SEC deploys AI chatbot to answer public queries on regulations
The Securities and Exchange Commission (SEC) has launched SEC AInnovation, an AI-powered digital platform designed to assist the public with real-time queries on the agency’s rules, regulations, and processes.
GCash taps into NFC with ‘Tap to Pay’ rollout
GCash, the country's leading mobile wallet, has launched “Tap to Pay,” a next-generation contactless payment feature, through a partnership with Singapore-based fintech firm Open Fabric. The rollout marks a significant step in GCash’s expansion into near-field communication (NFC) technology, enabling users to make secure, tap-and-go transactions using their Android smartphones at any Mastercard-enabled point-of-sale terminal nationwide.
Telco security alliance eyes public-sector integration
The National Security and Telecommunications Council (NTSC), an alliance of corporate security heads from the country’s leading telecommunications companies, is widening its scope by formally engaging key government and law enforcement agencies amid rising incidents of cable theft and cyberattacks nationwide.
IMI selling Czech subsidiary to China’s Keboda for €10M
Integrated Micro-Electronics Inc. (IMI), a publicly listed electronics manufacturing firm under Ayala Corp., announced Wednesday it is divesting its Czech Republic operations for €10.02 million as part of a broader corporate restructuring strategy.
Manufacturing PMI slips to 50.1 in May
The S&P Global Philippines manufacturing purchasing managers’ index (PMI) dropped to 50.1 in May from 53 in April, signaling a sharp slowdown in sector growth.
