Using traditional data with new data sources such as big data can improve the quality of data for planning and policymaking, a report from the Philippine Institute for Development Studies (PIDS) said.
The study from the Philippine Institute for Development Studies (PIDS) noted that the Philippines is the only country in the Asia-Pacific Economic Cooperation region that requires interested companies to secure a legislative franchise before applying for a certificate to operate as a telecom firm.
The study also noted that the demand for IT-BPM-related onsite jobs remains low in rural areas and local talents had to move to another province to find jobs.
With traditional agricultural methods falling short, investing in new technologies is key to transforming the country’s livestock, poultry, and dairy (LPD) industries.
Pursuing the country’s digital trade integration will positively impact its emerging digital services trade, according to a recent study published by state think tank Philippine Institute for Development Studies (PIDS).
While online work offers economic opportunities for Filipinos, a study from state think tank Philippine Institute for Development Studies (PIDS) said the government needs to ensure “decent work” for workers, especially with its diverse nature.
DOST-PCIEERD director Enrico Paringit said that while each city is unique in terms of its needs and goals for smart city development, their technologies should still have a common ground.
Jovelyn Hao, Bangko Sentral ng Pilipinas (BSP)’s FinTech Innovation and Policy Research Group acting head, said the central bank is open to leveraging the gains brought about by fintech innovations amid the pandemic.
Aside from venture capital, Plentina co-founder and CEO Kevin Gabayan said government grants that do not add red tape would also contribute to a startup’s progress.
A recent study of the Philippine Institute for Development Studies (PIDS) said among the industry’s weaknesses include issues arising from access points, the distrust from using technologies, poor connectivity, and the high cost of Internet in the country.
