Philippines says number of online businesses has jumped 40 times

Registered online business names in the Philippines soared to over 75,000 last week from 1,700 in March— Free-Photos/Pixabay

The number of registered Philippine online businesses surged more than 40 times in the past five months as people turned to the Internet for income amid one of the world’s longest lockdowns.

Registered online business names soared to over 75,000 last week from 1,700 in March, the Department of Trade and Industry said in a statement on Sept 8.