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'More investment needed to improve digital infrastructure'

THE government needs to invest more money to improve the country's digital infrastructure to attract more internet service providers and improve internet speed and lower the cost of internet connectivity, a global research firm said.

BMI Research, a unit of the Fitch Group that provides industry and financial market analysis, said in a recent report that while the Philippines is investing in improving its digital infrastructure, at its current rate, it may only provide marginal upsides to its outlook.