Soccsksargen MSMEs post P35-M sales in trade expo

By Richelyn Gubalani | Philippine News Agency

GENERAL SANTOS CITY – Micro, small and medium enterprises (MSMEs) from parts of Region 12 (Soccsksargen) earned around P35 million in sales during a week-long trade fair here organized by the Department of Trade and Industry (DTI).

Jude Constantine Jaugan, DTI Region 12 director, said on Wednesday (Nov. 24) that the figure was based on the reported cash, booked, and under negotiation sales generated by the 24 MSMEs that joined the Yaman Dose Trade Expo from Nov. 15 to 21 at the SM mall atrium.

“The recorded sales exceeded our original target of P10 million by 250%,” he told reporters.

Dubbed the “Best of Soccsksargen,” the trade expo showcased over 500 new and improved products of MSMEs in the region, especially those assisted by various support programs of the agency.

The displayed products included fashion bags and accessories, banana chips, coffee, various processed fruits, processed aquamarine, face masks, face mask holder, embroidered shirts, personal protective equipment, tote bags, Tnalak bags, among others.

Jaugan said they provided guidance and related interventions to make the products market-ready, especially on a wider scale.

During the fair, he said thousands of buyers visited the booths of participating MSMEs and the featured special setup display for over 50 products from those supported by their business development programs.

The exhibitors comprised 16 food processors and eight homestyle and wearable manufacturers. Seven of them are from this city, five each from South Cotabato and North Cotabato, four from Sultan Kudarat, and three from Sarangani.

Aside from the physical selling of products, Jaugan said they organized a five-day online selling via Facebook that attracted over 59,000 viewers.

He said the participants, which were featured per province, recorded total sales of P342,000.

Yaman Dose was considered the biggest trade expo organized this year by DTI-12 in partnership with the local government units.

It was the first major physical trade fair held in the region since 2019 after the scheduled event in November 2019, then dubbed “Treasures of Region 12, was scrapped due to the series of earthquakes that hit the region while last year’s edition was also suspended due to the COVID-19 pandemic. (PNA) – bny

Popular

Malacañang assures unhampered response to economic challenges

By Dean Aubrey Caratiquet As the repercussions of geopolitical developments in the Middle East continue to cause global shocks, Malacañang said that the government is...

PH retains title as Asia’s Leading Dive Destination, bags 6 other Asia wins

By Dean Aubrey Caratiquet The Philippines is indeed blessed with awe-inspiring wonders that can be found nowhere else in the world, from seas overflowing with...

PBBM strengthens local tax administration, institutionalizes local government reforms

By Dean Aubrey Caratiquet Aligned with the administration’s thrust to champion sweeping reforms in government, President Ferdinand R. Marcos Jr. issued Administrative Order No. 49...

PH labor market remains resilient amid inflationary pressures

By Dean Aubrey Caratiquet Amid notable inflationary pressures arising from bad weather and expensive fuels, the domestic labor market remains relatively insulated from these recent...