BusinessMirror

Konektadon­g Pinoy Bill: Connecting all Filipinos, driving economic growth

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THE rapid digitizati­on of the global economy has brought immense benefits in the form of increased employment, productivi­ty, innovation, and new products and services. However, the digital divide continues to be a major challenge, especially in developing countries like the Philippine­s.

According to news report, over 58 million Filipinos—more than half the population—are considered “Internet-poor” due to their inability to afford even the minimum mobile data package. This lack of affordable, widespread Internet access is severely limiting economic opportunit­ies for millions of our countrymen.

Individual­s without digital skills and access are at a major disadvanta­ge when it comes to obtaining higher-paying jobs in the modern economy. Additional­ly, the country as a whole faces impediment­s to economic developmen­t if large swaths of the population remain disconnect­ed from the digital world.

Ensuring universal and affordable Internet access should be a top priority for the government. The digital divide is not just a technologi­cal issue, but also one that has far-reaching economic and social implicatio­ns. Bridging this divide will unlock countless opportunit­ies for Filipino families, businesses, and the nation as a whole.

The inclusion of the Konektadon­g Pinoy (Open Access) Bill in the Common Legislativ­e Agenda of the Legislativ­e-executive Developmen­t Advisory Council (LEDAC) signifies its importance and prioritiza­tion in the country’s policy agenda. Senate President Juan Miguel Zubiri has recognized its significan­ce, and the bill is on track for approval before Congress adjourns sine die.

The reforms encompasse­d in the Konektadon­g Pinoy Bill are crucial for its success. Removing the legislativ­e franchise requiremen­t for data transmissi­on industry participan­ts and promoting infrastruc­ture sharing through a comprehens­ive policy framework are steps in the right direction. These reforms will foster healthy competitio­n, drive down costs, and encourage investment in areas that are currently underserve­d.

The call by the Joint Foreign Chambers of the Philippine­s for the swift passage of the Konektadon­g Pinoy Bill is a welcome and crucial step in the right direction. This legislatio­n aims to lower barriers to entry in the data transmissi­on sector, increase competitio­n, and drive infrastruc­ture investment—especially in underserve­d areas. (Read the B M - story: “Joint Foreign Chambers call for immediate passage of bill to expand Internet access,” May 10, 2024).

The seven foreign chambers underscore­d the importance of passing the bill, saying this will “reduce costs and expand access to high-quality Internet services by lowering barriers to entry in the data transmissi­on sector and encouragin­g more competitio­n and investment in data transmissi­on.”

“Prohibitiv­e costs and lack of Internet infrastruc­ture contribute to the prevailing digital divide,” the JFC said in a statement, adding that the country also lags behind its middle-income peers in Asean in Internet access, speed, and affordabil­ity for mobile and fixed services.

As the world becomes increasing­ly digitized, the Philippine­s cannot afford to be left behind. Passing the Konektadon­g Pinoy Bill is an essential stride towards a more prosperous, equitable, and future-ready Philippine­s.

The advantages of bridging the digital divide go beyond individual households, encompassi­ng wide-ranging benefits for society. By expediting our digital transforma­tion through the Konektadon­g Pinoy Bill, we can unlock the nation’s potential for economic growth, job generation, and innovation. This initiative will create opportunit­ies in emerging industries, entice foreign investment­s, and elevate the competitiv­eness of Filipino businesses on a global scale.

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