Magsaysay: We have to embrace the internet

By Jon Carlos Rodriguez, ABS-CBNnews.com

Posted at Feb 05 2013 11:32 PM | Updated as of Feb 06 2013 07:32 AM

MANILA, Philippines – Senatorial candidate Ramon "Jun" Magsaysay Jr. on Tuesday said embracing modern technology is a critical step in making the country globally competitive.

The 74-year-old Magsaysay said Filipinos should learn to “embrace the internet.”

“I feel that for the past 7 years, since the e-commerce law was passed, we have improved by leaps and bounds the sharing of information and education though internet,” he said on ANC’s “Harapan 2013”.

The former senator said he has been in talks with telecom companies to provide internet connection to schools and homes in far-flung barangays.

“They are very happy to work with government using their own backbone to provide internet. We call it ‘Wi-Fi Sa Lahat ng Barangay’. By doing that, students who don’t have to go to school but have the aptitude to research and study, they can access internet and it will make them more competitive,” he said.

Capital fund

Magsaysay said if he is elected as senator, he will push for structural changes on the government’s budget, noting that these changes are need needed to sustain the country’s economic growth.

“When you look at the economy, you have to look at confidence building. The first 2 and a half years of this administration showed that a lot of foreign and local businessmen have decided to come back here and put more capital in this country,” he said.

He added that will push for a sovereign wealth fund (SWF), an investment fund similar to China and India.

“We have to set aside a capital fund to enable private entrepreneurs, adults, young people, new graduates, to be able to attain a kind of creative enterprise,” said.

Magsaysay also emphasized the need to improve infrastructure and more resources for farmers and fishermen.

Budget

Magsaysay said the Senate’s budget should be “reviewed and tightened up,” amid controversy involving the realignment of savings for additional operating budgets or for employee bonuses.

“The fact that there are savings means that the budget was excessive,” he said.