No. of :

No. of Shares:

Currently viewed by: Marcus Rosit

PBBM: PH must digitalize to be competitive

MANILA -- President Ferdinand R. Marcos Jr. urged relevant government agencies and the private sector to help improve connectivity in the country to make it competitive in this digital age.

“So I think – and that’s why we will have to compete, and we will have to cooperate with our neighbors in the region. And to do that, we must be, at the very least, at the same level of digitalization as they are. Right now, we are not quite there but let us work hard at it,” President Marcos said in his remarks during the Telco Summit in Pasay City.

“That’s why I encourage the relevant government agencies [and] our private sector partners to ensure that these efforts will be implemented, they will be strengthened, and translated into a more efficient delivery of government services,” the chief executive said.

According to the President, the Central Bank has already achieved its goal ahead of schedule of digitalizing 50 percent of its payments and has been working to achieve full digitalization.

The Philippines, he said, has to improve its connectivity rate, which is still pretty low at below 70 percent.

“That’s not good enough, especially for an archipelagic country such as ours where connectivity is exceedingly important because we have many isolated communities who need some form of contact, some form of communication with the rest of the country, with the rest of the world,” President Marcos said.

For that reason, it’s the government’s priority to find new technologies over the internet, whether it’s fiber optic cable, Starlink, or satellite, Marcos noted.

“Whatever the system is appropriate, we need to explore it, and we need to apply it,” he said.

Although the Philippines is not the worst in Southeast Asia and Asia-Pacific in terms of connectivity, it must digitalize to be competitive.

“When that time comes, we will have to compete with our neighbor countries because the region is still going to be… in my estimation, in my view, this region is still going be the driver of the global economy,’” the President said.

During his participation in the Association of Southeast Asian Nations (ASEAN) Summit and the APEC Leaders’ Meeting, the President underscored the importance of digitalization to develop micro, small and medium enterprises (MSMEs). (PND)

About the Author

Kate Shiene Austria

Information Officer III

Information Officer III under the Creative and Production Services Division of the Philippine Information Agency. 

Feedback / Comment

Get in touch