Subsectors of the creative industry such as animation, gaming, and software development, generated $16.448 million or 73 percent of the total exports of IT-related services in 2018.
The DTI is pushing a P300-million budget for the implementation next year of a new law providing incentives to registered startup companies, as it hopes to release its IRR within this month.
The Department of Trade and Industry (DTI) has set the wheels in motion for the crafting of the country’s artificial intelligence (AI) sector roadmap to position the Philippines as an AI powerhouse in the Asean region.
DTI secretary Ramon M. Lopez said that if the Philippines wants to achieve its goal of barging into top 40% of the rankings, it needs to implement more electronic systems in the government.
The Central Business Portal, which will be fully operational by February 14 next year, covers business transactions under the SEC, but is envisioned to also cover the DTI and even the BIR.
