THE World Bank has underscored the importance of Port Community Systems (PCS) in enhancing global trade efficiency and port operations in the 21st century.
THE World Bank has underscored the importance of Port Community System s in enhancing global trade efficiency and port operations in the 21st century.The World Bank has unveiled a comprehensive guide titled 'Port Community System s: Lessons From Global Experience.' This initiative, developed in collaboration with the International Association of Ports and Harbors, highlights the crucial role digital collaborative platforms play in improving port operations and trade efficiency.
The report likewise identifies a concerning trend -- low- and middle-income nations are lagging in adopting PCS. Currently, only 16 percent of the world's ports utilizing these platforms are located in these countries, while 84 percent are in high-income nations. The findings suggest an urgent need for developing countries to embrace PCS, especially as advancements in technologies like artificial intelligence and cloud computing threaten to widen the digital divide.
Unveils Guide To New Port Community System
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GoTyme Bank: #1 bank in customer experience and most-recommended bank in the PhilippinesGoTyme Bank receives the highest CX Index and NPS scores among local banks in an independent survey.
Read more »
World Bank boosts climate financing by 10 percentLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
World Bank redirects funds towards Lebanon emergency aidDefining the News
Read more »
World Bank raises PH growth forecastSTRONG domestic demand supported by an improving policy and external environment could boost Philippine economic growth, the World Bank said.
Read more »
World Bank Provides $287 Million for Philippines Broadband ProjectThe World Bank has approved a $287.24-million loan to support the Philippines' Digital Infrastructure Project, aiming to enhance broadband connectivity and resilience against climate change and other disruptions.
Read more »
Poorest countries face highest debt burden for 18 years: World BankWashington, United States - The world's 26 poorest economies are facing the most significant debt burden since 2006, the World Bank announced in a new
Read more »