Home Headlines CL MSMEs earn P150-M in trade fairs in 2018

CL MSMEs earn P150-M in trade fairs in 2018

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CITY OF SAN FERNANDO – A total of 2,190 micro small and medium entrepreneurs (MSMEs) earned around P150 million in sales from 183 trade fairs organized and participated in by the Department of Trade and Industry (DTI) in 2018.

In a press statement, DTI Region 3 said these trade fairs include 11 international events participated in by 41 entrepreneurs from Central Luzon.

Notable among the international fairs joined by Region 3’s MSMEs in 2018 are the China ASEAN Expo in Nanning, China and the Hongkong International Toy Fair.

The DTI statement also said the bulk of the sales of the Central Luzon MSMEs was earned from the Likha ng Central Luzon Regional Trade Fair held on October 10 to 14, 2018 at the SM Mega Trade Hall. The 167 participants of the Likha Fair earned more than P63.5 million in sales during the 5-day trade fair.

Another big-ticket event which gave local entrepreneurs significant sales was the Philippine International Furniture Show, a locally held international trade fair conducted on March 10-12, 2018 at the SMX Convention Center.

During the fair, 12 participating MSMEs from Region 3 earned a total of P28.7 million in the three-day fair. During the National Food Fair from March 14-18, 2018, 32 Central Luzon MSMEs earned a total of P7.4 million while 33 participant entrepreneurs from the region earned P3.55 million during the National Trade Fair held on August 22-26, 2018 at the SM Megamall in Mandaluyong City.

The DTI-3 said aside from assisting local entrepreneurs in participating in 11 international fairs in 2018 it was also able to assist local entrepreneurs in participating in 33 national trade fairs, 12regional trade fairs, 34 provincial trade fairs and in 93 trade fairs.

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