meljun cortes status and trends of e-commerce

***Satus and Trends of

Ecommerce in the Phils.

***Future E-commerce in the

Phils.

MELJUN CORTESMELJUN P. CORTES MELJUN P. CORTES

Source: The Economist Intelligence Unit 2007

MELJUN P. CORTES MELJUN P. CORTES

Status and Trends of

Ecommerce in The Phils…….

Philippine e-commerce has grown rapidly

in recent years. Scores of businesses

now operate their own website or use the

internet for customer and supply chain

transactions.


Status and Trends of Ecommerce in The

Phils…….

Business to Business Websites

BayanTrade.com

http://bayantrade.com/

SourcePilipinas.com http://www.sourcepilipinas.com/

Directoriesphil.com

http://www.directoriesphil.com/ B2bpricenow.com(officially endorsed e-market place of the Phils for

Agriculture & Fisheries)

http://www.b2bpricenow.com/contents/mainpage.asp


http://bayantrade.com/

http://www.sourcepilipinas.com/

http://www.directoriesphil.com/

http://www.b2bpricenow.com/contents/mainpage.asp


Phils…….

Established Internet data Center

Businesses

-Globe Quest

-Ayala Port

Companies even share facilities, which

help process electronic transactions.

-Bancnet,Megalink,Expressnet


Status and Trends of Ecommerce in

The Phils…….

Business to consumer websites- growing rapidly.

-Online Banking and Financial Services

-bill payments

-travel booking

-shopping (e.g. Online book retailing, groceries)

-Insurance



The Phils…….

Consumer to Consumer

The rapid growth of mobile-phone users in

recent years provides an opportunity for

Internet-based services, including e-

commerce, to grow exponentially in future

a. Globe Telecom- G-Cash

b. Smart Com. – Smart Money/

Pasa Load



Phils…….

In 2001 the government launched an

electronic-procurement service called G-EPS

to procure products and services through the

Internet. Most government agencies now

operate their own websites, providing a wide

array of online services.

- the Bureau of Internal Revenue launched a

system in 2002 that lets taxpayers file their tax

returns online



The Phils…….

The government has drawn up a National Information Technology Plan for the 21st Century (IT21 Plan) to develop the country as a major information-technology (IT) hub for multinational companies

3 major IT zones in Metro Manila

1.Eastwood City,

2.Fort Bonifacio

3. Filinvest



The Phils…….

Internet Growth in Philippines:

YEAR Users Population % Pop. Usage Source

2000 2,000,000 78,181,900 2.6 % ITU

2005 7,820,000 84,174,092 9.3 % C.I.Almanac

2006 14,000,000 87,236,532 16.0 % Yahoo!


http://www.yahoo.com/


The Phils…….

Mobile subscriber penetration 41.15%

Internet user penetration 5.4%

Broadband subscriber penetration 0.6%

Source: EIU CountryData, 2006 estimates.(Philippines)

Connectivity Statistics:


Future E-commerce in The Phils…

E-commerce in the Philippines is expected to grow dramatically in the next 3–5 years, driven by the rapid rise in Internet use.

Factors driving up Internet use include a highly educated middle-class population and a well-developed consumer culture.

Increasing number of Overseas Filipino Workers has also driven Internet growth-Internet as an affordable way to keep in touch with them.

Telecoms companies are moving towards technology convergence High-speed Internet access . voice over Internet protocol (VoIP)



The Phils…….

Factors That limit the growth of e-

commerce in the Philippines

low level of personal-computer

penetration,

few credit-card holders

unreliable distribution systems in the

archipelago.



The Philippine E-Commerce Law:

July 1st 1998 R.A. 8792, an act providing for the recognition and

use of electronic commercial and non- commercial transactions,

penalties for the unlawful use thereof, and for other purposes

The E-Commerce law addresses the significant legal challenges

facing Filipinos who wish to participate in this wealth-creating

global phenomenon. MELJUN P. CORTES MELJUN P. CORTES

TOWARDS E-

GOVERNMENT

It mandates that government as well as government- owned and controlled corporations use electronic transactions in all its processes (Section 27)

Section 29 empowers the DTI to promote and develop electronic commerce as well as to promulgate rules and regulations, provide quality standards or issue certifications in the pursuance of this Act’s intentions.



government agencies to do most of their

licensing functions, acceptance of

payments, or the issuance of receipts on

line.


Source: The Philippine Internet Commerce Society (PICS )

E-Commerce Alive and Well in the Midst of Challenges

June 29, 2008



Proposal of Credit Information Systems Act (CISA) and the Payments Systems Act (PSA), both of which are legislations that are deemed to have an impact on the proliferation of e-commerce in the Philippines.

The proposed CISA will organize a credit information system with a central credit information entity at its core. The sharing and dissemination of information in the system will give lenders the ability to more accurately determine good borrowers, manage risks better, increase volume of lending, and minimize dependence on collaterals for extension of credit.

the CISA is seen to help the e-commerce industry through the possible increase of credit cards in the country, which will give more local Filipinos opportunity to transact payments online.

Source:



merchants need to be serious about seeing

their e-commerce initiatives through,

particularly in terms of marketing.

merchants tend to think that once they are

online, customers will come, not realizing that

they need effective marketing programs to let

the public know about their e-commerce

capabilities.



For Philippines to be a Main Competitor in E-commerce

A need for universal, affordable access to advanced communications lines

Further development of the telecommunications infrastructure

Further encouragement of investment capital, both domestic and foreign

Build human capital even more through training in information systems and management skills, with degrees or at least certifications

Increase participation of private sector alongside government initiatives



Philippines - Internet and E-Services

**The growth of e-commerce will depend

on increasing the accessibility of Internet,

greater PC penetration and stronger

government e-commerce legislation.


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