At this year’s Inclusive Innovation Conference of the Department of Trade and Industry’s (DTI) Competitiveness and Innovation Group held at Batangas State University, Globe Business reaffirmed its support for the digital adoption of higher educational institutions and MSMEs.
“Globe Business h
Socioeconomic Planning Secretary Karl Kendrick Chua (File photo) MANILA Innovation is needed in the most basic sectors to attain the country's 2040 vision of eradicating extreme poverty and becoming a high-income country, the National Economic and Development Authority (NEDA) said. "The country's economic performance has exceeded expectations in 2021. We expect to recover to the pre-pandemic level in early 2022. However, as this pandemic has shown, we cannot simply return to business as usual. Except for some city-states, no country has achieved high-income status without first addressing agricultural productivity," Socioeconomic Planning Secretary Karl Kendrick Chua said on Wednesday during the Inclusive Innovation Conference 2021 organized by the Department of Trade and Industry. Chua cited the case of the Rice Tariffication Law, which succeeded in bringing down rice prices for all Filipino consumers while increasing the productivity and income of rice farmers thr
DTI Secretary Ramon Lopez MANILA - Department of Trade and Industry (DTI) Secretary Ramon Lopez has announced that the National Competitiveness Council (NCC) is adding a new pillar in the Cities and Municipalities Competitiveness Index (CMCI) for next year. Lopez said the Council has introduced the innovation pillar this year and will be included as the fifth pillar in the scoring and ranking for next year's CMCI. "Now more than ever, we realize the importance of innovation. They have played a crucial role in keeping societies functional in times of quarantines or lockdowns. The same technologies would be needed as we restart the economy and prepare for the post-crisis future," he said Tuesday. CMCI is an annual ranking of cities and municipalities in the country that tracks the competitiveness of local government units, gauging their economic dynamism, government efficiency, infrastructure, and resiliency. "We emphasize the importance of the innovation pillar as LGU