The Department of Trade Industry (DTI) rolled out on Friday, Jan. 29, its e-commerce roadmap, eyeing the sector to value at P1.2 trillion or sharing 5.5 percent of the economy by 2022.
Department of Trade and Industry (DTI) secretary Ramon Lopez said 88,000 new registrations for online businesses – a record number – were posted in 2020.
Current indicators show that the Philippines is ready to shift to digital payments and other financial technology (fintech) innovations. The Philippine government, particularly the...
DTI undersecretary for consumer protection group Ruth Castelo reported that 6,907 of the total 14,869 online purchase-related complaints from January to October this year were against shopping apps Lazada and Shopee.
Filipino startup Edukasyon.ph received $5,000 equity-free cash after emerging as the overall winner in the Wildfire Pitch Competition held during the Ignite 2020 Cyber Conference.
Japanese firm Yokowo recently decided to choose the Philippines as the site of a new subsidiary for automotive wiring harness and components manufacturing and assembly operations.
A unified quick response (QR) code for the logistics sector will be implemented in 2021 under the National Effort for the Harmonization of Efficient Measures of Inter-related Agencies (NEHEMIA) program of the Anti-Red Tape Authority (ARTA).
Department of Trade and Industry secretary Ramon Lopez said the roadmap will help the country become an “AI center for excellence” in the region, backed by a rich local talent pool and vibrant innovation and entrepreneurship ecosystem.
