infrastructures. Soon, the platform says around 77.81% of the country’s population will have internet access in 2028.
“The Philippines is already – I think, in five or six successive surveys, global surveys – first in terms of use of internet. The world average is only around six hours . In the Philippines, we have more than 10 hours exposure.” On the other hand, a recent Inquirer report says 77% of Filipinos prefer using the Internet for social media. Consequently, Telenor Asia, an international telecommunications company, said Filipinos are the “most virtually social.”Telenor Asia said, “All generations expect to increase time spent on social media in the next two years.” However, most Filipinos aren’t using it productively.
“There are many scams in digital payments, but these are small cases which we need to really regulate and protect. But overall, digital payments make our MSMEs more global, more competitive.”