We are creating some awesome events for you. Kindly bear with us.

Leveraging Digital Economy in the Philippines Amid Covid-19

Everything is changing in the digital age: the nature of markets and products, how to produce, how to deliver and pay, the scale of capital required to operate globally, and human capital requirements. It also increases productivity by exposing companies to new ideas, technologies, management, and business models, as well as opening new channels of market access. And all of this at a reasonable price. It is not an exaggeration to predict that businesses will increasingly rely on artificial intelligence for routine tasks as well as more complex tasks.

Notwithstanding, for digital technologies to have an impact on economic development, appropriate policies must be in place to remove the barriers that prevent emerging economies from fully participating in the digital economy and maximising the benefits while minimising the risks.

Participants in the webinar titled “Accelerate Digital Economy for Inclusive Integration in the Asia Pacific – Connecting Digital Industries in Pandemic” called for leveraging digital opportunities to build an inclusive ecosystem and promoting regional integration, which is particularly important while still combating the pandemic.

A digital economy is increasingly seen as a means of overcoming the disruptions caused by COVID-19. Representatives and thought leaders from Asia Pacific’s governmental, industrial, and academic sectors took part in a virtual conversation hosted by Asia’s multinational technology company to discuss the many facets of the digital economy, including market, technology, inclusiveness, and sustainability.

The digital economy, which is based on digital knowledge and infrastructure, has powered a growing proportion of regional GDP and increased resilience in the face of the pandemic. ASEAN anticipates that the digital economy will contribute one trillion US dollars to regional GDP by the end of the year.

To facilitate the implementation of the digital economy, countries in the region have released future-oriented roadmaps on removing trade barriers, improving digital coverage, and ensuring ubiquitous access to digital services.

However according to the Vice President, as part of the ecosystem, the multinational technology company is committed to enabling ASEAN’s Digital Masterplan 2025 in three key areas: ICT connectivity, talent empowerment, and ecosystem incubation. The region’s digital economy is addressing inclusive access to digital services, a landscape that facilitates start-up scale-up, and a circular, sustainable economy.

Manila University agreed with the openly accessible approach to upskilling the public with digital knowledge. “The education system must put in context the foundational elements of digitalisation. Whether it’s in the basic education level or in the Middle Ages or those who are working already, trying to learn and upgrade themselves. We have to invest in them and give our rural areas an opportunity to catch up by at least providing them with the basic skills to get through the technology highway,” he said.

Conveying the business perspective, the COO & Managing Director of Corporate Foresight, and consulting company in the Philippines said “Micro, small, medium enterprises need to have an understanding on digitalisation to perceive the opportunities when it comes to exploring the digital side of the business. Challenges are faced by these enterprises but also the large organisations. It’s related to the coverage and speed of digital infrastructure. This is where telecom players and our local players can play an important role.”

New technologies such as 5G, the Internet of Things, and the Cloud hold great promise for improving de-carbonisation and the circular economy in a sustainable digital economic ecosystem. The multinational technology company has increased its investment in sustainable green solutions in the Philippines, leveraging clean power generation, electric transportation, and smart energy storage.

Addressing digital divides is critical if countries are to reap and distribute the benefits of digital transformation. However, asymmetric distribution of first and second-order benefits within and between countries can increase income inequality, posing additional challenges to the implementation of the aforementioned policies and the promotion of income convergence.

Ultimately, as several economic development experiences indicate, this strategy is likely to be more successful if the government, business and workers pool their resources and collaborate on policy design and implementation.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend