Filipinos in South Korea
Showing posts with label Technology. Show all posts
Showing posts with label Technology. Show all posts

To Rise $14 Billion USD "Pollution Free" Hi-tech City of New Clark, Philippines' 95 Km Sq size

Hi-tech City of New Clark, Philippines
New Clark's developers, BCDA Group and Surbana Jurong, plan to start construction in 2022. - BCDA Group

The Philippines is planning a $14 billion 'pollution-free' city that will be larger than Manhattan

Manila, the hyper-dense capital of The Philippines, is known for its traffic jams. In a 2016 survey, navigation company Waze ranked Manila as having the "worst traffic on Earth."

The city's reliance on cars also exacerbates its growing air-pollution problem.

As a possible solution to Manila's smog and gridlock, the country plans to build an entirely new, more sustainable city called New Clark.

Plans for the $14 billion development — which will be larger than Manhattan — call for drones, driverless cars, technologies that will reduce buildings' water and energy usage, a giant sports complex, and plenty of green space.

Hi-tech City of New Clark, Philippines
A rendering of New Clark, a planned city for the Philippines. BCDA Group

Hi-tech City of New Clark, Philippines
BCDA Group Source: CNBC

Over the next three decades, the Philippines aims to build out New Clark about 75 miles outside Manila.

According to the development's plan, the city will eventually stretch 36 square miles — a land area larger than Manhattan — and house up to 2 million people.

BCDA Group Source: The Inquirer

New Clark will be divided into five districts, each with a specific function: government, business, education, agriculture, and recreation.

Pollution Free
BCDA Group

While New Clark's exact design is not fleshed out, developers say the urban plan will prioritize environmental sustainability and climate resilience.

Pollution Free
BCDA Group

With a minimum elevation of 184 feet above sea level, the city will likely not see much flooding.

Hi-tech City of New Clark, Philippines
BCDA Group

To reduce carbon emissions, two-thirds of New Clark will be reserved for farmland, parks, and other green space.

Pollution Free
BCDA Group - Source: Reuters

The buildings will incorporate technologies that reduce energy and water usage.

Pollution Free
BCDA Group 

Driverless cars, running on electric energy rather than CO2-emitting gas, will roam the streets.

Hi-tech City of New Clark, Philippines
BCDA Group 

Additionally, the city will feature a giant sports stadium and an agro-industrial park.

Pollution Free
BCDA Group 

New Clark's developers, BCDA Group and Surbana Jurong, plan to start construction in 2022.

Pollution Free
BCDA Group 

A new railway line could reduce the travel time between the two cities in half.

In late May, BCDA started the bidding process for companies to design, build, finance, operate, and maintain power and water systems in New Clark City.

Pollution Free
BCDA Group 

The Philippines also struggles with economic development, and building an eco-city from scratch will come with a hefty price tag.

Pollution Free
BCDA Group 

According to Wong, public-private partnerships will help finance the project.

Pollution Free
BCDA Group 

In recent years, countries around the world — especially China — have unveiled plans for pie-in-the-sky urban developments.

Pollution Free
BCDA Group 

Building cities from scratch rarely solve existing problems, but designing them can help urban planners imagine what's possible.

Pollution Free

The fate of this project is still in the hand of the Duterte Administration as Budget is always required, though this project is feasible but priorities are also queuing.

Smartphone boom driving jump in digital payments in the Philippines

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A motorist pays toll at the North Luzon Expressway with a PayMaya-issued card. PayMaya offers a smartphone app that allows users to create a "virtual" credit card, without needing a bank account.PHOTO: PAYMAYA


In the Philippines, cash is still king.

Just one in 10 Filipinos transact online via their bank accounts, although half the nation's population of 102 million are already using the internet.

Out of 2.5 billion bank payments worth US$74 billion (S$105 billion) each month, only 1 per cent, or about US$740 million, are electronic and most payments involve small amounts. This equates to roughly US$60 a month for the 11 million people who make online payments via their bank accounts. The vast majority of bank transactions, by value, are still by cash or cheque.

"It's more 'cashlite' than 'cashless' in the Philippines," said Ms Nick Wilwayco, head of communications at e-commerce firm PayMaya.

A boom in mobile phone use, though, could soon change things.

The Philippines is the fastest-growing smartphone market in South-east Asia. There are currently 40 million Filipinos with smartphones and that number is forecast to hit 90 million by 2021.

"Filipinos are more adept at mobile. It is easier for them to discover and to use it," said Ms Wilwayco.

