26 May 2017 – Next to remittances, IT and IT-enabled services are the largest contributors to the Philippine economy at US$ 22 billion. This is according to Undersecretary Monchito B. Ibrahim of the Department of Information and Communications Technology (DICT) during the Philippines Connect Seminar held last 24 May at the sidelines of CommunicAsia 2017.
Due to the huge potential of the IT industry in the Philippine economy, the Philippines was selected as the Country-in-Focus by CommunicAsia and, in coordination with DICT, hosted the jampacked Philippines Connect Seminar to highlight upcoming ICT opportunities and developments in the country.
CommunicAsia, which was held on 23-25 May 2017 at the Marina Bay Sands, is considered the premier sourcing and knowledge ICT platform in Asia that brings together a comprehensive display of cutting-edge technologies that will enable businesses to stay updated and ready to tackle future consumer demands.
DICT Undersecretary Ibrahim headed the Philippine delegation that was also comprised of nine (9) Philippine private companies, namely, ThinkBIT Solutions, Alliance Software Inc., FAME, Exist Software Labs, Red Core Solutions Inc., Advanced World Solutions Inc., Sutherland, Xurpas Enterprise, and PLDT Enterprise.
“The continued positive economic performance of the Philippines has renewed the sense of vigor among industries, with emphasis on ensuring ease of doing business and allowing for efficient delivery of government services backed by technological innovations. It is with this commitment that the Duterte administration has directed DICT to develop the National Broadband Plan (NBP), which will serve as a blueprint to accelerate the deployment of fiber optic cables and wireless technologies, and improve the internet speed in the country,” Philippine Ambassador to Singapore Antonio A. Morales said in his welcome remarks.
While Undersecretary Ibrahim discussed the Philippine government’s ICT initiatives to gear up as a digital nation, Commercial Counsellor Glenn G. Penaranda gave a briefing on doing business in the Philippines.
This was followed by presentations by private sector representatives, Mr. Jonathan de Luzuriaga, President of the Philippine Software Industry Association, on the Philippine IT-BPM Industry Roadmap 2022, and Mr. James L. Melon, Country Manager of PLDT Singapore, on Redefining Global Enterprise Connectivity and ICT Outsourcing.
During the open forum, a lot of the queries from the audience focused on the process of exploring and establishing an ICT presence in the Philippine market, as well as tapping the large pool of Filipino IT talent.