Monday, July 13, 2020

Sen. Gatchalian: Boost ICT Competitiveness To Help Spur PH Digital Economy

MOST READ

As the coronavirus 2019 (COVID-19) pandemic forced many countries to rethink their business models and adapt to the digital economy, Senator Win Gatchalian sees the urgency of passing into law key economic reforms that will attract more Information and Communication Technology (ICT) investments.

The Vice Chairman of the Senate Committee on Economic Affairs stresses the need for affordable, reliable and widely available internet services in the country as more Filipinos now rely on digital platforms for work, school, and other day-to-day activities amid the pandemic. Companies have since adopted a work-from-home scheme while schools have been working on implementing blended learning as a precautionary measure against COVID-19.

Gatchalian points out that the Philippines still lags behind its Southeast Asian peers in terms of internet connectivity due to lack of infrastructure. Citing the June 2020 World Bank Report, Gatchalian says 72% of Filipinos can access the country’s 4G/LTE mobile broadband network coverage, lower than the ASEAN regional average of 88%. Only 4% of Filipinos are subscribed to fixed broadband services, much lower than the regional average of 10%.

The same report also cites that the Philippines’ 3G/4G mobile average download speed of 7 Mbps is considerably lower than the ASEAN regional average of 13 Mbps. In terms of fixed broadband average download speed, the Philippines can download 26 Mbps versus the ASEAN average download speed of 59 Mbps.

Despite having lower download speed, Filipinos pay higher price, making the country the fourth highest cost next to Singapore, Brunei, and Malaysia. Meanwhile, the cost of a fixed broadband plan in the Philippines is close to the cost of similar plans in Singapore and Thailand, the countries which have the fastest speeds in the region.

If the Philippines want to expand and benefit more from the digital economy, Gatchalian stresses the need to address several bottlenecks in the ICT sector such as the lack of ICT infrastructure and weak competition, among others.

“It is now time for the government to really assess on how it plans to grow the country’s digital economy. The country’s problem right now is we have unreliable and expensive internet services because there’s not enough competition in the ICT space and there’s not enough infrastructure to cater to the growing demand of digital economy,” Gatchalian said.

For this reason, Gatchalian sees the urgency to pass into law key economic reforms that will attract more investments in the country, such as the Foreign Investments Act (FIA) which is now up for interpellation at the Senate. The FIA, for example, will lower barriers and help open up key sectors, like telecommunications, to many investors. At present, Globe Telecoms and PLDT/Smart are the dominant players in the country while the third telco company, Dito Telecommunity Corporation, has yet to roll out its operation.

Gatchalian said the government should invest in the digitalization of public administration and public service functions.

“Our receptiveness to these changes may very well determine whether we can live up to our true economic potential or remain in the doldrums compared to our next-door neighbors,” he said.

- Advertisement -
- Advertisement -

Latest News

Sec. Nograles: MGCQ Possible For Metro Manila With Proactive Local Lockdowns

A shift of Metro Manila to the least restrictive modified general community quarantine (MGCQ) is possible on July 16 as long as localized lockdowns are imposed immediately.

Usec. Vega: DOH Cites Davao City’s Isolation Of COVID-19 Patients

The Department of Health (DOH) has acknowledged Davao City government’s move to assign only one hospital to cater to patients suspected of and infected with the COVID-19 as one of its best practice.

Mayor Abby: Ospital Ng Makati To Start Virtual Health Services Monday

Makati residents can now avail of virtual health care services from medical doctors of the Ospital ng Makati (OsMak)!

Sen. Gatchalian Urges LGUs: Conduct Blended Learning Dry Run Before Classes Open

"Kung hindi matututo ang ating mga mag-aaral, mag-aaksaya lamang tayo ng panahon at masasayang ang buwis na ginagasta natin upang mabigyan ng magandang kinabukasan ang ating mga mag-aaaral."

Spox. Roque: SC To Decide If ABS-CBN Franchise Can Be Regained

Malacañang said it would defer to the Supreme Court to decide if the network’s franchise can be regained through the proposed "people’s initiative."

Mayor Vico Launches Interest-Free Loan For Economic Recovery

The Pasig City government has officially launched its Tulong at Pampuhunang Ayuda sa Taga-Pasig (TAPAT) program which will offer loans to job seekers, entrepreneurs and businesses starters in the city.

Sec. Nograles: Gov’t Discourages Home-Based Quarantine

“We are now discouraging yung tinatawag na mag home quarantine. Dapat facility quarantine na e."

Mayor Sara: Davao City, Private Sector Join Forces Vs. COVID-19

Davao City and the private sector have initiated complementary initiatives to mitigate the impact of the COVID-19 on the local economy while preventing the deadly disease from infecting more residents.

Sec. Año: Motorcycle Back-Riding For Couples Allowed Starting July 10

Back-riding in motorcycles will only be allowed for couples.

SC: Pres. Duterte Public Meetings Prove Ability To Perform Duties

Supreme Court believes PRRD's regular public appearances show that he is actively performing his official duties amid the COVID-19 pandemic.