E-commerce seen as major growth driver by 2020

The Department of Trade and Industry (DTI) said that the Philippine E-Commerce Roadmap (PECR) 2016-2020 will boost the e-commerce industry to become a major economic growth driver in the country.

In a statement, the DTI said the roadmap, which aspires to see the e-commerce industry contribute 25 percent or one fourth of the country’s gross domestic product by 2020, would help propel the e-commerce industry’s growth, supporting the entry of about 100,000 micro, small, and medium enterprises (MSMEs).