Global Furniture Brand DEDON Adopts COREnergy’s Sunshine Plan

DEDON Manufacturing becomes COREnergy’s first Sunshine Plan customer through a two-year retail electricity supply agreement.

Distressed Denim Meets Brocade In Marques’Almeida’s Spring/Summer 2027

Marques’Almeida brings rawness and refinement into the same frame for Spring/Summer 2027, pairing sculptural proportions with the brand’s instinctively undone approach.

Pre-Order And Own The Latest iPhone 18 Pro And iPhone 18 Pro Max For As Low As PHP137 Per Day With Home Credit

Home Credit Philippines gives Filipinos more flexible ways to pre-order and own the latest iPhone 18 Pro models.

Miguel Vieira: Spring-Summer 2027 Womenswear Collection “Back To Black”

Black becomes a language of its own as the Spring/Summer 2027 collection brings sculptural flowers, precise tailoring, and fluid silhouettes into focus.

Sec. Lopez: Registers Over 75K Online Businesses Are Now Registered

A total of 75,029 online businesses have registered with the DTI from January to August this year.

Sec. Lopez: Registers Over 75K Online Businesses Are Now Registered

70
70

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

A total of 75,029 online businesses have registered with the Department of Trade and Industry (DTI) from January to August this year, Secretary Ramon Lopez said on Thursday.

At the Senate committee hearing for the Internet Transactions Act, Lopez said bulk of internet-based businesses was registered during the start of community quarantine.

He said there were 73,276 online businesses that registered between March 16 and August 31.

Registration of online entrepreneurs from January to March 15 this year only reached 1,753, he said.

In July, DTI reported that total online business registration in the first seven months of the year reached 37,000. This means registration of online businesses quickly doubled in one month and hit the 75,000-mark.

While enterprises grow their presence online, complaints related to these also surged in the past months, Lopez said.

From 2,457 complaints related to online transactions in 2019, complaints filed with the DTI in the first eight months of the year reached 12,630, the trade chief added.

“The quadruple increase of this is attributed to the surge of online transactions due to the pandemic. The highest number of complaints, around 8,000, was during the months of April and May when the strictest level of community quarantine was in all areas. Due to the limited movement of people, consumers heavily relied on online shopping,” Lopez said.

He reiterated DTI’s support to pass the Internet Transactions Act to boost the country’s e-commerce law.

“The proposed Act will support the government’s, at least, for the government’s role of enabling businesses and protecting consumers,” Lopez said.

Lopez added the bill will enable the growth of e-commerce in the country and support the digitalization of the micro, small, and medium enterprises.

This will also establish a regulatory framework for internet transactions, he said.

“(It’s a) path for DTI to address regulatory gaps in the field of e-commerce, or when it is unclear whether existing regulatory agencies could exercise jurisdiction over emerging businesses,” he said. (PNA)