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’ fast-growing adoption of artificial intelligence is opening new doors for businesses but also creating a more complex cybersecurity battlefield, with threats evolving at a pace that traditional defenses may struggle to match.
Artificial intelligence is having quite the glow-up. It can write your emails, summarize your meetings, plan your vacation, and even explain quantum physics without breaking a sweat.
Former Philippine Stock Exchange chair Ma. Vivian Yuchengco is urging the Securities and Exchange Commission (SEC) to withdraw a circular that sets term limits for the bourse’s broker-directors, stating the move weakens fundamental corporate governance principles and shareholder rights. In her statement, Yuchengco emphasized that good governance depends on directors earning and retaining shareholders’ trust, while regulators must respect that electoral choice. She noted that repeated re-election should not be dismissed by the SEC, but rather reinforces the commission’s duty to clearly justify why such a choice should be overridden. Along with fellow director Eddie Gobing, Yuchengco has also filed a petition with the Court of Appeals to have the rule declared unconstitutional; both bring extensive board experience, with Yuchengco having served 28 years and Gobing 25 years.
The proposed separation of PAGCOR’s regulatory and casino-operating functions is nearing a key government decision, with Chairman and chief executive officer Alejandro H. Tengco pushing for the state gaming agency to focus solely on regulation.
The Development Budget Coordination Committee (DBCC) is finalizing its recommendation on possible fuel excise tax relief as elevated global oil prices continue to push up domestic pump prices, Malacañang said Thursday.
Ayala Land Inc.’s 290-hectare Cresendo estate in Tarlac is moving closer to becoming a full-scale industrial and urban center, with most industrial lots leased and major road, school, and commercial projects advancing alongside factory development.