Konektadong Pinoy’s lighter regime deemed attractive to tech investors

THE Konektadong Pinoy bill is expected to demonstrate a simplified regulatory regime to foreign investors that will serve to attract investors in digital infrastructure, the Financial Executives Institute of the Philippines (FINEX).

- — Ashley Erika O. Jose

FINEX said on Monday that the bill will address long-standing gaps in digital infrastructure by, among others, removing the congressional franchise requirement for internet service providers.

"The bill sends a strong signal to global technology firms and hyperscal-ers looking to expand in Southeast Asia. Streamlining the regulatory environment could help the Philippines attract foreign investment in data centers, cloud infrastructure, and digital services, critical enablers for a modern, competitive economy," FINEX said.