Using Apple, Android and Facebook apps, as well as "digital wallets", mobile phone users can open credit and debit accounts that they can use to transact online, without needing a bank account or even an internet access; just the SIM card.

Voyager Innovations, a unit of telco Smart Communications, currently has over 11 million customers using its smartphone apps to pay for internet and in-store purchases, transfer money, and even secure loans. They declined to give exact growth figures, only saying they were in the "triple-digits".

For Ms Geraldine Rodriguez, 47, a freelance writer, going cashless has meant convenience and peace of mind, even though only a fraction of her daily transactions are online.

She pays about 1,650 pesos (S$46) worth of phone and internet bills each month online via her bank account, and uses a prepaid card when taking the MRT. Most of her bills she still has to pay at a centralised payment centre, though.

With less cash on her, there is less anxiety that she may get mugged or her wallet snatched.

"Is it convenient? Very," said Ms Rodriguez.

Banks have long been a hurdle to greater take-up of online payments. Only three in five Filipinos have bank accounts and among these are the 11 million who pay their bills, order takeout and buy plane tickets, gadgets, clothes, and fashion accessories online, using their ATM, credit and debit cards.

Many still worry about security and privacy.

In a report released in July last year (2016), internet security firm Trend Micro said the Philippines is the third most affected country when it comes to online banking fraud.

Which is why smartphone apps have proved so appealing because it frees up people from having to use bank accounts to make payments or indeed even having a bank account. by rdancel@sph.com.sg StraitsTimes

Duterte Approved ₱200 Billion National Broadband for “Faster Internet Philippines”

₱200 Billion National Broadband for “Fast Internet Philippines
President Duterte Approved the ₱200 Billion National Broadband for “Fast Internet Philippines”. illustration photo: Techblade.ph 

Cabinet secretary: Duterte approves national broadband program


President Rodrigo Duterte gave the go signal for a national broadband program, Agriculture Secretary Manny Piñol announced.

The approval came during latest Cabinet meeting, after Information and Communications Technology Secretary Rodolfo Salalima gave his presentation.

"President Rody Duterte has approved the establishment of a National Government Portal and a National Broadband Plan during the 13th Cabinet Meeting in Malacañang today," Piñol shared on Facebook during the meeting.

Average Internet Speed of the Philippines slightly rise from 1.4Mbps in Q1 2013 to 3.5Mbps in Q1 2016
Average Internet Speed of the Philippines slightly rise from 1.4Mbps in Q1 2013 to 3.5Mbps in Q1 2016. Illustration Photo: Inquirer.net

Piñol quoted Duterte as saying he would like DICT "to develop a national broadband plan to accelerate the deployment of fiber optics cables and wireless technologies to improve internet speed."

Salalima promised last year that 2017 would mark faster Internet for social media-loving Filipinos.

In November, DICT proposed setting up a national broadband network that would primarily cater to rural areas. The project, which could cost as much as P200 billion, was estimated to take three years to complete.

Gov't wants to build ₱200-B national broadband network

It is still unclear if this is the exact plan that Duterte approved.

The Philippines marked one of the lowest Internet speeds in a State of the Internet Report released last year by U.S.-based content delivery network Akamai Technologies Inc.

Top 12 World's fastest Internet, South Korea rank no. 1. Top 12 World's fastest Internet, South Korea rank no. 1. Illustration Photo: businessinsider.com

In the third quarter of 2016, it had an average connection speed of 4.2 Mbps, ranking at 103rd globally. South Korea, which was recorded to have the fastest Internet speed worldwide, averaged 26.3 Mbps. - CNN

SMART CONDOM Counts How Many Rounds, Measure your Sizes, Performance and Detects HIV AIDS

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iOS/ANDROID Smart condom with built-in nanochips that detects HIV AIDS, meaure your sex performance, sizes and sex positions. Check your iPhone and Android phones to know your overall performance. 

A UK based company has designed the “world’s first smart condom” — which uses nano-chip technology to measure performance and detect STIs.

The i.Con Smart Condom, which markets itself as the "world's first smart condom," is actually a ring that fits over a boring, dumb condom and claims to track the exercise of your man bits, as well as detect chlamydia and syphilis.

In short, the i.Con ring promises to answer every burning question you've ever had about your sex session. Don't worry, it will pair with an app for all your data visualization needs.

Rulers and tape measures are obsolete ti answer what is mmy size? According to the preorder page, the ring will answer questions such as:


  1. What's my thrust velocity?
  2. How fast are my thrusts?
  3. How many calories did that sesh just burn?
  4. How many times did I just have sex?
  5. What's the average skin temperature of my... eggplant?
  6. What's my girth/size? 
  7. How many different positions did I just conquer?


