ADVERTISEMENT

Duterte Seeks Jack Ma's Help on Governance, Business Technology

Alibaba could help boost Philippines-China ties: Dominguez

Duterte Seeks Jack Ma's Help on Governance, Business Technology
Emloyees and visitors take selfie photographs in front of Alibaba Group Holding. (Photographer: Qilai Shen/Bloomberg)

(Bloomberg) -- The Philippines has invited Jack Ma and his Alibaba Group to partner with President Rodrigo Duterte in helping to improve technology for governance and to assist in building an inclusive financial system that would aid small businesses, Finance Secretary Carlos Dominguez said.

Ma, in a meeting with Philippine government officials in Hangzhou on Feb. 1, said the Philippines had huge potential to embrace the technology revolution because e-commerce was specifically designed for developing economies, according to a statement from the Philippine finance department.

Dominguez said Duterte was impressed with Ma when they met in Manila in November, and the Philippine leader issued instructions to pursue discussions with the technology entrepreneur to find common areas that Alibaba and the Philippine government could pursue together.

“I will report to the president that there are many elements here that we could use in the Philippines,” said Dominguez, who was with key government officials at Alibaba Business School’s Jan. 31 to Feb. 2 new economy workshop.

The insight from the training would help the Duterte administration understand how to optimize the use of technology to improve governance and prepare Filipinos for the future under a digital economy, Dominguez said. Among issues discussed was how cloud computing and big data platforms could be applied -- from improving traffic flow and law enforcement to managing financial risks and heightening cybersecurity measures, he said.

Dominguez said a closer relationship between the Philippine government and Alibaba is among the ways of further cementing bilateral ties between the Philippines and China.

To contact the reporter on this story: Cecilia Yap in Manila at cyap19@bloomberg.net.

To contact the editors responsible for this story: John McCluskey at j.mccluskey@bloomberg.net, Stanley James at sjames8@bloomberg.net.

©2018 Bloomberg L.P.