E-Commerce Alive and Well in the Midst of Challenges
by Mon Lizardo
Once again, the Philippine Internet Commerce Society (PICS) proved that e-commerce is alive and kicking in the country as it successfully held its networking night for the month of June 2008 Friday night, the 27th, at the Magnet Cafe at the Bonifacio High Street, Bonifacio Global City, entitled, “e-Commerce Alive! 2.0″.
The event was well-attended by PICS members and players in the e-commerce industry who were treated with both food and a lot of information. It was highlighted by a presentation on the current status of the 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.
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The 2008 Philippine E-Commerce Forum
We finally pulled it through! For the first time we were able to gather in one place all the major industry players in the field of ecommerce.
Together with the Commission on Information and Communications Technology (CICT) and the Department of Trade and Industry (DTI), we were all able to bring in one place from Telcos, Internet Service providers, Various government instituions, all the major banks including govt banks, payment gateways, online merchants, bloggers. online auctions and job sites, research companies and media to discuss and brainstorm the current ecommerce situation and how to move forward.
eCommerce
Today, the Internet is changing the very definition of trade.
There are essential content you must include in your website…
The E-Commerce law addresses the significant legal challenges facing Filipinos who wish to participate in this wealth-creating global phenomenon.
Online Business
Inquirer.net - In November 2007, college student Michelle B. Parawan bought six blouses at P1,500 from a Manila supplier whom she met online. She then sold the blouses at P380 each giving him a profit margin of P780 from her first investment.
It all started with a need to set-up a business that is home-based.
It proved the Internet to be a viable medium for e-commerce business in the Philippines.
Internet
Security and Privacy was already a concern many years ago and was in fact the reason why a separate subcommittee was created [...]
Atty. Lalen Parlade, PICS Director is currently working with PICS, CICT, BPAP and the legislative offices to help craft a Privacy Bill for the country.
Payments
Philippine merchants can now introduce eCommerce Pinoy style…
What we want is to build a healthier domestic online market, featuring high volumes of low-price transactions.
Online Community
Despite their sometimes controversial reputation with traditional media, bloggers are definitely a powerful force to reckon with.
