Tag: AI

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PEZA targets robotics boom with new export cluster

The Philippines is positioning itself for a bigger role in the global robotics industry as the Philippine Economic Zone Authority (PEZA) assembles an export ecosystem spanning robot components, finished machines and the data powering physical artificial intelligence.

AI adoption outpaces readiness in Philippine schools

Artificial intelligence is gaining ground in Philippine classrooms, but schools are struggling to keep institutional strategies and teacher training aligned with adoption, pointing to a readiness gap as higher education expands AI-enabled learning.

ChatGPT can read your personality before you do

ChatGPT may be doing more than writing emails, brainstorming ideas, and settling arguments about dinner. New research suggests the AI can also create personality tests—and predict how people will answer them.

AI demand pushes Philippine electronics exports higher

The Philippine electronics industry is raising its 2026 growth forecast to 10 percent as artificial intelligence, data centers and the technologies powering them drive a fresh wave of demand, putting exports on track to break the USD50-billion mark for the first time.

AI transforms retail but fundamentals still drive growth

Artificial intelligence is rapidly reshaping Philippine retail, but technology alone will not determine which businesses succeed, according to venture capital firm Kickstart Ventures, which says disciplined execution and sound business fundamentals remain the strongest drivers of sustainable growth.

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Foreign currency reserves drop to $97.4B

The Bangko Sentral ng Pilipinas (BSP) reported that the country’s gross international reserves (GIR) stood at $97.4 billion as of end-October 2026. This dip in foreign currency reserves was primarily driven by the central bank’s active foreign exchange interventions, downward adjustments in the value of gold assets amid shifting global prices, and the national government withdrawing funds from its central bank deposits to cover foreign debt service obligations alongside other international funding needs.

Motorcycle sales rebound 8.1% in Q3 to 524,860 units

Motorcycle sales among the country’s four major manufacturers rebounded in the third quarter of 2026, rising 8.1 percent year-on-year to 524,860 units as stronger monthly volumes in August and September reversed the previous quarter’s contraction.

ASEAN growth summit brings business leaders, Angelina Jolie to Manila

The Philippines will bring some of the world’s biggest business names, regional policymakers and Hollywood actress Angelina Jolie to Manila on November 11 for a summit focused on how Southeast Asia can protect economic resilience, accelerate digital transformation and ensure growth reaches smaller businesses and underserved communities.

Japan-Philippines friendship highlighted at 82nd Battle of Surigao Strait commemoration

The enduring friendship and diplomatic ties between Japan and the Philippines took center stage during the 82nd commemoration of the historic Battle of Surigao Strait, jointly organized by the City of Surigao and the Province of Dinagat Islands.

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