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BSP issues new AI governance principles for financial entities 

The Bangko Sentral ng Pilipinas (BSP) has introduced a new set of voluntary governance principles to guide BSP-supervised financial institutions (BSFIs) in safely adopting artificial intelligence. Issued in June under Memorandum No. M-2026-031, the framework helps institutions innovate and improve customer service while protecting consumers, managing risks, and maintaining trust in the financial system.

Airport City opens doors at Clark

The Luzon International Premiere Airport Development (LIPAD) Corporation has officially launched the Clark AeroDistrict, marking the debut of the country’s first world-class airport city.

Marcos satisfaction rating improves, remains in red

President Ferdinand Marcos Jr.'s public satisfaction rating improved in June but remained in negative territory, according to the latest Social Weather Stations survey. The poll found 38 percent of adult Filipinos satisfied with the President's performance, 45 percent dissatisfied, and 17 percent undecided, yielding a net satisfaction rating of negative 7, classified by SWS as "neutral." The result marked an eight-point improvement from the record-low negative 15 posted in March, driven by gains across all major geographic areas and among most demographic groups, although Metro Manila and Mindanao continued to post negative net satisfaction ratings.

IBPAP warns insider fraud threatens outsourcing industry’s credibility

The Information Technology and Business Process Association of the Philippines (IBPAP) is calling for tougher action against insider cybercrime, warning that fraudulent acts committed by a small number of employees could damage the country's reputation as one of the world's leading outsourcing destinations.

Clark AeroDistrict aims to anchor logistics, aviation growth

Clark International Airport's private operator is betting that the future of aviation lies beyond the runway.

Just in

PH net foreign liabilities rise to $65.6 billion

The Philippines saw its net financial obligations to foreign lenders and investors expand to $65.6 billion as of end-June 2026, equivalent to 13.4 percent of the country’s Gross Domestic Product (GDP). It is a reflection of what the country owns abroad versus what it owes to foreign entities. Preliminary balance sheet figures show this liability expanded from $55.0 billion, or 11.2 percent of GDP, recorded at the end of March 2026.

PEZA, Aboitiz push EaseBiz to fast-track projects

The Philippine Economic Zone Authority (PEZA) and Aboitiz Economic Estates are expanding an investor-assistance program designed to turn investment commitments into operating projects faster as international interest in the Luzon Economic Corridor grows.

Government ramps up super El Niño safeguards  

The government is stepping up preparations for the expected impact of Super El Niño, rolling out measures to protect farms, water supplies, power systems and communities from extreme heat and prolonged drought.

Philippines turns leaner innovation inputs into gains 

The Philippines is punching above its weight in innovation, delivering relatively strong results despite weaker underlying inputs, according to the 2026 Global Innovation Index (GII).
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