President’s order gives a boost to IT industry
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Source: The Manila Times
Published: 2026-08-06 02:09 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Property, Philippines, Technology & AI, Property & Housing, Business & Economy, Technology
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Snippet:
ON July 23, President Ferdinand Marcos Jr. issued Administrative Order (AO) 45, lifting a seven-year moratorium on the development of new information technology (IT) parks and IT centers as economic zones under the Philippine Economic Zone Authority (PEZA) within the National Capital Region (NCR). This was a sound decision by the president, as it addresses several problems currently facing the country’s IT industry, which is increasingly under threat from the rapid development of artificial intelligence (AI), as well as a
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