| Electronic commerce consists generally of the | | | | for websites with sufficient bandwidth. |
| distributing, buying, selling, marketing, and servicing of a | | | | Limited availability to credit cards and a developing a |
| products or services over electronic systems such as | | | | nationwide credit card system. |
| in the Internet and other computer networks. | | | | Undersized transportation infrastructure resulting in |
| The information technology industry may use it as an | | | | slow and uncertain delivery of goods and services. |
| electronic business application aimed at commercial | | | | Having network security problems and insufficient |
| transactions. It can involve with electronic funds | | | | security safeguards. |
| transfer, supply chain management, e-marketing, online | | | | Lack of skilled human resources and lack of key |
| marketing, online transaction processing, electronic data | | | | technologies. |
| interchange, automated inventory management | | | | There are some content of restriction on national |
| systems, and automated data collection systems. It is | | | | security and other public policy grounds, which are |
| a typically uses electronic communications technology | | | | greatly affect business in the field of information |
| such as bye the use of Internet, extranets, e-mail, | | | | services, such as the media and entertainment sectors. |
| e-books, databases, catalogues and mobile phones. | | | | Cross-border issues in a country, such as the |
| In the age of global economy, e-commerce and | | | | recognition of transactions under laws of other |
| e-business have increasingly become a necessary | | | | ASEAN member-countries, certification services, |
| component of business strategy and a strong catalyst | | | | improvement of delivery methods and customs |
| for economic development. The Combination of | | | | facilitations. |
| information and communications technology in business | | | | The relatively low cost of labor, which is implies that a |
| has revolutionized relationships within organizations and | | | | shift to a comparatively capital intensive solution is not |
| those between and among organizations and | | | | apparent. |
| individuals. Exclusively, the use of ICT in business has | | | | It is recognized that in this Information Age, Internet |
| improved productivity, encouraged greater customer | | | | commerce is being a powerful tool in the economic |
| participation, and enabled mass customization, besides | | | | growth of developing countries. While there are some |
| reducing costs. | | | | indications of e-commerce patronage among large |
| On the other hand, developing countries are set | | | | firms in developing countries, there seems to be little |
| increased access to the global marketplace, where | | | | and negligible use of the Internet for commerce among |
| they compete with and complement the more | | | | small and medium sized firms. E-commerce promises |
| developed economies. Most of all, developing countries | | | | to do a better business for SMEs and sustainable |
| are already participating in e-commerce, either as | | | | economic development for developing countries. |
| sellers or buyers. Conversely, to facilitate e-commerce | | | | Though, this is premised on strong political will and good |
| growth in these countries, the relatively | | | | governance, as well as on a responsible and |
| underdeveloped information infrastructure must be | | | | supportive private sector within an effective policy |
| improved. Among the areas for policy involvement are: | | | | framework. This is a primary seeks to provide policy |
| Higher cost of internet access, including connection | | | | guidelines toward this end. |
| service fees, communication fees, and hosting charges | | | | |