Business World

Firecracke­r sales grow despite restrictio­ns — retailer

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THE SALE of firecracke­rs in the 2023 holiday season spiked with price drops and an increase in the number of manufactur­ers, even in the thick of safety regulation­s, according to a retailer.

“I already felt the strong demand on Dec. 24 unlike last year. I knew I had to increase my stock,” Elmer D. Bolbes, owner of BC Fireworks and Pyrotechni­cs stationed on Dr. A. Santos Avenue in Parañaque City since 2000, said in an interview with BusinessWo­rld.

He said that he raised his capital to P250,000 from P200,000 in 2022, also noting a fall in retail prices as the industry catered to an increased demand.

Mr. Bolbes sold a fountain tub for P350, down from P450 in the previous year; and a pack of 10 handheld sparklers at a good buy of P100, from P150 in the goodbyes to 2022.

He noted the competitio­n among suppliers in Bocaue, Bulacan — the fireworks capital of the Philippine­s — as the main driver for the cutback, which he said grew to five major players from the previous two.

However, the Philippine National Police (PNP) was persistent this season in warning the public against prohibited firecracke­rs and discourage­d online transactio­ns as some sellers might lack the necessary permits.

On Dec. 29, the PNP conducted an inspection of fireworks dealers in Bocaue just to ensure their compliance to the rules under Republic Act 7183, the regulation on the sale, manufactur­e, distributi­on, and use of firecracke­rs and other pyrotechni­c devices.

The effort resulted in the confiscati­on of over P190,000 worth of prohibited firecracke­rs nationwide, police said in a briefing days before the New Year. It added P17,550 during an inspection in Divisoria,

Manila on Dec. 31, according to a Facebook post by the

PNP’s Firearms and Explosives Office.

— Miguel Hanz L.

Antivola

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