Capstone-Intel Corporation: Countering fake news in PH needs “concerted effort” from everyone
Capstone-Intel Corporation, as a research and intelligence company entrenched in facts and data-driven insights, strongly supports the recent pronouncement by the national government to wage the war against misinformation in the Philippines, which has been a timeless dilemma for the Filipino people in the digital space. According to Atty. Nic Conti, Chief of Public Affairs at Capstone-Intel, it is impossible to measure the damage that has been caused by the dissemination of false information in the Philippines. It has resulted in the massive decline of public confidence both in the country’s leaders and media institutions, divisive political leanings, and even the deterioration of quality education. “The negative impact of fake news in the Philippines cannot be overstated. It has led to the erosion of public trust in institutions, the rise of political polarization, and the spread of harmful misinformation,” said Conti. The issue of fake news has increasingly become a major problem in the Philippines. The spread of false information through social media platforms and other online channels has led to widespread confusion and distrust among the public. This phenomenon has been amplified by the fact that many people consume news primarily through social media, where it can be challenging to distinguish between real and fake news. Atty. Conti also highlighted that all Filipinos, including organizations, have to collaborate in order for the country to take up arms against fake news. “Furthermore, fake news has been used to justify human rights abuses, incite violence, and undermine the democratic process. Addressing the problem of fake news in the country will require a concerted effort from all stakeholders, including the government, media, civil society, and the public,” he emphasized. Additionally, Atty. Conti heeded that various efforts have to be made in order for the national government to completely eradicate the continuous spread of fake news on social media. “This is a complex issue that requires a multifaceted approach, including education and awareness-raising, media literacy initiatives, and regulation of social media platforms,” he noted. The government has taken a proactive stance in addressing this crucial concern by launching a Media and Information Literacy campaign. This initiative is supported by the joint efforts of the Department of Education, the Commission on Higher Education, and various other agencies, including leading social media companies such as Google, Meta, TikTok, and X. Private sector companies, including Capstone-Intel Corporation, have also supported this program. The government’s efforts to launch the campaign are underway, but their effectiveness is yet to be determined. It is incumbent upon individuals to take ownership of verifying the accuracy of the news they consume and to remain vigilant against the dissemination of false information. Collectively, we can address the proliferation of fake news and foster a more informed and cohesive society. *** Capstone-Intel is a high-impact research company that uses innovative research technologies, tools, and methods to convert data and information into breakthrough insights and actionable intelligence outputs. It is committed to helping its clients solve problems, find solutions, grow markets and constituencies, build reputations, navigate risks, manage crises, and be the country’s leading private research and intelligence agency.
‘Maharlika Fund’ Generates Highest Interest Among Sovereign Investment Funds
With the enactment of the country’s first sovereign investment fund, Maharlika, Capstone-Intel Corporation conducted an analysis of other sovereign investment funds of other countries and how they were discussed online from May 31, 2023 to July 31, 2023. Capstone-Intel is a high-impact research company that uses innovative research technologies, tools, and methods to convert data and information into breakthrough insights and actionable intelligence outputs. It is committed to helping its clients solve problems, find solutions, grow markets and constituencies, build reputations, navigate risks, manage crises, and be the country’s leading private research and intelligence agency. Five nations included in the survey possess sovereign investment funds, namely the Philippines with the Maharlika Investment Fund, Japan with the Japan Investment Corporation, Malaysia with Khazanah Nasional, China with the China Investment Corporation, and South Korea with the Korea Investment Corporation. Number of Searches The data reveals the level of interest and awareness of internet users regarding different sovereign wealth funds. The “number of searches” or search volume is a key indicator of this interest. Based on the data presented, the “Maharlika Investment Fund” has the highest search volume of 9,710 and search visits of 151,600, suggesting a higher level of online activity and interest than other funds. “China Investment Corporation” has a search volume of 2,970 and 3,200 search visits, while “Khazanah Nasional” has a search volume of 3,240 but only 30 search visits, indicating lower online engagement. “Korea Investment Corporation” has a search volume of 940 and 379 search visits, while Japan Investment Corporation yields 280 search volumes and 91 search visits. Keyword Insights and Zero-Click Searches Based on the Keyword Insights and Zero-Click Searches, the data indicates that several sovereign investment funds experience significant rates of zero-click searches. The “Maharlika Investment Fund” has a 50 percent zero-click search rate, followed by the “China Investment Corporation” with 63 percent, “Khazanah Nasional” with 77 percent, the “Korea Investment Corporation” with 67 percent, and the “Japan Investment Corporation” with 79 percent. Traffic Shares The Maharlika Investment Fund has established a significant online traffic share of 91.80% among sovereign investment funds, according to recent data. China Investment Corporation follows with 6.31 percent, while Khazanah Nasional generates 1.35 percent. Korea Investment Corporation has a share of 0.46 percent, and Japan Investment Corporation has the smallest online traffic share of 0.08 percent. The data indicates that the Maharlika Investment Fund is the most popular and frequently searched sovereign wealth fund, with the largest online traffic share in the internet domain. Share of Website Visits According to Domain Visit Share, the data shows that “Maharlika Investment Fund” has the percentage of website visits related to sovereign investment funds, with 73 percent. This is followed by “China Investment Corporation,” with a share of 9.70 percent. The percentage of website visits for “Khazanah Nasional” is 2.50 percent. The “Korea Investment Corporation” attracts attention with a share of 12.50 percent. Lastly, “Japan Investment Corporation” has a percentage of website visits of 2.20 percent. Visited Website for each Sovereign Investment Fund For each sovereign investment fund, the most frequently visited website is an important source of information for users seeking detailed and comprehensive information about the fund. In the case of Maharlika Investment Fund, the top visited website is dof.gov.ph. Similarly, for China Investment Corporation, wikipedia.org is the “Visits Leader,” indicating that users often rely on Wikipedia for information about the fund. Khazanah Nasional’s official website in Malaysia, khazanah.com.my, is the primary source of relevant and detailed information about the fund. For Korea Investment Corporation, the “ifswf.org” website of the International Forum of Sovereign Wealth Funds attracts considerable traffic and is the go-to source for information. The website that receives the traffic for the Japan Investment Corporation fund, “mk.co.kr,” shows a relatively lower number of website visits than other funds.
