Philippine exporters hold grand sale of quality products in Cebu

On August 27-30, more than 70 exporters in the country will unload their inventories for the local market at the least possible price during the Exporters’ Expo in Cebu

Spearheaded by the Department of Trade and Industry (DTI-7), the event is slated at the SM City Cebu Atrium as part of the agency’s effort to help the ailing export sector amid the weak market interest due to the financial crisis.

Cebu, the furniture export capital of the Philippines accounting for about 60 percent of monthly exports, is feeling the brunt of the global financial crisis with foreign orders steadily declining.

According to DTI, the Exporters’ Expo is just one of the ways DTI assists exporters survive the crisis.

DTI added that the event is also an opportunity for the local market to avail of the world-class furniture products at very affordable prices.

Aside from furniture products, the Exporters’ Expo will feature world-class products such as fashion accessories, gifts-toys-and housewares, among others.

The furniture manufacturers in Cebu is tapping the domestic market in order to survive but focus is on selling to institutional customers.

The four-day exposition is expected to attract buyers from all over the Philippines, as well as foreign tourists.

This is the first time that the government has extended its hand to invite exporters to join the Exporters’ Expo and allow local retail market to avail of the export quality products.

For more information on the Exporters’ Expo, interested parties may call the Trade Development and Promotion Division at 412-1868, 255-0036-37, or 412-1989 local 601 or 602.