1.

) More than 67% people love to purchase

PH e-commerce industry sees more growth in
2019”According to Zialcita (2019)
The-commerce industry is gaining ground as
digital marketplaces end 2018 with record highs to
reflect the growing number of Filipinos doing their
shopping online.The Internet World Stats reported
that around 67 million Filipinos were active online
in January 2018. This was a 12% increase year-
on-year. Businesses believe this makes the
country an ideal place for e-commerce to thrive.
through their mobile rather than laptop, & other
system: Everyone knows how to operate a
cellphone & use many apps. So, it is very
obvious people prefer to phone to purchase the
products through mobile.
2.) In the beginning of 2015, purchases made
with smartphones accounted for 60% of all
mobile sales: the smartphone make people
crazy & hence, it the reason people prefer to use
smartphone rather than any other.
3.) The largest number of online purchases in
the world if from Asia & some part of South
Korea.
According to Technopedia (2019), Electronic business
(e-business) refers to the use of the Web, Internet,
intranets, extranets or some combination thereof to
conduct business. E-business includes a much wider
range of businesses processes, such as supply chain
management, electronic order processing and customer
relationship management. E-business processes,
therefore, can help companies to operate more
effectively and efficiently.

4.) Apparel and accessories sales are the

A report by Statista said that the Philippine e-
commerce market revenue grew to $840 million or
about P44 trillion in 2018 from $688 million or about
P36 trillion in 2017. Revenue is expected to grow
about 10.5% annually leading to a market volume of
$996 million dollars or about P53 trillion pesos by
2019. The government also sees a big potential for
e-commerce. This prospect encourages
entrepreneurs to take their businesses online as
they enter 2019.
fastest growing sector in ecommerce: It is
possible because women are more curious
about the shopping & they love to purchase
such things.
5.) 95% of Twitter users visit retail websites as
compared to the other Internet users: It means, Electronic business is a broader term that
every ecommerce business people concentrate encompasses other common terms such as e-
& generate more followers on Twitter rather commerce and e-tailing. As more of companies'
than others. sales, marketing and other internal business
6.) Ecommerce is the fastest growing processes are conducted digitally, electronic
business: Everyone knows that, because it business processes and content management are
help customers to save their time & efforts. becoming increasingly important. This shift has also
7.) 40% of worldwide internet users have been facilitated by improved security measures for
bought products or goods online via desktop, online transactions.
mobile, tablet or other online devices.
8.) More shoppers are than ever are checking a
store website before heading out to the
physical location.
9.) UK is the world's 4th largest ecommerce
 Duterte aims to boost MSMEs with
Philippine Innovation Act
Arianne Merez, ABS-CBN News
Posted at Jul 16 2019 04:31 PM

agricultuTo achieve the country’s innovation goals,

the law requires the government to have
technology programs, innovation centers,
innovation networks, technology platforms, cluster
policies, and human capacity-building
programs.The new measure also forms the
National Innovation Council (NIC), which is tasked
to develop the country’s innovation goals and
priorities.It will be chaired by the President and
vice-chaired by the National Economic and
Development Authority Director-General. Other
Cabinet members such as the secretaries of trade
and industry, science and technology,
transportation, health, energy, and national defense
are also included in the NIC.The NIC is required to
develop a National Innovation Agenda and Strategy MANILA - President Rodrigo Duterte has signed the
Document which will “establish the country’s vision Philippine Innovation Act which aims to help micro, FACTS ON E-BUSINESS
and long-term goals for innovation.” The document small and medium enterprises (MSMEs) become part of Sheila Mae S. Benedicto
will also serve as a roadmap for improving the global market.
Republic Act No. 11293, signed on April 17, aims to BE 330
innovation governance.Under the new law, the
following must be considered in identifying areas remove obstacles to innovation by “suppressing 9:00-11:00
for innovation: security and sustainable agriculture bureaucratic hurdles,” and encourage the
entrepreneurial attitude to stimulate growth of local
Blue Economy’ or ocean resources businesses.

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