The most important challenges that the convention will address in order to move our country’s technological development forward:
FINANCIAL INEQUALITYThe number of unbanked Filipino adults stood at 51.2 million in 2019, or 71% of total adult population.
UNDERDEVELOPED SMART CITIESManila had the worst ranking among eight cities in Southeast Asia and 34 cities in in the
Global Smart City Index 2020
PH LAGS BEHIND NEIGHBORS IN DXThe Philippines ranked 59th out of 79 countries in the 2020 Global Connectivity Index (GCI) report by Huawei Technologies.
UNDERSERVED OVERSEAS FILIPINO MARKETUntapped potential for digital banking for overseas Filipinos; unexplored prosperity journey
for global Pinoys.
FOREIGN-DOMINATED E-COMMERCEForeign brands are better at utilizing the tools of e-commerce, leaving many local brands behind.
UNCLEAR MOBILITY FUTUREMajority of businesses reopening would have an estimated 400,000+ workers fighting for space on public transports.
ENERGY TRANSITION CHALLENGESSustainable energy technologies to make up two-thirds of total power generation by 2040. Is the PH prepared?
CYBERINSECURITY AND VULNERABILITYPH ranked 6th globally as a
target of web threats in 2020.
THREAT TO HIGHER EDUCATIONStudent learning is at risk of further disruption and even discontinuity, with over 400 private schools on the verge
of closing down.
LIMITED CONNECTIVITYDigital adoption in the Philippines is still underdeveloped. Internet connectivity – the foundation of the digital economy – is limited in many rural areas, and/or relatively expensive and of weak quality.
UNDERUTILIZATION OF GAMINGBecause of the rise of the mobile phones and computers, the youth has been engaged in various platforms for gaming and esports. However, this is socially still not widely acceptable as an industry for growth.
PINOYS UNDER-INSUREDFilipinos still have the notion that insurance is not a necessity especially now in these special times.
Movements from the Digital Pilipinas Ecosystem
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Resolving these challenges will make our businesses more competitive, our economic recovery faster, our workforce upskilled, and our future as a nation more prosperous.