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Neda: Legislative franchise lifting may fuel AI growth

Business Mirror LogoBusiness Mirror14h ago

Neda: Legislative franchise lifting may fuel AI growth - Business Mirror

Quick Summary:

ARTIFICIAL intelligence could be the game-changer for the Philippines, but only if lawmakers could clear the roadblocks slowing down its adoption, according to the government’s socioeconomic planning body.

The Philippines has a mobile connection rate of 121.8 percent relative to its population, with 98.2 percent of these connections running on 3G, 4G, or 5G, according to global research firm Kepios.

To support AI adoption, the agency also called for a modernized and streamlined regulatory framework that would simplify processes, promote competition, and provide clearer rules for investment.


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Article Details

Author / Journalist: Bless Aubrey Ogerio

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 17:31:40 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 493 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 36 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 25964716

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 42 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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The story "Neda: Legislative franchise lifting may fuel AI growth" was covered 14 hours ago by Business Mirror, a news publisher based in Philippines.

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Business Mirror is a fully independent (privately-owned) news outlet established in 2005 that covers mostly business and startups news.

The outlet is headquartered in Philippines and publishes an average of 42 news stories per day.

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  • URL: https://beamstart.com/news/neda-legislative-franchise-lifting-may-17389510674

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