March 2021 | International Law Alerts | Crypto Currency / E-Commerce

  MOU on fight vs. rising online counterfeiting, piracy signed The Intellectual Property Office of the Philippines (IPOPHL) has signed a memorandum of understanding (MOU) with the biggest e-commerce platforms in the country and intellectual property rights holders for speedy removal of fake products on online shopping sites. SSS says e-transactions up more than twice due to pandemic Quarantine restrictions put in place to address the spread of the coronavirus disease (Covid-19) resulted in the surge in Social Security System’s (SSS) electronic transactions in 2020 Online palengke delivers wet and dry goods to one’s doorstep PalengkeLink, a local digital delivery…

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February 2021 | International Law Alerts | Cryptocurrency / E-Commerce

  DTI roadmap aims to double e-commerce contribution to economy The Department of Trade and Industry (DTI) seeks to double the contribution of e-commerce to the economy to P1.2 trillion by 2022, from nearly P600 billion in 2020. Digital payments for online shopping overtake cash PayMaya founder and CEO Orlando Vea said e-wallets, cards and bank transfers reached more than 50 percent of all online buying in the country. He was citing data from internal and external sources such as a report from Google, Temasek, Bain & Co. and Euromonitor. Police seize $60 million of bitcoin! Now, where’s the password?…

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JANUARY 2021 | International Law Alerts | Cybersecurity

Cybersecurity trends to watch out for in Southeast Asia in 2021 The rhythm of life among Southeast Asians was shaken by the sudden, sweeping changes last year. Despite the gloomy outlook, policies across SEA successfully compelled both the public and business sectors to shift gears quickly, step up their use of technology and go online for literally everything. Security experts from Kaspersky’s Global Research and Analysis Team (GReAT) gives us a lowdown on how cybercriminals took advantage of this  event and what the cybersecurity landscape appears to look like in 2021. United Nations data breach exposed over 100k UNEP staff…

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JANUARY 2021 | International Law Alerts | Cryptocurrency / E-Commerce

China Is Dominating Ecommerce In China, a drab gray Mao suit was once the required attire for men and women. No longer. The country is poised to become the largest luxury apparel market worldwide by 2025. With a 2020 population of 1.4 billion and a flourishing middle class with an appetite for foreign luxury goods, China is dominating ecommerce. 2021 online retail predictions Nobody could have predicted the ecommerce climate in 2020. But the Digital Commerce 360 staff thinks the past year’s events lend themselves to some forecasting as 2021 takes shape. Charts: Social Media’s Impact on Ecommerce Revenue Social…

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MAY 2020 | International Law Alerts | E-Commerce

Digitally Advanced Southeast Asian Banks Expected to Accelerate Digital Transformation Strategies Due to COVID-19: Report Southeast Asian banks will most likely accelerate their digital transformation initiatives, due to the COVID-19 outbreak and changing consumer behavior resulting from safe distancing measures and lockdowns.

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APRIL 2020 | International Law Alerts | E-Commerce

Anti-red tape body wants e-payments for gov’t cash aid THE Anti-Red Tape Authority wants electronic payments for cash aid under the government’s P200-billion program to support the poor affected by a Luzon-wide lockdown to contain a coronavirus pandemic that has brought the economy to a standstill.

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