EMBASSY OF THE REPUBLIC
OF THE PHILIPPINES


SEOUL REPUBLIC OF KOREA

news

Business group launches ‘Kabuhayan Pinoy Muna’ project for OFWs


The Association of Filipino Franchisers Incorporated (AFFI) has unveiled its new program of advocacy, called Kabuhayan Pinoy Muna, to promote franchising and entrepreneurship among Filipinos, especially the overseas Filipino workers (OFWs).

AFFI is composed of over 80 Filipino-owned business franchisers who own small and medium enterprises (SMEs). The program aims to promote entrepreneurship among Filipinos by educating them on the advantages of putting up homegrown Filipino business on a micro, small and medium scale. It also represents the group’s effort to assist in the reintegration of returning OFWs in the country by encouraging them to make use of their entrepreneurial ideas and initiatives. Rommel T. Juan, president of Binalot Fiesta Foods, Inc. and the new AFFI president, said developing the Pinoy entrepreneurial spirit will result in a deep and wide base of Filipino SMEs all over the country. These SMEs are key to alleviating poverty and attaining long-term, sustainable economic growth, said Juan. “More than just promoting business specifically, however, our Kabuhayang Pinoy Muna advocacy also aims to help make Filipino businessmen believe in themselves once more. AFFI is convinced that Filipinos are just as imaginative, creative and sharp in business as the best in the world,” Juan added. This, in turn, will help change the growing negativism among many of our countrymen who now feel that there is very little opportunity and possibility to prosper locally. “This is probably one reason why they look to either migrating or working abroad as a top option,” said Juan. He noted that OFWs are a major contributor to the national economy because of their dollar remittances, but there has been very little initiative in encouraging entrepreneurship among OFWs. “There are more than 11 million OFWs worldwide, or about 11 percent of the total population. [They have] sent back an estimated $14.7 billion in remittances last year, and about $13 billion in 2006. Considering these, OFWs make up a considerable group [as potential investors],” explained Juan Traditionally, OFWs would invest their earnings in buying houses or putting up sari-sari stores. While these sari-sari stores do well, there is very little room for expansion. Franchising, he said, represents a relatively risk-free yet profitable investment for OFWs. The biggest challenge in encouraging OFWs to go into business is lack of information. “OFWs may have the money to invest in a business, but they may be hesitant to do so because there is no one to address their concerns,” he said. Another problem, he said, is inertia. “They may just be content with having money in the bank and would not want the trouble of handling a business.” Media can help resolve this if it takes a more active role in educating the public about entrepreneurship. The private sector and the media can jointly disseminate the message that entrepreneurship is a viable alternative to seeking overseas employment, Juan affirmed. AFFI plans to conduct a series of lectures to promote entrepreneurship and discuss the basics of establishing and running a business. AFFI members themselves will share their experiences in entrepreneurship. The group also plans to establish a “hotline” for those who need information to start their own business. It will also conduct the AFFI Grassroots Campaign, a series of tours to schools, institutions and communities, to spread its entrepreneurship advocacy. “We hope to inspire fellow Filipinos to once more believe in themselves, their ideas, their dreams and most importantly, in their country. Our advocacy slogan sums it all up—Bago ang iba, Kabuhayang Pinoy Muna [Livelihood to Filipinos first before others],” concluded Juan.

Other News


March 08, 2026
FILIPINO CADETS GRADUATE WITH HIGH HONORS FROM ROK MILITARY AND NAVAL ACADEMIES

27 February 2026, Seoul and Changwon, ROK. The Philippine Embassy in Seoul congratulates Philippine Cadet 1st Class Guidson T. Domingo of the Korea Military Academy (KMA) and Philippine Midshipman 1st Class Lemuel H. Ego-ogan of the Republic of Korea Naval Academy (ROKNA) on their graduation on 27 February 2026, reflecting the continued excellence of Filipino cadets in premier ROK military institutions and the enduring strength of Philippines–Republic of Korea defense cooperation, including academic exchanges between our armed forces.

Read More
March 04, 2026
Seoul PE joins the 2026 National Women’s Month Celebration

04 March 2026, Seoul - The Philippine Embassy in Seoul, along with officials from attached agencies, held a flag-raising ceremony featuring a Lupang Hinirang video with an all-women cast, to start the celebration of the National Women’s Month at the Sentro Rizal Hall, Philippine Embassy in Seoul on 03 March 2026.  

Read More
March 08, 2026
Legal Forum on Marriage Migrants' Issues

01 March 2026, Seoul, Republic of Korea- In observance of National Women’s Month and in support of Filipino marriage migrants in the Republic of Korea, Embassy officials, led by Consul General Edwin Gil Q. Mendoza, took part in a legal forum addressing key concerns on marriages, divorces, and visa-related issues affecting Filipino marriage migrants in D-Square, Dangsan, Yeongdeungpo, Seoul.

Read More