12. THREAT TO NEW ENTRY
High
Maids and care takers are
common Singaporean
imports and is considered a
fast growing industry
13. COMPETITIVE RIVALRY
High
Philippine maids have rivalry due to
the abundance of maids from other
countries
Singaporeans are known to import
maids from different countries
14. SUPPLIER POWER
High
The Philippines is known to have
some of the best maids
Exporting of maids is known to be
done in the Philippines
15. BUYER POWER
Low
The Philippine maids are some
of the best and are known for
their quality, which making them
more preferable over other maids
Demand for these maids higher
than those maids from other
countries
16. THREAT OF SUBSTITUTION
High
Abundance of maids in
Singapore from different
countries increases
choices of Singaporean
employers and increases
the level for alternatives
and substitution
18. REQUIREMENTS TO ESTABLISH A
BUSINESS
1. You must engage a professional firm to register a Singapore
company. Singapore law does not allow foreign individuals or
entities to self-register a company.
2. There is no requirement for you to obtain any special Singapore
visa if you merely want to incorporate a private limited company but
have no plans to relocate to Singapore. You are free to operate
your company from overseas as well as free to visit Singapore on a
visitor visa whenever required to attend to company matters on a
short-term basis.
3. If you plan to relocate to Singapore to operate your company, you
are required to obtain an Employment Pass or Entrepreneur Pass
type of work pass.
4. All Singapore company incorporation formalities (as well as work
permit formalities, if applicable) can be handled without you having
to visit Singapore. The only exception may be opening a bank
account, depending upon the bank you choose.
19. ENTREPASS
1. You wish to establish a business in Singapore and relocate to
Singapore to run it. The proposed business idea must be
entrepreneurial and innovative in nature, and able to create local
employment.
2. You have an entrepreneurial and/or relevant background.
3. You plan to register your business as a Singapore private limited
company and not as a sole proprietorship or partnership.
4. You have not yet incorporated your company, or the company is not
more than six months old at the time of EntrePass application.
5. You plan to have at least 30% shareholding in the proposed
business.
6. The company will have a minimum paid-up capital of S$50,000.
You are sponsored by a well-established Singapore-registered
company or are able to furnish a Banker’s Guarantee of $3,000
issued by a Singapore-based bank upon approval of application.
20. REQUIREMENTS FOR A FDW
1. Foreign Domestic Workers (FDWs) must have a minimum of 8
years of formal education and possess the necessary educational
certificates as documentary proof of her education. A list of
acceptable educational certificates is given below.
2. When the foreign domestic worker arrives in Singapore, she will
have to submit a photocopy of the educational certificates before
she is allowed to sit for the FDW Entry Test. The Ministry of
Manpower (MOM) may require FDWs who are unable to produce
acceptable educational certificates to be repatriated.
3. According to mom.gov.sg
the requirement for a Foreign Domestic worker is a Highschool
Diploma
http://www.mom.gov.sg/documents/services-forms/passes/educational-
requirements-for-first-time-fdw.pdf
23. BESTMAID.SG.ORG
SITE: http://www.netmaid.com.sg/
STRENGTHS:
5 different nationalities of Maids
Easy access and user-friendly when it comes to hiring maid
WEAKNESSES:
Competition against other developing maid agencies
OPPORTUNITIES:
Wide target market allows for development of a wide range of different services
THREATS:
Other online maid agencies that are being developed
Adjusting of culture of the maids
24. NETMAIDS
SITE: http://www.netmaid.com.sg/
STRENGTHS:
Uses different kinds of nationality when it comes to maids
WEAKNESSES:
The site is quite confusing
Unpleasing of accessibility
OPPORTUNITIES:
New maids in the market
THREATS:
Other online maid agencies that are being developed
25. FCMAIDAGENCY
SITE: http://www.fcmaidagency.com.sg/
STRENNGTHS:
Highly qualified maids
WEAKNESSES:
The site is unpleasant to the consumer(being too wordy)
The site being confusing
OPPORTUNITIES:
Recruitment of maids in the market
TREATS:
Other online maid agencies that are being developed
26. MAIDPROVIDER.PH
SITE: http://www.maidprovider.ph/#hiremaid
STRENGTHS:
First online maid agency in the Philippines
Assures good quality maids by placing great effort on background investigations before hiring
maids
WEAKNESSES:
Competition against other developing maid agencies
OPPORTUNITIES:
Because they are the first online maid agency in the Philippines and a well-known one as well, they
have developed customer trust and have a trusted company image
Word of mouth for being well-known and for being the first online maid agency in the Philippines
helps develop a better company image
THREATS:
Competition because of the development of more online maid agencies in the Philippines
27. MERRY MAIDS PHILIPPINES
SITE: http://www.merrymaids.ph
STRENGTHS:
Customizes maid services to fit customer needs
Individualize services and prices to suit different customer factors
WEAKNESSES:
Competition against other developing maid agencies
OPPORTUNITIES:
Individualizing price factors and services to customer needs can serve as a unique factor that will
continue to help the company stand out
THREATS:
Competition because of the development of more online maid agencies in the Philippines
28. QUALITY CARE IN-HOME CARE
SERVICE
SITE: http://www.qualitycareprovider.com/index.php
STRENGTHS:
Personalized care giving to the preference of the customers
Target market is not limited and widely ranged
WEAKNESSES:
Competition against other developing maid agencies
OPPORTUNITIES:
Wide target market allows for development of a wide range of different services
THREATS:
Competition because of the development of more online maid agencies in the Philippines
