Communications & Technology

The Bangko Sentral ng Pilipinas (BSP) released its new publication Risk and Resilience in the Philippine Financial System: How Much Has Changed on 3 July 2026, coinciding with the central bank’s 33rd anniversary celebrations at its Manila headquarters.

GCash has stepped up its campaign against digital fraud, shutting down more than 6,700 fraudulent merchant accounts and illegal gambling sites linked to the country's QRPh payment system as online scammers adopt increasingly sophisticated tactics to target consumers.

Canadian companies' planned USD130.89 million (P8.03 billion) investments in the Philippines could mark the next phase of growth for the country's IT and business process management (IT-BPM) industry, with demand shifting toward higher-value digital services, artificial intelligence (AI), cybersecurity, and global capability operations.

Amazon Web Services (AWS) is exploring the establishment of an AWS Region in the Philippines, a project that could bring up to USD5 billion in investments over the next 15 years and significantly strengthen the country's digital infrastructure and technology ecosystem.

The Philippines has become the first Southeast Asian economy to be featured in the World Intellectual Property Organization's (WIPO) Intangible Investment Highlights 2026, underscoring the country's growing shift toward an innovation-driven economy built on technology, software, brands, data, and intellectual property.