venture into entrepreneurship, a great business idea is not enough. According to experts, a good business is more than just something you’re excited about or good at. You have to make sure your idea is actually viable and will bring you profits.

Here are some helpful tips from Malou Prado, MPQ Travel, managing director and Atty. Barney Almazar, partner at Gulf Law.

  • Identify the business that you want to put-up, whether it be selling, trading, consultancy.
  • Identify whether your business needs to be licensed as a mainland company or free zone company. In the UAE, a mainland company should have a local sponsor who should have 51 percent ownership. A free zone company could be owned by an expat 100 percent. There are also businesses that falls under professional license, that could be owned by an expat 100 percent. Food businesses falls under the professional license business in the UAE.
  • Choose a good location for your business. If you want to put-up a business that requires to have a shop, for example, choose a location where there are lots of footfalls.
  • Match your business activity even if you want to set-up your business in a free zone. Not all free zones are open to all business activities.
  • Prepare an ample capital especially if your business requires bank guarantee like a travel agency. In the UAE, a travel agency needs to put up a bank guarantee of Dh100,000 and a minimum capital of Dh300,000.
  • Choose a good trade name and have it approved by the Department of Economic and Development (DED).

Prado and Almazar were two of the distinguished panelists at the recently concluded Philippine Property and Investment Event (PPIE).

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Editors Choice

Trending OFW children

Trending OFW children

OFWs call them their “trophies,” the real fruits of their labor. In this edition, we feature them: The migrant Filipino workers’ children who have gone viral for giving their parents glory amid the pain and hard work. DUBAI: If you regularly ride Dubai’s metro, you...

First batch of amnesty grantees to return to PH on Aug. 15

First batch of amnesty grantees to return to PH on Aug. 15

The first batch of overseas Filipino workers who were granted amnesty by the UAE government is set to return to the Philippines tomorrow, August 15. A total of 98 Filipinos, including six minors, will be returning home via Philippine Airlines flight PR 659 at DXB...

PH Ambassador to the UAE arrives in Abu Dhabi

Ambassador Hjayceelyn Quintana, the newly-appointed Philippine Ambassador to the UAE, has arrived in Abu Dhabi and has already begun her tour of duty yesterday, August 20. She was welcomed by the entire staff of the Philippine Embassy upon her arrival at around 4:00...

Duterte sick, in coma claims not true, Palace says

Presidential spokesperson Harry Roque denied the allegations of Communist Party of the Philippines founding chairman Jose Maria “Joma” Sison that President Rodrigo Duterte is sick and has gone in coma. Roque said Duterte is “fine and well” and that the president will...

Emirates airlines passenger proposes to girlfriend on flight

A passenger from the Emirates Airlines decided to surprise his girlfriend by asking her to marry him while they were en route from Shanghai to Dubai. The airlines congratulated the couple and posted the video of the proposal on their social media which happened during...

Popeyes returns to the PH after a decade

American fast food chain Popeye is making a comeback to the Philippines after KUYA J Holdings Group, Inc acquired their exclusive master franchise deal. The brand first opened in the Philippines in 2001 and lasted until 2007 after encountering a problem with the...

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THE FILIPINO TIMES is the biggest and most trusted Filipino newspaper in the UAE.

It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 1 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

FOLLOW US

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