Cebu Pacific Back To Full Year Profit After Pandemic Losses

Cebu Pacific soars to new heights with Php 90.6 billion in revenue for 2023, marking a 60% increase from the previous year!

FDA DG Assists Small Businesses With BBMSME Program, Joins First Lady in Tuguegarao

Food and Drug Administration Director General Dr. Samuel Zacate partners with Tuguegarao Mayor to empower local entrepreneurs through Bigyan-Halaga, Bangon Micro, Medium and Small Enterprises program.

Tala’s Iona Inigo-Mayo Shares Its Empowerment On The Organization And Its Customers

Gender-inclusive workplaces drive success! Tala empowers women, fostering leadership & financial independence, transforming lives and communities globally.

HONOR PH Introduces HONOR X7b, Another High-Quality Phone Without Breaking Your Wallet

HONOR Philippines locally debuts the durable, budget-friendly HONOR X7b, boasting impressive features like extended battery life and superb display.

Most MSMEs In Cordillera Region Adapt To E-Commerce

0

Most MSMEs In Cordillera Region Adapt To E-Commerce

0

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

The Department of Trade and Industry (DTI) in the Cordillera region said more than 8,500 micro, small and medium enterprises (MSMEs) have resumed operation through e-commerce.

The MSMEs’ online presence would allow them to thrive and continue marketing their products if they can be accessed via the Internet, accept payment via the different online payment portals, and be able to deliver their products without the need to physically meet up or the client needing to visit the store or the production area, Juliet Lucas, OIC director of the DTI-Cordillera, said in an interview on Friday.

Lucas said 3,060 MSME owners were trained and equipped with online capability as early as 2020, while 5,536 more were assisted from January to September this year.

“They are coping, especially with the help of their children who are adept in social media and technology,” she said.

Lucas noted that many of the MSMEs, no matter how small the business is, have embraced the new trend in marketing and payment that now allows them to sell their produce online.

She added that aside from the DTI, several government agencies have been aiding the sector to cope with the e-commerce system, which the government started to lay down for its supposed full implementation in 2030.

“We had to rush and make our traders adapt to it immediately when the pandemic struck but we are glad that the traders are willing to embrace it,” Lucas said.

She added that about 75 percent of the MSMEs in the region are now partially in operation while about 15 percent are in full operation while 10 percent have opted to fully halt operation due to losses and difficulty of marketing and coping with the online trend.

Lucas said they are glad that some MSME products are now present in major online shops, such as Lazada and Shopee. (PNA)