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Business

Philippines to formulate 2020 e-commerce roadmap

The Philippine Star

MANILA, Philippines (Xinhua) - The Philippine government is committed to facilitating the formulation of the 2020 E-Commerce Roadmap, dubbed to be the industry's blueprint of perfect vision, a senior government official said today.

To formulate the roadmap, the Department of Trade and Industry (DTI) is set to conduct a series of Technical Working Group (TWG) meetings this year to gather stakeholders and involve them in the process, said DTI Undersecretary Prudencio Reyes Jr.

The TWG is divided into the pillars of information security, data privacy, e-payment, consumer protection and logistics, aimed to develop e-commerce, decrease corruption by integrating technology, and ease business procedures, Reyes said.

The Philippine e-commerce market grew to about $1 billion in 2014 and is expected to grow to $2 billion by 2015.  




 

BILLION

COMMERCE

DEPARTMENT OF TRADE AND INDUSTRY

DTI

E-COMMERCE ROADMAP

GOVERNMENT

INDUSTRY

REYES

TECHNICAL WORKING GROUP

UNDERSECRETARY PRUDENCIO REYES JR.

XINHUA

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