FEBRUARY 2020 | International Law Alerts | E-Commerce

Interoperable QR code standard for Asean pushed MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is ramping up efforts to achieve a cash-lite economy as it pursues an interoperable QR (quick response) code in Southeast Asia. How SARS contributed to the birth of China ecommerce SARS was a turning point for China’s two online retail leaders, Alibaba and JD.com Here is how they navigated the crisis, what it meant for them, and what it might mean for ecommerce in China today. ePlane takes off as an aerospace products marketplace Since launching in 2017, ePlane has built a base of…

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DECEMBER 2019 | International Law Alerts | E-Commerce

E-money transactions up 33% to P1 trillion in 9 months Digital payments surged by 33 percent to breach the P1 trillion level from January to September on the back of enabling regulatory environment, rising number of providers and aggressive marketing

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NOVEMBER 2019 | International Law Alerts | E-Commerce

E-commerce in ASEAN: Digital technology and players E-commerce has been the most dynamic segment of the Internet economy in ASEAN over the past three years. The value of e-commerce rose four-fold, from $5.5 billion in 2015 to more than $23 billion in 2018. PHL digital economy seen at $25 billion in 2025 WHILE the local digital economy is expected to balloon to $25 billion by 2025, the Philippines stands to be the nation with the smallest digital economy among six countries in the Southeast Asian region, according to a study conducted by Temasek and Google. ASEAN regulatory sandbox will promote…

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JUNE 2019 | International Law Alerts | E-Commerce

DTI wants e-commerce sites regulated THE Department of Trade and Industry (DTI) wants legislators to pass a law regulating the operations of e-commerce sites and imposing stiffer penalties on consumer rights violations.

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MAY 2019 | International Law Alerts | E-Commerce

Philippines $10 billion e-commerce stokes digital payment push The Philippines’ e-commerce gross merchandise value (GMV) could surge to $10 billion a year, padding the profits of Alibaba-backed Lazada and Shopee, both of which dominate the nation’s B2C marketplace. Rapid proliferation of online purchases is likely to support a regulatory push to convert 20% of the country’s retail transactions to digital.

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