Philippines needs to boost digital economy – NEDA

Digital infrastructure remains a major issue that needs focus if the Philippines wants to ride on the digital revolution, an economic planning official said.

National Economic and Development Authority Undersecretary Rosemarie Edillon said there is still a lot to do particularly in terms of infrastructure related to internet availability, affordability, quality and reliance.

Data showed 64% of barangays in the Philippines do not have telecommunication power, 88% do not have any free WiFi zones, and 70% do not have fiber optic cable installed. All these affect connectivity and worsen the digital divide.

She added, “Since last year, we are able to see massive improvements in streamlining regulations related to construction of cell sites and fiber optics and we hope this will remain even after the crisis.”

She underscored the need for increasing technology adoption, more accessible digital payments, and heightened data security in the digital economy.

Source: https://www.philstar.com/business/2021/05/27/2101023/more-players-policy-changes-boost-digital-economy

Leave a comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.