Tag: artificial intelligence

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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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SEC penalizes online lender P1 million for predatory rate and collection practices

Corporate 0
The Securities and Exchange Commission has imposed a P1 million penalty on Inclusive Credit Lending Inc. for charging excessive interest rates and carrying out improper debt collection activities.

SIDC taps Nextbank to speed digital banking shift

Agriculture 0
The country's largest agricultural cooperative is accelerating its digital transformation, with Sorosoro Ibaba Development Cooperative (SIDC) partnering with Nextbank to modernize its financial operations and expand digital banking services for more than 81,000 members nationwide.

Manufacturers urge Marcos to cut business costs faster

Economy 0
The Federation of Philippine Industries (FPI) is urging President Ferdinand R. Marcos Jr. to use his upcoming State of the Nation Address (SONA) to accelerate economic reforms, arguing that the country's recent elevation to upper middle-income status should mark the beginning, not the culmination, of its competitiveness drive.

PAL bets on widebody fleet in global competition step-up

Transport & Logistics 0
The Philippine Airlines is set to compete more aggressively in key international markets through a large-scale fleet expansion and modernization program.

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