Despite the growing digital economy in the Philippines, the adoption rate of e-commerce among firms is low, a study published by state think tank Philippine Institute for Development Studies (PIDS) revealed. The study, authored by PIDS Senior Research Fellow Francis Mark Quimba and Research Analyst Sylwyn Calizo, found that only 1 in every 7 firms in the country adopted e-commerce in 2015.
Furthermore, based on 2013 and 2015 data from the Survey of Information and Communications Technology, only 15 percent of firms have made purchases or sales through the internet. While majority of these firms are stock corporations, the study noted an “increase in the number of government corporations that are engaged in e-commerce,” adding that “2 in every 100 e-commerce firms are government corporations.”
From 2013 to 2015, the “average proportion of firms utilizing e-commerce in the country has remained virtually unchanged, which implies that the industries are unable to keep pace with the use of available technology in their business operations,” according to the authors.