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Thursday, October 24, 2024

E-commerce promoted

The government plans to allow 100,000 micro, small and medium enterprises, or about a tenth of total businesses in the country, to take advantage of electronic commerce by 2020.

The Trade Department said the Philippine e-commerce roadmap was targeting about 100,000 MSMEs, out of the total 937,000 businesses, to transact online by 2020, along with fast and competitive Internet access.

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The Trade Department said its e-commerce office would hold e-commerce roadshows around the Philippines in coordination with Trade regional offices to help achieve the target.

“We are focusing our promotion activities on e-commerce not only within the East Asia sub region but as well as nationally to help micro small and medium enterprises to engage in borderless trade, given the population within the East Asia sub region.  There is a huge market for E-Commerce,” said Trade undersecretary for special concerns Prudencio Reyes.

Asean has 143.1 million Internet users, including 44.2 million in the Philippines.

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