Philippine President Ferdinand Marcos Jr Appreciates The Excellence Of Technology Innovation Of PT Mata Values Of The Republic

JAKARTA - The visit of the President of the Philippines, Ferdinand Marcos Jr to Indonesia is an important momentum to strengthen relations between the two countries in increasing the growth of Southeast Asia's digital economy. The Philippines is currently exploring its country's digital transformation development strategy for various industrial sectors.

The WIR Group Board of Directors had the opportunity to meet and discuss in person with the President of the Philippines, Ferdinand Marcos Jr. along with a number of Philippine ministers to discuss the implementation of the WIR Group technology ecosystem in the Philippines.

In a meeting held on Tuesday, September 5, 2023, the Secretary of Trade and Industry, Department of Trade and Industry Alfredo Pascual introduced PT Mata Value of the Republic as a subsidiary of WIR Group to President Ferdinand Marcos Jr as a leading company in technology solutions for immersive and commercial platforms based on Augmented Reality (AR) technology, Virtual Reality (VR) and Artificial Intelligence (AI).

Dalam pertemuan ini Presiden Ferdinand Marcos Jr. sangat mengapresiasi teknologi yang dikembangkan oleh Mata Nilai Republik yang dianggap bisa mendorong transformasi digital yang akan berkontribusi pada pertumbuhan ekonomi.

The Philippine Department of Trade and Industry (DTI) has previously provided support to WIR Group to enter the Philippine market. In July 2023, DTI invited WIR Group to speak at the National MSME Summit at the Manila Hotel which was attended by top government officials and also MSME players from various industries.

During a visit to Manila last June, WIR Group also signed an MoU with several Philippine business partners to explore the development of technology solutions that are beneficial to Filipinos.

WIR Group explores the potential and opportunity for the implementation of trading platforms that people can use to build their businesses so that these efforts can help MSMEs and increase the number of MSMEs in the Philippines.

This effort is expected to contribute to the economy in the Philippines. This economic impact target is calculated based on how technology owned by Mata Value of the Republic can have an impact on Filipinos. Previously, WIR Group had also successfully implemented this strategy in Indonesia.

In a meeting with President Ferdinand Marcos Jr., WIR Group had the opportunity to present various modules for technology solutions based on AR, AI and VR. One of the technological solutions displayed is President Ferdinand Marcos Jr.'s Virtual Avatar, this will provide a unique and interesting experience for the public to be able to take pictures with President Ferdinand Marcos Jr in virtual form.

The use of avatars here is an example of how future interactions can be carried out. This strategy is the answer to business needs that continue to search for innovative methods to connect with consumer targets and strengthen their brand identities in order to gain significant appeal.

Michael Budi, Group Chief Executive Officer & Co-Founder, WIR Group, said it was an honor for Mata Value of the Republic as a subsidiary of WIR Group to collaborate with DTI and present an immersive technology platform.

"We hope that this opportunity will be a new breakthrough and an achievement for the Indonesian technology industry. We are committed to presenting technological innovations that encourage business growth and expand Indonesia's global influence in the digital field. We also hope that the Philippines will become a Southeast Asian market that will follow in Indonesia's footsteps in starting the adoption of web technology 3.0," explained Michael, in his statement, Thursday 7 September.