Globe Telecom, Inc., the Ayala-led telecommunications firm, has obtained a P10-billion term loan from the Land Bank of the Philippines to fund its capital spending program, refinance existing obligations, and cover general corporate needs.
The Philippine information technology and business process management (IT-BPM) industry sees little immediate risk from two proposed US bills designed to bring outsourced jobs back to America, saying both measures have stalled in Congress and mirror earlier anti-offshoring proposals that never became law.
Lenovo is tearing down the biggest roadblock to corporate artificial intelligence by enabling businesses to launch secure, fully functioning AI systems in as little as a single week.
The Philippines is quickly carving out a place as one of Southeast Asia's most enthusiastic adopters of artificial intelligence, with Filipinos increasingly using Google's Gemini for work, creativity and customer service rather than just casual online queries.
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.