Solomon Islands will now have its own e-commerce online platform with the launching of Bulkshop’s e-commerce service.
The official launching of the Bulkshop's e-commerce service is part of the larger Digital Marketplace project, a COVID-19 initiative by the United Nations Capital Development Fund (UNCDF) and the United Nations Development programme (UNDP) and funded by the Australian Government.
The Bulkshop online platform is set up to make it easier for customers to do their shopping and also ensure that essential goods and supplies are delivered to individuals in the event of a COVID-19 lockdown.
The development of this initiative will help to broaden the promoting and enhancing of digital channels for easy and wider access of the greater population to finance under the Solomon Islands National Financial Inclusion Strategy 3 coordinated by the Central Bank of Solomon Islands.
CBSI Governor Dr Luke Forau presented during his remarks at the launching of the Bulkshop online platform today at Heritage Park Hotel says:
"I am optimistic that Bulk-Shop’s digital marketplace (e-commerce) will induce innovation in the business sector which will complement the thriving resilience of our economy in the COVID-19 pandemic and future global emergencies.
“In addition, the value chain behind e-commerce platforms provides economic opportunities which provide jobs, something that I hope our youth entrepreneurs will explore and venture in.”
The launching of Bulkshop’s e-commerce platform is part of the Government’s efforts to develop the National Digital Economy Strategy 2021-2025 (NDES) – the roadmap for Solomon Islands in the next 5 years towards a digital economy.
“Such initiatives align to the NDES and will be a demonstration venture that will encourage the development of e-commerce activities in Solomon Islands," Dr Forau said.