This is a pivotal time for Philippine brands who are seeking to transition or lead in e-commerce. Regardless of size and scale, they face a tremendous opportunity to reach new markets for significant growth at this point in time: the Philippines is the fastest-growing e-commerce market in Southeast Asia and the value of its digital…
E-commerce exploded amid the pandemic, not only because quarantine restrictions confined people to their homes but also because it enabled enterprising Filipinos earn extra income. The thriving sector, however, cannot happen without the support from the logistics sector. One of the new players on the block is Locad, a startup logistics firm that promises to…
The COVID-19 pandemic still has the Philippines and other parts of Southeast Asia firmly in its grip. But even then, enterprises in the region have begun preparing themselves for postcrisis growth. According to SAP’s regional study “Digital, resilient, and experience-driven: How enterprises in Southeast Asia can prepare for the new economy”, Southeast Asian firms are…
Most business leaders in Southeast Asia expect their enterprises to return to prepandemic profitability levels by 2022 and most are in the thick of business and technology transformation program to sharpen their strategic focus. This was according to the 23rd edition of EY Global Confidence Barometer, a regular survey of senior executives from large companies…