How much is the Smart Condom?

The most advanced and first in the world Smart condom is not that expensive than your first thought because it could have only the same cost as the Nokia 3310 (2017) version and even more cheaper than buying a second hand smart phone where the app that monitors your performance would be installed. Smart condom would be soon available in the Philippines that you could buy at your favorite condom shops, 24/7 stores or at your favorite pharmacies.

For advance order and want to try, send us an email and we will give you update how to buy and where to by in the Philippines (email address: info @ pesoreserve.com )

The ring, first announced last July, is currently available for preorder on British Condoms for £59.99 (about $70 USD or ₱ 3,500.00 Philippine Pesos) with an unknown release date. But you can't actually put a ring on it yet -- the company says it won't take your money until the product has a firm release.

Plus, it aims to answer that age-old question: How do I stack up at sex to everyone else around the world? Because sure, let's gamify sex. What could go wrong?

The i.Con is described as a wearable, Micro-USB charged condom ring that can provide six to eight hours of “live” usage.The device uses a nano-chip and sensors to catalog numerous variables during sex — including penis girth, the “average velocity” and total number of thrusts per session.

The ring, which will come with a one-year warranty, will have a Micro-USB charging port to provide six to eight hours of "live" usage (not clear if this means thrust usage or something else). It will work with a combination of "nano-chip and sensors," and pair with your device via Bluetooth. (I thought it would charge kinetically, but maybe that's just a pipe dream.)

With zero pictures of the self-styled "future of wearable technology in the bedroom" on the site, it's hard to say just how all this technology will fit into a tiny ring. The company did not immediately respond to a request for comment. British Condoms does say the i.Con will be available in one size with a "band adjustment feature."

Boasting that you are the best in bed? Smart Condom shows the evidence

It will also log other info pertaining to one’s health, such as calories burned and average skin temperature. British Condoms also claims that the i.Con can work as an STI indicator, thanks to it’s “antibodies” filter” — which alerts the user when proteins or antigens, typically found in STIs, are detected.

Each device is made from synthetic rubber and contains a waterproof carbon fiber unit, which holds the nano-chip and sensors, Mashable reports.

They will be made in one size, with a “band adjustment feature,” the company says.

Once the user is done doing the deed, the data from their session is loaded onto their phone — either through the i.Con app or micro USB port.

“All data will be kept anonymous but users will have the option to share their recent data with friends, or, indeed the world,” British Condoms says. “You will be able to anonymously access stats that you can compare with i.Con users worldwide.”

Worried about privacy, the data kind? British Condoms says "all data will be kept anonymous, but users will have the option to share their recent data with friends, or, indeed the world."

Forget dick pics. Now we have to worry about dick status updates.

So, are you curious of your friend's and favorite actor's performance and sizes? stop asking.. just follow their account and ask them to share it!

China - Philippines Bridging for the 5G Wireless Internet Preparation 2020

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Philippine Telco's are in the preparation for 5G wireless mobile internet for 2020

What is 5G Mobile Internet?


5th generation mobile networks or 5th generation wireless systems, abbreviated 5G, are the proposed next telecommunications standards beyond the current 4G/IMT-Advanced standards.

Rather than faster peak Internet connection speeds, 5G planning aims at higher capacity than current 4G, allowing higher number of mobile broadband users per area unit, and allowing consumption of higher or unlimited data quantities in gigabyte per month and user.

This would make it feasible for a large portion of the population to stream high-definition media many hours per day with their mobile devices, when out of reach of Wi-Fi hotspots.
5G research and development also aims at improved support of Device-to-device communication, aiming at lower cost, lower latency than 4G equipment and lower battery consumption, for better implementation of the Internet of things.
There is currently no standard for 5G deployments.

The Next Generation Mobile Networks Alliance defines the following requirements that a 5G standard should fulfill:
  1. Data rates of tens of megabits per second for tens of thousands of users
  2. Data rates of 100 megabits per second for metropolitan areas
  3. 1 Gb per second simultaneously to many workers on the same office floor
  4. Several hundreds of thousands of simultaneous connections for massive wireless sensor network
  5. Spectral efficiency significantly enhanced compared to 4G
  6. Coverage improved
  7. Signaling efficiency enhanced
  8. 1-10 ms latency (limited by speed of light)
  9. Latency reduced significantly compared to LTE

The Next Generation Mobile Networks Alliance feels that 5G should be rolled out by 2020 to meet business and consumer demands. In addition to providing simply faster speeds, they predict that 5G networks also will need to meet new use cases, such as the Internet of Things (internet connected devices) as well as broadcast-like services and lifeline communication in times of natural disaster.

