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The Philippines banks on e-commerce and digital economy to speed up recovery
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The Philippines banks on e-commerce and digital economy to speed up recovery
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
PCCI Chair Ma. Alegria “Bing” Sibal Limjoco
PCCI Chair Ma. Alegria “Bing” Sibal Limjoco said this as online business transactions grew the strongest in the country where most economic sectors plunged during the pandemic period due to the continuing movement restrictions imposed by the government to control the spread of the virus.
Limjoco explained that PCCI’s National Mediation Center (NCM) which offers an alternative mechanism to resolve business conflicts through mediation, is in partnership with the Conflict Resolutions (CORE) Group. They are now discussing strategies to provide an e-mediation services for both business and consumer alike.
Limjoco, who is also chairman of the Philippine Retailers Association and Philippine Franchise Association, business organizations have committed to pursue programs that will support and complement the 2022 E-Commerce Roadmap that was launched recently by the Department of Trade and Industry (DTI).
Published March 10, 2021, 1:24 AM
The Philippine Chamber of Commerce and Industry (PCCI) and other business organizations have committed to pursue programs that will support and complement the 2022 E-Commerce Roadmap that was launched recently by the Department of Trade and Industry.
“The PCCI, Philippine Franchise Association (PFA), and the Philippine Retailers Association (PRA), which I represent, fully support this roadmap and commit our cooperation to pursue our shared vision of promoting e-commerce in the country,” said Ma. Alegria “Bing” Sibal Limjoco, PCCI chair and vice chair of PFA and PRA, during the Roadmap’s launch.
Limjoco noted that the E-Commerce Roadmap is very timely and significant, considering the accelerated use of e-commerce due to the pandemic, which also bared the country’s deficiencies in this field.
Porsche is considering manufacturing options in Asia, with Malaysia in the mix
It has been reported that German automaker Porsche is considering setting up an assembly plant in Kedah, Malaysia, in partnership with Malaysian conglomerate Sime Darby Bhd s subsidiary Inokom Corporation. Sime Darby is already a distributor for Porsche in the region. Porsche reportedly aims to make Malaysia an Asian production hub.
The development would be a very big boost for Malaysia as the assembly plant, when developed, would be the only Porsche production facility outside Europe. To date, Porsche plants are in Germany with one also in Slovakia.
Porsche global vehicle deliveries have been on a steady rise since 2015. Like everyone in the industry, the automaker was hit by the pandemic, but a look at deliveries shows a degree of resilience. APAC & MEA remained major contributors to 2020 sales and are relatively high-volume and high-growth regions for Porsche.
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