Aquino encouraged the Department of Trade and Industry (DTI) and the Department of Science and Technology -ICT to craft an e-Commerce Roadmap that will help concerned stakeholders, especially in terms of Internet speed and access.
“The rate of Internet access has increased about 10 to 15 percent since 2010 as a whole. The more we increase our Internet usage and Internet penetration, we are looking at a space where we can generate employment,” the senator said.
Aquino also urged the Bureau of Internal Revenue and DTI to relax their registration rules and provide incentives to encourage online-based workers to get into the formal economy.
“Let’s not cast fear among the online freelancers, if we can get them into a nurturing environment, we can actually help their businesses grow. Once they grow, they will provide employment, provide for their families and it will go back to the economy anyway,” he said.
“Let’s review the Barangay Micro Business Enterprise Law or BMBE Law –which exempts a business owner from paying income tax as long as its assets are not higher than P3 million, and see how it can be applied to online freelancers.”