BSP pledges vigilance as S&P maintains stable rating for PH sovereign
The Bangko Sentral ng Pilipinas (BSP) on Thursday confirmed that the Philippines has held on to its investment-grade credit rating of “BBB+” with a stable outlook, as reaffirmed by S&P Global Ratings. The rating outlook was revised from “positive” to “stable” due to the ripple effects of the ongoing Middle East conflict on the global economy.
Alibaba launches new AI video and image tools for creators
Alibaba has introduced Wan2.7-Video, a new AI model designed to help creators produce complete videos with higher quality and efficiency.
SEC proposes umbrella mutual fund, tighter rules for online lenders
The Securities and Exchange Commission (SEC) is pushing for the creation of an “umbrella mutual fund” to make investing easier and help grow the country’s capital markets.
PSAC backs AI upskilling, faster job matching drive
The Private Sector Advisory Council (PSAC) is pushing a coordinated set of measures to protect jobs and speed up workforce transformation as global economic uncertainty weighs on employment prospects.
AC Mobility accelerates nationwide EV ecosystem buildout drive
AC Mobility said the shift to electric mobility in the Philippines is gathering pace as the company ramps up investments in infrastructure critical to supporting broader electric vehicle (EV) adoption.
