SAN Francisco, United States — Angkas, the Philippines’ leading tech startup in the transportation sector, represented by its CEO George Royeca, participated in the recently held APEC CEO Summit.
Royeca was part of the prestigious business delegation representing the innovative and dynamic tech startup industry in the Philippines, assembled by the Department of Trade and Industry (DTI), in the Summit held from November 14 to 17 in San Francisco, USA.
The Asia-Pacific Economic Cooperation (APEC) CEO Summit served as a premier business event that brought together top executives, government leaders, and thought leaders from the APEC region. The summit provided a platform for influential figures to engage in discussions on key economic issues, business trends, and collaborative opportunities that shape the future of the Asia-Pacific region.
The inclusion of Royeca in the business delegation highlighted the significance of the burgeoning Philippine tech startup sector on the global stage. As the CEO of Angkas, a pioneer in the ride-hailing and tech-enabled transport services, Royeca embodied the spirit of innovation and entrepreneurship that best epitomizes the Philippine startup ecosystem.
During the summit, President Ferdinand Marcos, Jr. delivered a compelling statement on the importance of digital infrastructure that emphasizes the transformative impact on education, villages, and financial transactions. President Marcos further highlighted the potential for improved connectivity to empower students and the public through enhanced internet access, leading to greater convenience in financial transactions and increased productivity.
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In response to the vision of Marcos, Royeca expressed his support for the initiative, stating, “The President’s emphasis on digital infrastructure aligns with our shared goal of leveraging technology to enhance the lives of Filipinos. The integration of robust digital infrastructure is crucial not only for education and financial transactions but also for fostering a more efficient and productive society. At Angkas, we recognize the transformative power of technology in driving positive change and economic growth.”
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Marcos drew the parallel between successful economies that have rebounded from challenges, such as war or the recent global pandemic to his vision. He underscored the importance of productivity as a key driver of economic recovery and growth, emphasizing the role of physical infrastructure, including an efficient and affordable transport system, in enhancing the productivity of every Filipino worker.
The participation of the Angkas CEO in the summit provided an invaluable opportunity to showcase the success and potential of Philippine tech startups, fostering international collaborations and partnerships. His insights and experiences contributed to discussions on fostering innovation, enhancing digital economies, and addressing the challenges and opportunities in the rapidly evolving technology landscape.
Angkas remains committed to revolutionizing transportation in the Philippines through technology, and Royeca’s involvement in the APEC CEO Summit reinforced the company’s dedication to contributing to the broader global conversation on innovation and economic development.