The Information Technology (IT) and e-commerce industries in the Philippines are expected to drive growth during and beyond the COVID-19 pandemic, according to Department of Trade and Industry Secretary Ramon Lopez.
In a virtual forum, Lopez stated the Philippines’ adoption of the e-commerce sector went up to 80.2% in 2021 from last year’s 76%. Data shows that of the 73.91 million internet users in the country, 80.2% of them are purchasing online.
The country’s rapid shift toward digitalization and the Fourth Industrial Revolution (4IR) also entails the generation of more jobs and business opportunities in the technology field.
To help companies take advantage of these opportunities, the DTI launched roadmaps and programs such as the e-commerce Philippines 2022 that provide aid to MSMEs.
An online conference called CTRL+BIZ Reboot Now! has also been launched to provide MSMEs information on how to bring their businesses online.
Further, DTI’s AI roadmap aims to use AI to improve enterprise productivity, enhance the economy’s competitiveness, and help companies in their digital transformation.