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The Philippine Internet Commerce Society (PICS) is an advocacy group which promotes electronic commerce in the Philippines. It was founded in September 1997 by Janette Toral. [1] It successfully lobbied for the passage of the Y2K Law, which made industries prepare for the year 2000 and guard themselves from "Y2K Bug" which was expected to ...
The Cybercrime Prevention Act of 2012, officially recorded as Republic Act No. 10175, is a law in the Philippines that was approved by President Benigno Aquino III on September 12, 2012. It aims to address legal issues concerning online interactions and the Internet in the Philippines. Among the cybercrime offenses included in the bill are ...
Along with the Anti-Cybercrime Bill (now RA 10175), The first draft of the law started in 2001 under the Legal and Regulatory Committee of the former Information Technology and eCommerce Council (ITECC) which is the forerunner of the Commission on Information and Communication Technology (CICT). It was headed by former Secretary Virgilio "Ver ...
E-commerce (electronic commerce) is the activity of electronically buying or selling products on online services or over the Internet.E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.
Janette Toral is a Filipino practicing e-commerce, social media, and Internet marketing specialist. She is also a facilitator, blogger, lobbyist, business and social entrepreneur, educator, researcher, writer, ambassador, community leader, and business leader. She has been dubbed as the "mother of e-commerce law in the Philippines". [ 1][ 2][ 3]
Paperless trade. Paperless trade refers to "trade taking place on the basis of electronic communications, including exchange of trade-related data and documents in electronic form" [1] in the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific, adopted at United Nations Economic and Social Commission for ...
E-commerce or electric commerce in Southeast Asia is the buying and selling of products and services over the internet in the countries of Southeast Asia. These practices reached Southeast Asia during the dot-com mania in the 1990s. After the dot-com bust, local e-companies have seen promising growth in this sector.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
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