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Bacolod City, PhilippinesWednesday, April 11, 2012
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Panaad trade fair kicks off;
LGUs vie for product prizes

The 19th Panaad Trade Fair and Exhibit kicks off today at the Panaad Park and Stadium, Bacolod City, where local government units vie for the top grosser of the year, best products, and other special awards, Gerard Tupas, TLDC project development officer III, said yesterday.

Tupas said LGUs will compete for Panaad Best Product and entries may come from home and furnishings, home accessories, and personal accessories and for specialty food products, they will compete for Best Market Potential, Best Innovative Product, and Best New Product.

TLDC will also give special awards, the Design Excellence Award that will be given to local designer or artist of the top best product for the personal, home accessories, and home furnishing categories and the Sabor Negrense Award for the food producers for the special food products category, he said.

The Top Grosser Award will be given to the LGU that has generated a total sales of P500,000 and more during the trade fair and exhibit.

The consolidated sales will include sales from gifts, toys, housewares, specialty food, furniture, and agri-based products like organic vegetables and value added crops, he also said.

The highest grosser will receive P50,000 cash while three consolation prizes will be given to the next top three highest gross sales with P20,000 each , Tupas said.

Last year, Cadiz City was declared the top grosser with a total sales of P738,898, followed by Moises Padilla with P334,145 total sales, Calatrava with P226,720, and San Carlos with P192,316 total sales.*LTG

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