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Upgrade R&D, boost PH competitiveness


Published May 20, 2021, 12:12 AM
One fundamental factor in the sustained growth of a country is having a strong and purposive research and development (R&D) program.   R&D plays an essential role in society’s advancement. It provides science-based knowledge for the development of new products, solutions and services. While it requires substantial investments and tremendous patience, the rewards are substantial. Unfortunately, R&D in the Philippines is relegated to the back burner in terms of government funding.
It is lamentable that the Philippines is among the “lowest spenders” for R&D.  In 2017, the government set an initial funding of R21 billion for a program called Science for Change.  It was estimated then that if R&D spending was doubled every year, the Philippines could have reached one percent of GDP, the amount prescribed by the UNESCO as the minimum investment for a country to be competitive. ....

Republic Of , Program For International Student Assessment , Department Of Science , National Economic , Cluster Development Program , Development Authority , National Innovation Council , International Student Assessment , Republic Act , Philippine Innovation , Investment Priorities Plan , குடியரசு ஆஃப் , ப்ரோக்ர்யாம் க்கு சர்வதேச மாணவர் மதிப்பீடு , துறை ஆஃப் அறிவியல் , தேசிய பொருளாதார , கொத்து வளர்ச்சி ப்ரோக்ர்யாம் , வளர்ச்சி அதிகாரம் , தேசிய கண்டுபிடிப்பு சபை , சர்வதேச மாணவர் மதிப்பீடு , குடியரசு நாடகம் , பிலிப்பைன் கண்டுபிடிப்பு , முதலீடு ப்ரையாரிடீஸ் திட்டம் ,

DTI, PEZA push for lifting of ban on new BPOs in MM – Manila Bulletin


Published May 3, 2021, 5:00 PM
The Department of Trade and Industry (DTI) has strongly batted for the lifting of locational investment restrictions, including business process outsourcing (BPO) operations in Metro Manila, to create more jobs, especially in the country’s capital.
Trade and Industry Secretary Ramon M. Lopez said during the TGER-NERS Job Summit on Labor Day, May 1, that DTI and the Board of Investments (BOI) support the recommendations of the business sector to the review of the Investment Priorities Plan (IPP) and to remove the geographical qualifications in availing subsidies, incentives, and programs, among others.
Trade and Industry Secretary Ramon M. Lopez (Bloomberg file photo) ....

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