Romualdez: P1.5 billion broadband project allocation will speed up Philippine internet

United Kingdom News News

Romualdez: P1.5 billion broadband project allocation will speed up Philippine internet
United Kingdom Latest News,United Kingdom Headlines
  • 📰 gmanews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

The P1.5 billion funding for the national broadband plan under the proposed P5.26 trillion budget for 2023 should increase Philippine internet connection speeds next year, Speaker Martin Romualdez of Leyte said Monday.

Romualdez was referring to the P1.5 billion of the P77 billion allocation which the House of Representatives realigned alongside other increases in the budget for education, health, transportation, and other critical social services.

House appropriations panel chairman Zaldy Co of Ako Bicol agreed, noting that the P1.5 billion funding for the national broadband project will also provide connections to far-flung places in the country. He was referring to the earlier agreement forged by DICT, Facebook, and the Bases Conversion and Development Authority in which Facebook agreed to provide the Philippine government with spectrum equivalent to at least two million megabits per second once the internet infrastructure has been established.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

gmanews /  🏆 11. in PH

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

House, Senate will see 'eye-to-eye' on P77-B amendments to the 2023 budget--RomualdezHouse, Senate will see 'eye-to-eye' on P77-B amendments to the 2023 budget--RomualdezThe House leadership is confident the Senate will approve its P77-billion institutional amendments to the proposed P5.268-trillion national budget for 2023, saying this will boost funds for education, health, transportation, and other social services.
Read more »

How to unfold wealth in 2023How to unfold wealth in 2023HSBC launches yet another milestone in its 147-year history in the Philippines.
Read more »

Use P9.3-B confidential, intel funds in 2023 budget for P10,000 'ayuda'--CastroUse P9.3-B confidential, intel funds in 2023 budget for P10,000 'ayuda'--CastroRealign the alleged P9.3-billion confidential and intelligence funds (CIF) in the proposed 2023 national budget into cash assistance or “ayuda” to poor Filipino families.
Read more »

DMCI Homes, SMPC seen to do well in 2023 - BusinessWorld OnlineDMCI Homes, SMPC seen to do well in 2023 - BusinessWorld OnlineSEMIRARA Mining and Power Corp. (SMPC) is expected in 2023 to match this year’s performance while DMCI Homes, Inc. is seen to surpass its 2022 showing, top officials of the Consunji-led companies said.
Read more »

Mactan airport’s parallel runway maybe operational in 2023Mactan airport’s parallel runway maybe operational in 2023CEBU CITY, Philippines - The country’s first-ever parallel runway may start accommodating flights next year.Officials from the Mactan-Cebu International Airport Authority (MCIAA) said they are
Read more »

Philippines sees economy slowing, but ‘comparatively strong’ in 2023 - BusinessWorld OnlinePhilippines sees economy slowing, but ‘comparatively strong’ in 2023 - BusinessWorld OnlineMANILA — Philippine economic growth may ease next year after a likely expansion of more than 7% this year as global risks linger, but it will remain resilient, a top official said on Sunday.
Read more »



Render Time: 2025-03-09 20:36:44