{"id":6617,"date":"2022-10-07T09:00:00","date_gmt":"2022-10-07T01:00:00","guid":{"rendered":"https:\/\/blog.ninjavan.co\/en-ph\/?p=6617"},"modified":"2022-12-15T16:21:55","modified_gmt":"2022-12-15T08:21:55","slug":"business-brief-oct-07-2022","status":"publish","type":"post","link":"https:\/\/blog.ninjavan.co\/en-ph\/business-brief-oct-07-2022\/","title":{"rendered":"Business Brief: Ecommerce Sellers Exceed DTI 2022 Forecast"},"content":{"rendered":"\n

Welcome back to our weekly roundup of important business and ecommerce news. We hope you’ll find them helpful to your hustle, ka-Ninjas!<\/em><\/p>\n\n\n\n

DTI estimates ecommerce sellers at 2 million, exceeding forecasts<\/h2>\n\n\n\n

THE Department of Trade and Industry (DTI) said that the number of entities doing business as online sellers has risen to 2 million, far larger than the department\u2019s projections.<\/p>\n\n\n\n

\u201cAs of our estimate for 2022, we are at 2 million ecommerce participants. We had a roadmap in 2021 with an estimate of 750,000 by 2022 but we now see based on our data that we reached 2 million,\u201d DTI Assistant Secretary Ann Claire C. Cabochan<\/strong> told PTV on Tuesday.<\/p>\n\n\n\n

Full story on Business World Online<\/a><\/p>\n\n\n\n

Ninja Van wants to hike investment in innovation<\/h2>\n\n\n\n

NINJA VAN Philippines is keen on increasing its investment in innovation so it can serve more Filipino micro, small, and medium enterprises (MSMEs), according to an official of the company.<\/p>\n\n\n

\n
\"Ninja
Ninja Van’s giant automated sorting belt in Cabuyao, Laguna<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

Ninja Van COO Jose Alvin Perez<\/strong> told the BusinessMirror that the company recognizes the need to invest more in technology and engineering amid the boom in electronic commerce.<\/p>\n\n\n\n

The group recently announced a $50-million investment in automation technology and systems in key regional parcel sorting hubs, which include the Cabuyao hub in Laguna<\/a>.<\/p>\n\n\n\n

Get the full details on Business Mirror<\/a><\/p>\n\n\n\n

Ecommerce boon sustains growth amid Covid recovery<\/h2>\n\n\n\n

While the lingering health crisis is said to be nearing its end after more than two years, the Philippines remains one of the most bullish markets in Asia, Middle East, and Africa (AMEA) region on the continued e-commerce surge, with both small and medium enterprises (SMEs), as well as consumers predicting future growth and positive about new innovations.<\/p>\n\n\n\n

Asia Pacific (AsPac), where the country belongs, will see e-commerce sales revenue to reach $2.09 trillion this year as 57 percent of the region\u2019s population shops online, data from Morgan Stanley showed.<\/p>\n\n\n\n

Read more on Business Mirror<\/a><\/p>\n\n\n\n

Clark to become SEA\u2019s logistics hub<\/h2>\n\n\n\n

THE 2,367-hectare civil aviation complex inside the Clark Freeport Zone is viable to become a globally competitive logistics center in Southeast Asia, Clark International Airport Corporation Officer-in-Charge Darwin Cunanan<\/strong> has announced.\u00a0<\/p>\n\n\n

\n
\"Clark
Clark International Airport<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

For this reason, the aviation complex, which is home to the new Clark International Airport, must be primed to be a cargo, service, and logistics hub<\/a> for multinational companies to complement the use of the airport.<\/p>\n\n\n\n

Read more on the Manila Bulletin<\/a><\/p>\n\n\n\n

Anti-red tape measures to address supply chain, logistics issues<\/h2>\n\n\n\n

The Anti-Red Tape Authority (ARTA) said that all the agency\u2019s efforts are in furtherance of the directive of President Ferdinand \u201cBongbong\u201d Marcos Jr. to improve the services in the Logistics sector.<\/p>\n\n\n\n

ARTA Undersecretary and Officer-in-Charge Ernesto Perez said this after Marcos revealed that he received complaints from agricultural product transporters and freight forwarders on the policies and checkpoints imposed by local government units (LGUs).<\/p>\n\n\n\n

Full story on the Manila Bulletin<\/a><\/p>\n\n\n\n

Philippines to join food, beverage expo in Malaysia<\/h2>\n\n\n\n

THE Philippines is set to participate in a food and beverage (F&B) expo in Malaysia as part of efforts to boost its exports of coffee, cacao and coconut products.<\/p>\n\n\n

\n
\"Selangor<\/figure>\n<\/div>\n\n\n

In a statement yesterday, the Department of Trade and Industry (DTI) said 16 Philippine manufacturers of coconut, coffee, and cacao products would participate in the 8th Selangor International Expo<\/a> \u2013 F&B from Oct. 6 to 9 in Kuala Lumpur, Malaysia.<\/p>\n\n\n\n

More on PhilStar.com<\/a><\/p>\n\n\n\n

Business Insights & ECommerce Tips<\/strong>
The Ninja Van Blog<\/strong><\/a> provides business insights, industry trends, Marketing and Branding tips, and weekly curated news related to business and ecommerce. Our blog is here to help ecommerce businesses, MSMEs and DTC (direct-to-customer) companies grow their business and reach their brand goals.<\/p>

Subscribe to our Ninja Van blog newsletter by registering below (scroll to the bottom of this page to sign up!). For comments and inquiries, send us an email at ph-commercial-content@ninjavan.c<\/a><\/strong>o<\/strong>.<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Philippine online sellers has risen to 2 million as of 2022, exceeding DTI’s initial projection. Plus other business news roundup from the last week.<\/p>\n","protected":false},"author":5,"featured_media":6643,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"Ecommerce Sellers Exceeds DTI 2022 Forecast","_seopress_titles_desc":"Philippine online sellers has risen to 2 million as of 2022 data, exceeding DTI's initial projection of 750,000.","_seopress_robots_index":"","footnotes":""},"categories":[61],"tags":[647,649,646,645,648],"class_list":["post-6617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-business-briefs","tag-clark-freeport-zone","tag-ecommerce-sellers-philippines","tag-ninja-van-cabuyao-hub","tag-ninja-van-giant-belt-sorter","tag-selangor-international-fb-expo-2022"],"_links":{"self":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/6617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/comments?post=6617"}],"version-history":[{"count":17,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/6617\/revisions"}],"predecessor-version":[{"id":6652,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/posts\/6617\/revisions\/6652"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/media\/6643"}],"wp:attachment":[{"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/media?parent=6617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/categories?post=6617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ninjavan.co\/en-ph\/wp-json\/wp\/v2\/tags?post=6617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}