PCC taps big data analytics with PSA, UP
Czeriza Valencia (The Philippine Star) - January 29, 2020 - 12:00am

MANILA, Philippines — The country’s antitrust agency has tapped the Philippine Statistics Authority (PSA) and the University of the Philippines Public Administration Research and Extension Services Foundation Inc. (UPPAF) for the use of big data analytics to aid its competition policies.

Big data refers to a large volume of data – both structured and unstructured – used to analyze or extract information from, using a advanced analytics system for too large or too complex to be dealt with by traditional data-processing application software.

In a statement, the Philippine Competition Commission (PCC) said it has signed a tripartite agreement with PSA and the UP unit for big data and competition activities under the Regulatory Reform Support Program for National Development (RESPOND). 

RESPOND is a five-year project with technical support from USAID, the framework for which was launched late last year. 

PSA noted that the program was created to contribute to the implementation of policies and programs under the government’s long-term vision leading up to 2040, the medium-term Philippine Development Plan (2017-2022) and the 10-point Socioeconomic Planning Agenda of the current administration. 

PCC said the tripartite agreement signed last Jan. 22 enlists the help of PSA to mine decades-old trade and business-related data that can be analyzed and used as guide for regulatory intervention and formulation of new policies. 

As the use of big data is the focus of the activity, data down to the level of companies and households will be mined for analysis, PCC said. 

“It aims to employ big data analytics toward data driven economic development policies that increase competition and ease business transactions in the country,” PSA said. 

PCC said the data that will be generated by the project will be shared with the government, academe and private sector. 

“Through its participation with RESPOND, the PSA will demonstrate its capacity for expansion of services while keeping up with the global standards in statistics — ensuring continuous growth of statistical skill and understanding,” the PSA said.

PHILIPPINE STATISTICS AUTHORITY PSA
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