‘More investment needed to improve digital infrastructure’

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THE government needs to invest more money to improve the country’s digital infrastructure to attract more internet service providers and improve internet speed and lower the cost of internet connectivity, a global research firm said.

BMI Research, a unit of the Fitch Group that provides industry and financial market analysis, said in a recent report that while the Philippines is investing in improving its digital infrastructure, at its current rate, it may only provide marginal upsides to its outlook.

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