Carriers, chipmakers, OEMS and OSATs, such as Advanced Semiconductor Engineering (ASE), have been preparing for this next-generation (5G) wireless standard, as mobile systems and base stations will require new and faster application processors, basebands and RF devices.

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China’s Huawei, Philippine Telco join forces in 5G deal


Chinese electronics giant Huawei is joining forces with the Philippines' largest telco in the hopes of rolling out a 5G wireless network in the Asian archipelago by 2020, the Filipino company said.

Filipinos are among the world's most active Internet users, but the country also has one of the slowest average connection speeds.

Smartphone usage is also steadily growing with about 33 million people owning devices according to researchers.

Philippine Long Distance and Telephone Co (PLDT) and Huawei agreed last month to conduct joint research and development into fifth-generation broadband wireless technology for the Philippines.

"They are one of the companies that are leading in the research and development of 5G technology," PLDT spokesman Ramon Isberto said about the Chinese firm, adding it is already involved in PLDT's landline and mobile phone services.

Chinese telecoms behemoth Huawei is the world's number three smartphone maker, operating in 170 countries.

The company has laid out an ambitious agenda for the US and global markets – hoping to become the top producer of smartphones in the next five years despite controversy over its ties to Beijing.



Ren Zhengfei, a former People's Liberation Army (PLA) engineer, founded the company in 1987 but his PLA service has led to concerns of close links with the Chinese military and government, which Huawei has consistently denied.

The US and Australia have previously barred Huawei from involvement in broadband projects over espionage fears.

Relations between Manila and Beijing have been rocky amid conflicting claims over the South China Sea and China's militarisation of the resource-rich waterway.

But under Philippine President Rodrigo Duterte, who won May elections in a landslide, there has been a warming of bilateral ties as Duterte steers Manila away from the US – its long-time defence treaty partner.

Isberto said controversy over Huawei's links with the Chinese government was not a concern, stressing that foreign companies only provide technology.

"At the end of the day, we run our networks," he said. — AFP

German Technology unveiled new "inkless" printing instant digital camera

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Print your photo instantly without using any ink! Its German technology image: Polaroid

Polaroid Snap: their new “inkless” instant digital camera

Berlin – Polaroid announced at the IFA 2015 in Berlin, Germany, its new Snap instant digital camera. The pocket-size device delivers the simplicity and instantaneity by which the brand is known for and it is available at a very reasonable price. But was is most appealing about the $99 digital camera is that it uses ink-free Zero Ink Printing technology developed by ZINK.

The Polaroid Snap contains a 10MP digital instant camera with an incorporated printer that uses ZINK Zero Ink Printing technology. Its 2.8 lens is a fixed focal length, meaning there is no zoom. It doesn’t have a screen, but instead has a pop-up optical viewfinder on top. Additionally to having a photo booth mode, which takes six pictures in 10 seconds with or without the classic Polaroid photo border, users will also be able to set a 10-second timer.

Moreover, consumers can instantly print full 2×3-inch images automatically when the picture is taken. Due to its fast printing abilities, users will be able to shoot new images while the device is printing.

The new addition to the Polaroid family also features a MicroSD up to a 32GB capacity to save images for later uploading them to a computer, cloud service or share in any social media.

Design

The Polaroid Snap minimalist design features a look that incorporates classic elements of the Polaroid legacy, such as the iconic Polaroid Color Spectrum. The resulting design involved the efforts from Ammunition, a design firm that was also behind the creation of the Polaroid Zip, Polaroid Cube and Polaroid Cube+.

Furthermore, the digital camera will be available in black, white and vintage Polaroid.

The Polaroid Snap instant digital camera uses the groundbreaking ink-free Zero Ink Printing technology developed by ZINK. The essential element of the revolutionary technology is the patented ZINK Paper, which is an advance material embedded with cyan, yellow and magenta dye crystals including a securing polymer overcoat.

