Monday, February 05, 2007
SMEs in Davao Sur post P1-M in sales from fairs
SMALL and medium enterprises (SMEs) in Davao del Sur generated more than P1 million cash sales after joining various trade fairs last year.
The Department of Trade and Industry (DTI) in the province reported that a total of eight fairs were attended by 361 exhibitors in the province last year, generating a total of P1,106,372 in cash sales.
The different fairs were identified as the Sulop Municipal Fair; Malalag Municipal Fair; Kiblawan Municipal Fair; Provincial Agri-Industrial Trade Fair; the Padada Municipal Fair; the "Tabaoan sa Digos" 2006; the Sta. Cruz Municipal Fair; and the Sta. Cruz Barangay Agro Trade Fair.
Of the eight fairs in the province, the "Tabaoan sa Digos" 2006 contributed much to the income generation with more than P500,000 cash sales.
Also last year, DTI in the province conducted a total of seven selling missions that facilitated market linkage for the SMEs resulting to the tie-up with institutional buyers and established new markets for the SMEs.
On the other hand, a total of 16 market matching activities were also facilitated that benefited by 28 firms generating a total sales of P10.6 million.
One of the results of the market matching conducted is the establishment of an outlet for the Magrice (Magsaysay Rice) at the NCCC Mall in Davao City.
Through the outlet, the organic rice (Magrice) of Magsaysay increased their sales by 100 percent.
The initial volume delivered to the NCCC Mall was 700 kilograms per week. Now, Magsaysay is delivering 1,400 kilograms per week. Other outlets for the display of the product were also established in Digos City. (JGRS)
For more Philippine news, visit Sun.Star Manila. For Bisaya stories from Davao. Click here. (February 5, 2007 issue)
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