As artificial intelligence, automation, and mass production reshape consumer markets, demand for handmade and distinctive products is creating fresh opportunities for Philippine crafts and design exporters.
Artificial intelligence is spreading rapidly across Philippine workplaces, but the country faces a widening gap between AI adoption and the skills needed to develop and harness the technology.
The Philippine Retailers Association (PRA) on Thursday urged businesses to accelerate their adoption of artificial intelligence while ensuring that technology complements, rather than replaces, the human connections that underpin customer loyalty.
Intellectual Property Office of the Philippines (IPOPHL) Director General Teodoro C. Pascua said artificial intelligence could become a powerful engine for transforming Filipino ideas into globally competitive products, provided innovation is matched with stronger protection of intellectual property rights.
The Philippines' growing role in the global artificial intelligence supply chain is expected to provide an important buffer against slowing growth, higher oil prices and lingering trade uncertainties, according to the ASEAN+3 Macroeconomic Research Office (AMRO).
The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.
The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.
The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.