DTI teaches digital commerce to over 300,000 businesses

DTI teaches digital commerce to over 300,000 businesses

/ 08:31 AM July 14, 2024

DTI teaches digital commerce to over 300,000 businesses

BADGE OF HONOR Kawayan Collective Agricultural Cooperative chair Marbert Tinguha (fifth from left) receives the Presidential Award for Outstanding MSME (small business category) from President Ferdinand Marcos Jr. Also in the photo are (from left): MSME Development Council vice chair and Go Negosyo founder Joey Concepcion, Trade Secretary Alfredo Pascual and Executive Secretary Lucas Bersamin. — PHOTO FROM GO NEGOSYO

MANILA, Philippines — The Department of Trade and Industry (DTI) has trained more than 300,000 micro, small and medium enterprises (MSMEs) on digital commerce from January 2023 to March 2024.

According to Trade Secretary Alfredo Pascual on Saturday, the training was meant to integrate MSMEs into digital technologies.

Article continues after this advertisement

READ: PH gov’t’s recognition of MSMEs essential to their growth – Concepcion

FEATURED STORIES

“By empowering MSMEs with digital tools and fostering a culture of innovation, we unlock the full potential and drive inclusive economic growth for all Filipinos,” Pascual said.

“In this regard, the DTI has onboarded over 300,000 MSMEs nationwide in e-commerce platforms from January 2023 to March 2024,” he noted.

Article continues after this advertisement

“These onboarding efforts include training in social media platforms, such as Instagram, Viber and Tiktok, as well as e-marketplaces such as Shopee, Lazada, Amazon, among others,” he pointed out.

Article continues after this advertisement

Pascual made the remarks at the DTI’s 2024 National MSME Summit.

Article continues after this advertisement

The official also urged owners of enterprises to also produce intermediate goods, which can be resold or distributed in larger companies.

“We also would like to encourage MSMEs not to limit themselves to producing consumer goods. We want them to produce intermediate products that can be integrated into the supply chains of larger companies,” he continued.

Article continues after this advertisement

READ: DTI commits to support MSMEs, protect IP rights

Data from the DTI said that as of 2022, there were more than 1.1 million MSMEs in the country.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

“By empowering MSMEs, we unlock the full potential of a thriving, inclusive and sustainable Philippine economy,” Pascual concluded.

TAGS: Digital commerce, DTI

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.