President Ferdinand "Bongbong" Marcos Jr. launched the Bagong Pilipinas Marketplace, a digital platform designed to connect micro, small, and medium enterprises (MSMEs) with local and foreign wholesale buyers.
The platform aims to empower MSMEs by increasing the visibility and recognition of their products in a wider market.
President Marcos Jr. highlighted that the marketplace will serve as a robust business-to-business e-commerce platform showcasing Filipino products and services.
He emphasized that the initiative leverages digital technology to expand markets, enhance supply chains, and improve the efficiency of goods and services delivery.
Marcos Jr. has directed the Department of Trade and Industry (DTI) to implement a sustainable framework for the platform's long-term functionality and support for MSMEs.
The President also stressed the importance of collaboration to equip local businesses with the necessary knowledge and resources to navigate the digital landscape.
Furthermore, a commitment was made to ensure the protection of entrepreneurs and consumers through secure cashless payment systems.
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