Thursday, February 12, 2015

DTI: Domestic sales up by 14.8% in 2014



DAVAO CITY, Feb. 12 – The Department of Trade and Industry (DTI) in Davao Region reported an increase of 14.8 percent in domestic sales resulting from its initiated interventions.

Based on its annual accomplishment report, DTI-Davao reported that from a total of P942.78 million of domestic sales in 2013, it grew to P1.082 billion in 2014.

Furthermore, it can also be noted that the 2014 accomplishment is four percent higher than the annual target of P1.040 billion.

Of the said 2014 accomplishment in domestic sales, 53 percent was generated through market matching, 41 percent from monitored sales, four percent from Pasalubong Centers, and the remaining two percent from trade fairs.

DTI-Davao Officer-in-Charge Maria Belenda Q. Ambi said the domestic sector’s remarkable performance can be attributed to the various marketing, product development, and productivity interventions provided by the agency to the region’s micro, small and medium enterprises (MSMEs).

“DTI has really been implementing programs, projects, and activities that will surely help our MSMEs improve,” she said.

Meanwhile, DTI-Davao was able to assist 7,169 MSMEs in 2014. This is higher by 57 percent as compared to 4,579 in 2013.

Majority of these MSMEs, or 57 percent of them, have been previously assisted already, while the remaining 43 percent are newly developed and assisted.

Most of these entrepreneurs are found in Davao City, with 1,853; Davao Oriental with 1,483; Davao del Norte with 1,344; Davao del Sur with 988; and Compostela Valley with 678.

Ambi said these MSMEs in the region benefitted from DTI’s programs and projects like the SME Roving Academy, Shared Service Facility (SSF), rehabilitation program for Typhoon Pablo-affected areas, and Industry Cluster. (DTI-11/JenMendoza)

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