Before printing, the dye crystals are colorless so the ZINK Paper looks like a regular photo paper. But when printing, the device uses heat to activate and colorize the crystals, resulting in a full colored picture. Additionally, the ZINK Paper is adhesive backed so the photo can be used as a sticker. - Polaroid / Pulse Headlines

New Apple battery so powerful that your phone could last weeks

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'Fuel cell': The new tech could end the misery of short battery life for millions - image: mirror.co.uk

Apple patent envisions fuel cell battery that could power a smartphone for weeks

Quick, what's your No. 1 qualm about smartphones? Chances are, you said "battery life." Most smartphones today, even high-end ones, barely last a day of heavy use.

Apple is looking to fix that problem with a new patent, filed in March and published Sept. 3, that describes a "fuel cell system for a portable computing device."

The patent envisions a system consisting of a fuel cell, which converts fuel to electrical power, an interface to the portable computing device (e.g. smartphone) and a controller that monitors the state of the fuel cell and controls it.

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An image from an Apple patent filing, describing a fuel cell system for powering portable computing devices - image: Freepatentsonline

As far as patent applications go, this one seems pretty broad; for example, it mentions many possible fuel sources, ranging from lithium hydride and water mix to liquid hydrogen.

The patent posits that a hydrogen fuel cell could "enable continued operation of portable electronic devices for days or even weeks without refueling" (wouldn't that be dreamy), but also immediately mentions that it's "extremely challenging" to design portable, cost-effective hydrogen fuel cell systems.

As always, a patent filing does not mean we'll soon (or ever) see a product using the technology. A duo of very similar patents, also filed by Apple, were published in 2011, and they definitely haven't resulted in any real world products yet. At least the new filing shows Apple is still interested in the technology, rekindling hopes of a fuel cell iPhone in the future. - Mashable

New Malware Breaks 'Impenetrable' Corporate Defenses, Strikes First In Philippines

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Quick Heal Technologies has discovered a new form of malware that can bypass sandbox-based gateway appliances. Image: IB Times / Reuters

An antivirus firm has uncovered a new strain of malware that can break through highly secure enterprise networks. This malware is capable of getting past sandbox-based gateway appliances, sold by companies like Fireeye and Fortinet, to land in unsuspecting email inboxes. Its discovery by security firm Quick Heal Technologies is set to kickstart a cat-and-mouse game between appliance vendors and malware makers.

That's bad news for companies depending solely on these appliances to keep their network secure. These solutions can run up to $500,000, and have so far been impenetrable. Farokh Karani, a director at Quick Heal, explained that these appliances are a new trend in a world looking to find the one solution to all security problems. "The latest magic bullet being touted is these sandboxing appliances," he said.

These appliances run virtual machines (VMs) with a variety of different browsers, operating systems, and configurations. VMs are sometimes used by consumers with apps like Parallels to run Mac on Windows. In this situation, VMs are used when an email arrives at the company. The appliance executes the code in these VMs to make sure there's nothing nasty hiding inside.

This new malware, known as APT-QH-4AG15, was able to find its way around the appliance, and analysis reveals that it contained several schemes to get around virtual machines and sandboxes. The malware was first picked up in the Philippines, targeting local financial institutions, but Karani warns that all sandbox-based gateway appliances are effected.

"Our initial findings have taught us that even the most advanced sandbox-based appliance protection can be breached," said Sanjay Katkar, CTO at Quick Heal. "As a result, enterprises need to consider and implement multiple layers of protection to safeguard their networks."

Karani explained that antivirus software inside the network was able to detect the malware, but this spells trouble for companies depending on the appliances for their complete security solution. "It's the flaw in approach of sandboxed appliances, if you're taking it to be the magic bullet to stop all malware from coming in," said Karani.

The reason why these appliances have been secure until now, Karani said, is because malware makers weren't targeting them. Instead, developers focused on attacking traditional servers and PCs, bypassing regular antivirus software.

"The best defense is layers of robust protection – from the network to the endpoints and across all mobile devices, with continuous updates made to ensure that all levels of protection are current," said Karani.

The company's report reveals that the file creation date is just over 10 days old. That means the starting pistol has been fired, appliance developers will need to keep up to date, and the myth that these appliances are a "magic bullet" solution is now suspect. - International Business Times

Philippines is the world's "most social nation" - software Opera Mini

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This file photo shows the Facebook app icon on an iPhone. Facebook remains the most used social media site among American teens ages 13 to 17, according to a 2014 study from Pew Research Center. And, surprisingly, boys visit the site more often than girls. Aided hugely by smartphones and other mobile devices, 71 percent of teens surveyed said they use Facebook, with the same percentage saying they use more than one social network of seven options they were asked about. AP

PH ‘most social nation’–report

The Philippines is the world’s “most social nation” based on social media activity of Internet users, a report by software Opera Mini said on Thursday.

