Davao City, Davao
The launch of Elon Musk’s SpaceX/Starlink in the Philippines will enable a much faster broadband speed, better connectivity, and more affordable rates for consumers.
“Their system will augment as well as complement existing broadband capacities. This will further capacitate micro, small, and medium enterprises (MSMEs), facilitate online learning, e-commerce and fintech,” Department of Trade and Industry (DTI) Secretary Ramon M. Lopez said.
In a meeting with SpaceX Government Affairs Senior Manager Rebecca Hunter on April 20, Secretary Lopez also discussed the Public Service Act (PSA), which paved the way for the company’s registration as a 100% foreign-owned business.
Read more: https://www.dti.gov.ph/news/dti-to-fast-track-establishment-of-spacex-in-the-philippines/
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source: Department of Finance Fb Page
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