Thursday, February 2, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News National

Gov’t has to invest in more public growth areas–NEDA

Manila StandardbyManila Standard
February 7, 2021, 10:00 pm
in National
Reading Time: 2 mins read
A A
Share on FacebookShare on TwitterShare on Email

The National Economic Development Authority said that more public investments are needed in four priority growth areas to stimulate economic recovery.

In a statement during a recent Presidential Communications Operations Office virtual presser, NEDA Undersecretary Rosemarie Edillon said that solutions for digitalization will support business and learning continuity in the midst of the long lockdown.

Edillon said the recovery cluster under the national task force against COVID-19 identified digital transformation, health systems, food resilience, and learning continuity as key investment areas that would help in economic recovery.

“We want the private sector to have more investments in these areas,” she said.

Edillon pointed out that the government will identify investments to support these sectors.

ADVERTISEMENT

According to Globe Telecom President Ernest Cu, P70 Billion in capital expenditures are allocated this year to build 2,000 new sites and faster fiber roll-out to address home connectivity for  the largely underserved market. The telco will deploy high speed 4G LTE and 5G technologies to improve internet services.

Smart Communications on the other hand, is prepared to invest up to P98 billion capex in 2021 focusing on expanding their fiber footprint and wireless coverage to meet the fast-growing demand of broadband services.

In reaction, Consumer advocacy group CitizenWatch Philippines urged the government to ramp-up public investments in digital transformation and telecommunications infrastructure as a priority growth area for economic recovery.

CitizenWatch Philippines Lead Convenor Orlando Oxales, in a released statement said, “Aggressive investments already being done by the private telecommunications companies to expand and improve internet service will accelerate rapidly if government steps in to build a nationwide broadband backbone that will integrate with tower and fiber networks of private telcos.”

“Having robust and reliable broadband services is now a daily utility that every consumer must have access for livelihood activities and is an empowering tool for businesses to prosper and create much needed jobs,” said Oxales.

“Hence, it makes sense for government to allocate enough funding to at least operationalize the existing fiber network in the NGCP’s power transmission infrastructure and link-up with existing networks of private telcos,” Oxales said.

On the other hand, National Telecommunication Commissioner Gamaliel Cordoba said that to be competitive, the government will have to start spending on ICT infrastructure including the implementation of the long-delayed National Broadband Plan.

According to the November 2020 report of TowerXchange, Thailand has 52,483 and Vietnam has 90,000 which is over 5 times more than the 17,850 cell towers of the Philippines.

Vietnam’s has 756 users per tower and Thailand 991. The Philippines has 4,090 users per tower reflecting high congestion

Tags: CitizenWatch PhilippinesErnest CuGamaliel CordobaNational Economic Development Authority
ADVERTISEMENT
Manila Standard

Manila Standard

Related Posts

NCR mayors approve single ticketing system

byJoel E. Zurbano
February 1, 2023, 11:50 pm
0
8
NCR mayors approve single ticketing system

The local government units (LGUs) of Metro Manila have given the green light for the implementation of a single ticketing...

Read more

Lawyers seek thorough probe on slay attempt vs. IBP Abra prexy

byRey E. Requejo
February 1, 2023, 11:40 pm
0
8
Legal professionals join forces to push for clean elections

The Integrated Bar of the Philippines (IBP) has called for a thorough investigation on the reported assassination attempt against the...

Read more

DFA: Negotiations underway to bring home eight Pinoys held in Myanmar

byManila Standard
February 1, 2023, 11:30 pm
0
8
PH, Korea ink deal for Pinoy workers

The Philippine government is exploring all avenues to to bring home as soon as possible eight Filipinos currently held in...

Read more

IPOPHL set to tackle counterfeiting in Greenhills market

byOthel V. Campos
February 1, 2023, 11:20 pm
0
8
Ortigas to allot P50b for Greenhills project

The Intellectual Property Office of the Philippines (IPOPHL) has proposed a work plan to tackle long standing counterfeit activities in...

Read more

Tax relief eyed for special kids’ parents

byMaricel Cruz
February 1, 2023, 11:15 pm
0
8
QC expands free testing program for COVID-19

A party-list lawmaker on Wednesday filed a bill seeking to give tax deductions to parents or guardians of children or...

Read more

BOC-Limay surpasses ’22 tax target by 48%

byButch Gunio
February 1, 2023, 11:10 pm
0
8
QC expands free testing program for COVID-19

The Bureau of Customs (BOC) at the port of Limay, Bataan has chalked up a record collection of P78 billion...

Read more

Print Edition

View More

Recent Posts

  • Concepcion supports PBBM decision not to extend state of public health emergency
  • realme offers exciting deals on 2.2 Shopee, Lazada Sale
  • Acer Chromebook Vero debuts for education market
  • Power your lifestyle with HONOR X9a 5G thru Home Credit
  • Converge ends 2022 at top of Netflix’s Speed Index
  • Fortinet expands services, training offerings to support SOC Teams in cyber threat prevention, defense
  • Tatum leads Celtic rout of Nets, Sixers bounce back
  • Quest Plus Clark is all set for Valentine’s!

Advertisement

Latest News

Fortinet expands services, training offerings to support SOC Teams in cyber threat prevention, defense

byMST Tech
February 2, 2023, 1:01 pm
0
8
Fortinet expands services, training offerings to support SOC Teams in cyber threat prevention, defense

Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced new security operations center (SOC)...

Read more

Tatum leads Celtic rout of Nets, Sixers bounce back

byAFP
February 2, 2023, 12:00 pm
0
8
Tatum leads Celtic rout of Nets, Sixers bounce back

Jayson Tatum scored 31 points as the Boston Celtics put the depleted Brooklyn Nets firmly in their place with a...

Read more

Quest Plus Clark is all set for Valentine’s!

byManila Standard Digital
February 2, 2023, 11:56 am
0
8
Quest Plus Clark is all set for Valentine’s!

Let’s celebrate love this whole month of February at Quest Plus Conference Center, Clark. From romantic dining experiences to a...

Read more

US, S. Korea hold air drills as N. Korea warns of ‘all-out showdown’

byAFP
February 2, 2023, 11:00 am
0
8
US, S. Korea hold air drills as N. Korea warns of ‘all-out showdown’

South Korea said Thursday it had staged joint air drills with the United States featuring strategic bombers and stealth fighters,...

Read more

Tears and anger as US police beating victim Tyre Nichols laid to rest

byAFP
February 2, 2023, 10:00 am
0
8
Tears and anger as US police beating victim Tyre Nichols laid to rest

Civil rights leaders, family and friends came together in a Memphis church Wednesday to bid farewell to Tyre Nichols, the...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App