Daily Market Updates: Is Philippines’ laws on underwater cables lagging behind its digital hub goal?

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Is Philippines’ laws on underwater cables lagging behind its digital hub goal?

Reported · Written up by our desk · North America

The Philippines’ telco industry wants the country to become a regional digital hub anchored by stable underwater cables, but a leading executive and analysts warn that slow approvals for repairs, limited monitoring and fragmented official oversight could undermine the ambition. At a forum on archipelagic governance for subsea cables, PLDT, the Philippines’ largest telecommunications company, called for greater cooperation among government agencies and further reforms to expand the vital digital...

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SCMP EconomyIs Philippines’ laws on underwater cables lagging behind its digital hub goal?

Global Markets

Is Philippines’ laws on underwater cables lagging behind its digital hub goal?

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