News Formal

DTI nominee Pascual to focus on digitalization, tech investment - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

INCOMING Trade Secretary Alfredo E. Pascual said his focus will be to promote the economy’s digital transformation, adding that he expects to redirect the effort to attract FDI towards technology industries, particularly data centers.

INCOMING Trade Secretary Alfredo E. Pascual said his focus will be to promote the economy’s

“Government agencies like DTI that do both regulation and development work will be more efficient and effective ,” he added. “Most of those… are actually in frontline businesses like restaurants, tourism, entertainment. We’ll see whether a recovery package is in order. I have to look closely at the situation before deciding on this. But there are tools that we can use… It’s a matter of matching the need with the right instrument,” Mr. Pascual said.

Ceferino S. Rodolfo, Trade Undersecretary and Board of Investments managing head, said that the SIPP will help the economic recovery continue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SEC flags Multi Fortune Stake’s investment scheme - BusinessWorld OnlineThe Securities and Exchange Commission (SEC) has warned the public about Multi Fortune Stake for soliciting investments without registration and for operating a “Ponzi-like” investment scheme. READ:
Source: bworldph - 🏆 9. / 68 Read more »

PHL sees investment opportunities as world turns greener - BusinessWorld OnlineThe Philippines is counting on the world’s shift to green technology and the pandemic-induced demand for data centers to boost investments in its mining industry, a top official said. READ:
Source: bworldph - 🏆 9. / 68 Read more »