Digital platform foodpanda said that as e-commerce emerges as a vital tool in the country’s economic development, developing this sector becomes a key government priority.
The company further said the 11.11 Mega Pamasko Sale aims to stimulate sales for local brands and businesses and connect businesses to Shopee’s digital ecosystem on the platform.
Fans of online shopping and Netflix may soon find themselves shelling out more than the usual after the House of Representatives on Monday, Nov. 14, approved on third reading House Bill 4122 which imposes tax on digital transactions and subscriptions.
In the Philippines, Mind You estimates that there is only one psychiatrist for every 200,000 Filipinos and that there is a serious lack of education and awareness on mental health.
The overall increase in transaction value was propelled by the bank’s corporate Internet banking platform, the Landbank weAccess, which logged 13.26 million transactions worth P2.95 trillion – a 739% increase in value from the same period last year.