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PHL digital economy in focus at BusinessWorld forum

PHL digital economy in focus at BusinessWorld forum BusinessWorld 5/9/2021 © Provided by BusinessWorld FERNANDO ZOBEL DE AYALA, president and chief executive officer of Ayala Corp., will be the keynote speaker at the BusinessWorld Virtual Economic Forum on May 26. COMPANY HANDOUT © Provided by BusinessWorld FERNANDO ZOBEL DE AYALA, president and chief executive officer of Ayala Corp., will be the keynote speaker at the BusinessWorld Virtual Economic Forum on May 26. COMPANY HANDOUT TOP BUSINESS LEADERS, government officials and experts will come together at this month’s BusinessWorld Virtual Economic Forum to discuss how the pandemic has accelerated digital transformation and what steps are needed to support the Philippines’ full transition into a “digital economy.”

GCash helps digitally transform PHL economy through partnerships with public sector, communities

GCash helps digitally transform PHL economy through partnerships with public sector, communities
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Reinforcing connections among the Filipino people

BusinessWorld April 23, 2021 | 8:05 am By Bjorn Biel M. Beltran Though far from a complete panacea to the country’s troubles during the COVID-19 crisis, digital technology and connectivity have been instrumental in minimizing the pandemic’s impact. In fact, the rapid adoption of digital technologies was recommended by the World Bank to help the Philippines overcome the impact of the COVID-19 pandemic, recover from the crisis, and achieve its vision of becoming a middle-class society free of poverty.   A joint report released by the World Bank and the National Economic and Development Authority (NEDA) in October last year, titled “A Better Normal Under COVID-19: Digitalizing the Philippine Economy Now,” found that the use of digital technologies such as digital payments, e-commerce, telemedicine, and online education, has risen in the country, softening the pandemic’s blow to individuals, businesses, and the government.

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