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Trade Expo rakes P21M

Trade Expo rakes P21M

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Trade Expo rakes P21M

Topic |  
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TRADE EXPO. Australian Ambaasador Twedell with Gov. Edgar Chatto, DTI Reg'l Director Aster Caberte and Linda Paredes at the weeklong Trade Expo at the Block of the Island City Mall. The expo attracts shoppers from Bohol and elsewhere who trooped to the province during the Sandugo Festival which ended last Monday with the presentation of El Gamma Penumbra.
TRADE EXPO. Australian Ambaasador Twedell with Gov. Edgar Chatto, DTI Reg’l Director Aster Caberte and Linda Paredes at the weeklong Trade Expo at the Block of the Island City Mall. The expo attracts shoppers from Bohol and elsewhere who trooped to the province during the Sandugo Festival which ended last Monday with the presentation of El Gamma Penumbra.

The recently-concluded Sandugo Trade Expo generated P21 million of sales for over 100 exhibitors, surpassing last year’s record of P20 million.

DTI-7 Regional Director Aster Caberte, however, said a bigger percentage of last year’s P20 million sales comprised of under negotiation sales.

This year, the bigger sales on record had been attributed to cash sales and booked orders.

Something different and inspiring this year was that the sales already reached P1.4 million on the first day, even before the official opening, she added.

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Caberte said processed food topped the sales, as well as the high-end products by exporters from Cebu and other regions such as house wares, home decors, furniture, and fashion accessories that had been noted to have attracted most of the consumers.

The exhibitors were also able to showcase excellent collection of products this year as a result of intensive product development last year.

Raffia and loom weavers from Tubigon also got booked orders of considerable value.

Caberte also said she finds it good to note that many local establishments purchased bulk supply of the products and even negotiated with the exhibitors for the products to be available in Bohol throughout the year.

Now on its 10th year, the Sandugo trade expo attracted more exhibitors contributing to the increase in sales.

Around 100 exhibitors from Cebu, Bohol, and Mindanao participated in the weeklong Sandugo Trade Expo as one of the highlights of the Sandugo celebration on July 22- 27.

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The trade expo showcased also local products such as food items, furniture, fashion products, wall decors, house decors, jewelry, guitars, wellness products, handicrafts, and other items made from indigenous materials.

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Exhibits of furniture are the latest addition this year.

Products from Bohol included loom-weaved products from Tubigon, Clarin and Inabanga towns.

DTI Undersecretary Zenaida Maglaya who graced the opening of the trade expo noted the participation of entrepreneurs from Mindanao, expanding the array of products on display.

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Maglaya believed that the trade expo serve well in terms of sales that it attracted more exhibitors.

Indeed, the trade events have been effective in marketing products, according to Maglaya.

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The triennial Tigum Bol-anon Tibook Kalibutan (TBTK) being held here also contributed to the increase in sales this year, according to Maglaya.

 

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