The Philippines banks on e-commerce and digital economy to speed up recovery


The Philippines is banking on e-commerce to boost its economic recovery through the Covid-19 pandemic, as reports state it was the second fastest adopter of e-commerce in the SEA region. — Bloomberg

The Philippines is continuing to bank on e-commerce and digital economy to speed up its economic recovery in the post COVID-19 pandemic period.

With the brick and mortar businesses hit by the global pandemic and lockdown measures, Commercial Attache at the Philippine Trade and Investment Centre in Kuala Lumpur (PTIC), Katrina Banzon said e-commerce sector in the Philippines has seen a surge in the midst of the pandemic.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 53
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Tech News

Hertz ties up with BP for EV charger installations in North America
French telecoms tycoon Niel ventures into crowded payment sector
Crypto regulation laggards spur arbitrage risk - French central banker
Saudi NEOM's tech unit rebrands, invests $1 billion in 2022 -CEO
Hollywood star, tech execs invest in Italian start-up Bending Spoons
FTC should probe payroll data deals by brokers like Equifax, rival says
French police arrest three over online porn violence
Stellantis and Uber join forces on electric vehicles market in France
Opinion: Robots may not be coming for your job – but they are coming
Soon, you’ll be able to control all your smart devices from a single application

Others Also Read