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Powering Vaccinations with Tech to Spur Philippine Economy

According to new data released by the United Nations Development Programme (UNDP), the World Health Organisation (WHO), and the University of Oxford, COVID-19 vaccine inequity will have a long-term and profound impact on socioeconomic recovery in low- and lower-middle-income countries unless urgent action is taken to increase supply and ensure equitable access for all countries, including through dose sharing.

Despite lower growth projections for the next two years, Asean+3 Macroeconomic Research Office (AMRO) economists in the Philippines said what is important is that the government has increased its vaccination programme against Covid-19. Whereas the Governor of the Bangko Sentral ng Pilipinas (BSP) stated that an increase in the number of people vaccinated against coronavirus will address the country’s pandemic-related unemployment.

Increased vaccination drive would help the country gradually win the war vs. the unseen enemy, which is Covid-19. Full vaccination sharply reduces the risk of Covid-19 infections, severe cases or hospitalisation, and deaths, thereby reducing the burden on the health care system and correspondingly reduces the risk of lockdowns, going forward.

– Commercial Banking Corporation 

“I think it’s very important but to me, the key here really is our vaccine turnout and we have been doing very well now,” he said during a virtual event. The country’s unemployment rate rose to 8.1% in August, up from 6.9% in July. Economic managers predicted the increase due to the implementation of stricter quarantine restrictions following the increase in Covid-19 cases caused by the Delta variant. However, they reported that labour force participation increased to 63.6% in August from 59.8% the previous month as more people rejoined the labour force.

The chief economist of Commercial Banking Corporation (RCBC) noted that the continued vaccination drive and reopening of the economy bode well for the country’s economic recovery prospects in the coming quarters or even years, albeit gradually, given the need to reduce new COVID-19 cases amid risks associated with the unvaccinated.

“The country’s economy could return to pre-COVID levels as early as the latter part of 2022 or by 2023, but the recovery of other businesses/industries, especially those hard-hit by the pandemic last year, would take much longer,” he added.

In addition, the Department of Information and Communications Technology (DICT) recently launched the National Digital Vaccine Certificate to unify all LGU-issued vaccination cards across the country (VaxCertPH). VaxCertPH is a component of the DICT’s Vaccine Information Management System (VIMS), and its ultimate goal is to enable the National COVID-19 Vaccination Operations Centre to vaccinate as many people as possible in the shortest amount of time.

The system is claimed to be reliant on data given by the LGUs to the central VIMS data warehousing for the purposes of generating a digital certificate. All data is safeguarded by the relevant encryptions and can be validated by authorised agencies, groups or countries cryptographically.

OpenGov Asia reported in an article stating that the government is also intensifying the Prevent, Detect, Isolate, Treat, and Recover (PDITR) strategy during the lockdown periods to facilitate the reopening of the economy. To strengthen the ‘detect’ and ‘isolate’ pillars, NEDA, the Department of Health (DOH), and other local government units (LGUs), with the help of data scientists from the Asian Institute of Management, are working on a solution to automatically determine likely close contacts of COVID-19 positive cases and immediately notify these people via text message.

Speaking at the recent Philippine OpenGov Leadership Forum, Denis F. Villorente, Undersecretary for the National Information & Communications Technology Assets Index, Department of Information and Communications Technology (DICT), spoke about the potential of a robust national ID system that could facilitate multiple types of transactions necessary for digital ecosystems and societies, saving people, government and businesses time and money and unlock new drivers of economic value and growth.

PARTNER

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.

PARTNER

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.

PARTNER

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.

SUPPORTING ORGANISATION

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.

PARTNER

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. 

PARTNER

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.

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