Among the countries in SE Asia, consumers in Malaysia (72%) strongly favored the SMEs’ adoption of digital payment systems, followed by Singapore (68%) and the Philippines (68%).
Marking 10 years in the Philippines and Southeast Asia, e-commerce platform Lazada is throwing a big party and inviting shoppers to embark on their own personalized Lazada journey with the app’s Time Machine feature.
The government also warned that the practice of providing prices through private (or direct) messages to consumers or buyers is considered a violation of the Price Tag Law.
E-commerce dominated over other businesses during the entire pandemic period that began in March 2020, a top executive in the credit card industry said.
Cloud logistics network LOCAD said providing great customer service with localized fulfillment serves as two of the most crucial elements needed to capture the Southeast Asian e-commerce market.
Makati City representative Luis Campos Jr. has called on online shopping platforms to ask their merchants and logistics partners to reduce their use of bubble wraps, and to consider alternative packaging materials that are either reusable or easier to recycle.
The Regional Comprehensive Economic Partnership (RCEP) Agreement, which will take effect early this year, is the first free trade agreement (FTA) of the Philippines with comprehensive provisions on e-commerce.
The Euromonitor's recent Megatrends Report recognized Manila-based e-commerce enabler Etaily as among the Philippine companies that are shaping the top eight global Megatrends that indicate major shifts in consumer values and behavior.
