E-commerce boom ‘huge’ export opportunity for SMEs – ITC

THE e-commerce boom is leveling the export field for small and medium enterprises (SMEs) in developing countries like the Philippines, but the government needs to lend a hand to these exporters to help them take advantage of this huge opportunity, the International Trade Center (ITC) said in a report released January 13.

The United Nations Conference on Trade and Development has said that developing countries should grasp the rapidly growing opportunity of electronic commerce -- worth around $22.1 trillion in 2015, up nearly 40 percent from 2013 -- or risk falling quickly behind.