00:00DTI has increased its support for digitalization of logistics in the country.
00:06This is to make the operation of businesses in the country faster and more efficient.
00:12JV Santiago of IBC-13 has news for the country.
00:18The DTI, or Department of Trade and Industry,
00:21has supported the digitalization of logistics in the Philippines
00:24to make the operation of businesses in the country faster and more efficient.
00:29According to the DTI,
00:30the joining of Fintech and Logistics Technology will greatly help
00:34to strengthen the economy of the country.
00:37The purpose of this step is to make the process of supply chain seamless
00:42from order to delivery.
00:44In today's digital age, logistics has evolved beyond simply moving goods.
00:51It's about moving value, data, and trust across borders and industries.
00:58With the help of digital payment systems, online booking, and real-time tracking,
01:03the process of logistics will be faster.
01:05Earnings will come in faster and salaries will be more efficient.
01:10There will be less hassle on physical cash that is at risk of theft or human error.
01:14With the addition of DTI, it will also open opportunities
01:19for local businesses to expand their market.
01:22Through digital platforms,
01:25cross-border transactions will be easier
01:28to help Filipino entrepreneurs to join the global market.
01:33We all share a common goal to reduce logistics costs
01:38and establish the Philippines as a leading logistics hub in Asia.
01:43DTI continues to coordinate with Fintech and Logistics companies
01:48to help digitalization in this sector.
01:51From IBC 13,
01:53JB Santiago for Balitang Pambansa.
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