Tag: artificial intelligence

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AI vision takes shape in New Clark City

Communications & Technology Context.ph Context.ph -
New Clark City is rapidly emerging as the Philippines’ boldest bet in semiconductors and artificial intelligence, with the Marcos administration positioning the fast-rising metropolis as a centerpiece of the Luzon Economic Corridor and the country’s next wave of industrial growth.

AI-powered threats force cybersecurity rethink

Communications & Technology Context.ph Context.ph -
Artificial intelligence is rapidly emerging as a major cybersecurity challenge for Philippine enterprises, with experts warning that organizations must overhaul traditional defenses as cybercriminals increasingly deploy AI-driven attacks.

Philippines lags in AI readiness race—Cisco study

Communications & Technology Context.ph Context.ph -
A new global study by Cisco has revealed that only 12 percent of organizations in the Philippines are fully prepared to scale and extract value from artificial intelligence (AI), exposing a significant gap between AI ambition and operational readiness in the country.

Manulife’s global AI adoption helps powers innovation and efficiency

Communications & Technology Context.ph Context.ph -
Manulife on Friday acknowledged  that over 75 percent of its global workforce is now actively engaged with generative AI (GenAI) tools, including ChatMFC, its proprietary AI assistant introduced in 2024.

Government uses AI, remote sensing to map country’s resources

Agriculture Context.ph Context.ph -
The country’s resource officials have teamed up with the Philippine Space Agency (PhilSA) to produce an inventory of resources that will serve as basis for a policy framework down the line.

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Davao durian shipped to Oman in new trial export

Agriculture 0
The Department of Agriculture announced Tuesday that 56 boxes of Davao durian, weighing 1.08 metric tons and worth around P183,000 ($3,000), have been sent to Oman. The shipment from Engseng Food Products of Davao City is bound for Jeel Almaaly International in Al Dakhiliyah Governorate.

Petron net income drops 28% on high oil costs

Corporate 0
Petron Corp. reported a 28 percent fall in first-half net income to P3.8 billion from P5.3 billion a year earlier, the company said Tuesday. The decline was mainly due to Middle East tensions pushing crude, import and freight costs higher. Dubai crude averaged $91 a barrel, up 27 percent year-on-year.

Singapore’s USEL eyes Philippine logistics, data center investments

Transport & Logistics 0
Singapore-based Universal Success Enterprises Limited (USEL) is exploring investments in logistics parks and data centers in the Philippines, underscoring growing foreign interest in sectors benefiting from the country's expanding digital economy and infrastructure buildout.

Toyota backs RACE alongside EVIS to spur investments

Transport & Logistics 0
Toyota Motor Philippines (TMP) is optimistic the proposed Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) Program will be rolled out alongside the government's Electric Vehicle Incentive Strategy (EVIS), saying the twin initiatives would strengthen the country's automotive manufacturing base while accelerating the transition to cleaner mobility.

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