The recently concluded Bahandi 2024 Trade Fair in Tacloban City has proven to be a massive success, generating staggering sales of over ₱44 million and showcasing the vibrant entrepreneurial spirit of Eastern Visayas.
Record-Breaking Sales Figures
According to the Department of Trade and Industry (DTI), the eight-day event held from June 20-27 achieved remarkable commercial success, with total sales reaching ₱44,031,731. This impressive figure demonstrates the strong market demand for Eastern Visayas products and the growing competitiveness of local micro, small, and medium enterprises (MSMEs).
Strong Market Response
The trade fair attracted significant attention from both wholesale buyers and retail customers. Wholesale transactions accounted for ₱31,937,731, while retail sales contributed ₱12,094,000 to the total revenue. This balanced performance indicates robust business-to-business opportunities alongside strong consumer interest.
Regional Showcase of Excellence
Bahandi 2024 served as a premier platform for 129 MSMEs from across Eastern Visayas to display their unique products. The event featured:
- Traditional handicrafts and woven products
- Organic food items and processed delicacies
- Innovative home decor and furniture
- Quality fashion accessories and wearables
Government Support for Local Businesses
The DTI-organized event underscores the government's commitment to nurturing local entrepreneurship. Through initiatives like Bahandi, MSMEs gain valuable exposure to broader markets, access to potential distributors, and opportunities to scale their operations.
Economic Impact on Eastern Visayas
The outstanding performance of Bahandi 2024 signals positive economic momentum for the region. The trade fair not only generated immediate revenue but also established long-term business connections that will continue to benefit local enterprises throughout the year.
The success of this year's event sets a promising precedent for future trade initiatives in Eastern Visayas, highlighting the region's potential to become a significant contributor to the national economy through its unique products and skilled artisans.
