11.8M Internet users in the Philippines in '04, says IDC, inq7.net, 30 Mar 2005

“This is expected to grow to 20 million by 2007, Philippines Research Manager Manuel Ravago told members of the Philippine Internet Commerce Society. "We're quite confident [about] our numbers," he added…Ravago also said that business-to-business (B2B) and business- to-consumer (B2C) business in the Philippines grew into a 3.35 billion-dollar industry in 2004, with B2B comprising 70-80 percent of that total.�

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