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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DOE opens bidding guidelines for Mindanao-focused renewable energy auction

Energy & Mining 0
The Department of Energy has released the terms of reference for the seventh round of the Green Energy Auction, which will prioritize renewable energy projects in Mindanao.

NFA steps up palay purchases as wet-season support prices rise

Agriculture 0
The Department of Agriculture (DA) confirmed that the National Food Authority (NFA) is expanding its palay procurement efforts to boost the country’s rice buffer stocks.

Another round of steep fuel price hikes expected this week

Energy & Mining 0
Local fuel retailer Jetti Petroleum has warned that another significant increase in pump prices for gasoline and diesel is set to take place this week.

SEC adopts updated financial reporting standards

Corporate 0
The Securities and Exchange Commission has formally adopted the latest set of financial reporting pronouncements to ensure the country’s reporting framework keeps pace with changing global accounting standards and growing demands for sustainability-related disclosures.

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