In its State of the Mobile Web Report, the browser software said Internet users in the Philippines have the highest social media activity worldwide.

“The Philippines used to be known as the text messaging capital of the world. Now, with easier Internet access and higher smartphone adoption, our findings indicate that the country has transformed into the most social nation,” the report said.

Opera Mini said social networking sites accounted for 86 percent of page views from its mobile browser users in the Philippines—the highest percentage among 50 countries.

The report attributed the growing social media activity in the country to the popularity of smartphones, saying half of Filipino mobile Web users use smartphones in surfing the Internet.

“With the unstoppable adoption of smartphones, people are spending more time accessing the Web on their mobile devices,” the report said. “The smartphone adoption rate in this country has grown from 41 percent to 55 percent over the past year.”

The browser software ranked Facebook, Google and YouTube as the top three most visited sites in the Philippines. Wikipedia, Yahoo, Twitter, Tumblr and WordPress also cracked the top 10.

The report also noted that local smartphone brands have been catching up with international brands in terms of consumer usage, increasing their share in the mobile phone market in the Philippines.

“A breakdown of the top 100 mobile devices preferred by Opera Mini users shows that Cherry Mobile has overtaken Samsung, with a 27 percent market share. Another local brand, MyPhone, has 8 percent,” it said. “The total market share of these two local smartphone brands is 35 percent, higher than Nokia’s 31 percent.” - INQUIRER

Philippines sets up innovation center- A new Silicon Valley in Asia

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Philippines sets up innovation center, takes a page from Singapore, Malaysia

The Philippines has announced a plan to build a national innovation center – taking cue from Silicon Valley in the US, Block 71 in Singapore, and MaGIC in Malaysia.

Government agencies, including the Department of Science and Technology (DOST) and the Department of Trade and Industry (DTI), are collaborating with startup accelerator IdeaSpace for this effort.

With initial funding of 30 million Php (US$665,000) from the government and counterpart funding of up to 15 million Php (US$332,000) from private sector and academe, the innovation center will have two locations – both of which will be near the country's premier universities.

"When we founded IdeaSpace in 2012, we wanted to find the next big innovative idea and create a startup ecosystem that embodies the Silicon Valley-mindset of using technology and science to create massive change in the world," said Earl Martin Valencia, president and co-founder at IdeaSpace.

"Now, we realize the dream to create Philippines' own innovation hub with our initial collaboration with the government and the academe where startups and high-potential research can get the support they need in order to grow and thrive," Valencia added.

The Philippine innovation center will foster technology advancement and startup ecosystem growth. Valencia said the hubs will be set up near key academic institutions to imbibe the spirit of innovative and entrepreneurial thinking among students, to tap into a wellspring of engineering and technology talent from these universities, as well as to address the growing interest of students in founding their own startups.

Calling on more partners

The center will also serve as a venue for government agencies and academic institutions to promote products, facilitate transfer of their R&D results, and establish connections with the investment community.

"It has always been DOST's thrust to support technology transfer of R&D output, either through commercialization or deployment for public good. The innovation center, we believe, will be a critical and effective agent in delivering R&D results to the people," DOST undersecretary Rowena Cristina Guevara said.

DTI undersecretary Nora Terrado added: "The DTI strongly supports entrepreneurship and innovation in the Philippines to realize economic growth that is truly inclusive. Tech startups present a growing spectrum of opportunities for Filipinos to compete in the international stage as they create new solutions to pressing social and environmental problems. In the process, this will spur economic activities resulting from the value and employment generated."

Valencia notes the initiatives represents the Philippines' first ever public-private partnership that focuses on innovation and aims to improve the country's position in the global digital economy. "We can't do it alone, so we're calling on more partners… to help us push this initiative forward."

The creation of the innovation hub will be a critical component in boosting the Philippines' ranking in the Digital Evolution Index (DEI), which ranks countries in terms of their readiness for the quickly expanding digital economy.

The Philippines is one of the so-called "break-out" nations in the recent global DEI study conducted by the US-based Fletcher School at Tufts University, using data from 2008 to 2013. The country stands alongside China, Malaysia, Thailand, and Vietnam as one of the "rapidly advancing countries" in the global digital topography.

What do you think of the Philippines' plan to build its own innovation hub? Will it take off? What are the challenges? And what lessons can the Philippines learn from neighbors Singapore and Malaysia? Feel free to share your thoughts. Editing by Malavika Velayanikal and Terence Lee - TECHINASIA

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