Overseas Filipino workers (OFW) who plan to venture into business will be pleased to hear that Duty Free Philippines’ (DFP) is implementing its Kabuhayan Shopping Program that will extend their shopping limit from US$2,000 to US$4,500.
Malu Malabuyo, Marketing OIC of Duty Free, said this initiative was first introduced in 2011, giving OFWs an exclusive opportunity to buy additional duty and tax-free livelihood tools up to USD2,000.
“We have a USD2,500 shopping limit for OFWs. With the addition of USD2,000, OFWs can shop at least USD4,000-worth of Kabuhayan items,” she said.
For OFWs who cannot pay cash, Malabuyo said partner banks will be offering credit cards that can be used on the spot.
The DFP will relaunch the program on September 30 in coordination with the Technical Education and Skills Development Authority (TESDA).
The additional USD2,000 shopping limit on livelihood tools covers items necessary to start a small and micro enterprise business such as bread and pastry production, cookery, housekeeping, shielded metal welding, carwash, among others.
DFP Chief Operating Officer Vicente Angala earlier said they have strengthened the livelihood program through TESDA’s assistance.
“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 who will also offer training for business development, marketing, among others,” he said.