State think tank Philippine Institute for Development Studies (PIDS) said both national and local governments should adopt smart solutions and invest in emerging technologies to deal with risks such as climate change, natural hazards, and the Covid-19 pandemic.
Sen. Joel Villanueva has lamented the decision of the Department of Budget and Management (DBM) to reject the request of NEDA to allocate P300 million for the Innovation Fund.
Analyst firm ABI Research said it believes that the pandemic will alert enterprises to the importance of disruption-proofing their businesses using 5G and forecasts an Asia Pacific 5G digital factory market worth over $60 billion by 2030.