Tag: artificial intelligence

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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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DOE studies lower system loss charges ahead of EPIRA reforms

Energy & Mining 0
The Department of Energy (DOE) is exploring ways to reduce the system loss rates charged to electricity consumers while Congress deliberates amendments to the Electric Power Industry Reform Act (EPIRA), offering a near-term option to help ease power bills before broader legislative reforms take effect.

Marcos reopens Metro Manila for new PEZA IT hubs

Communications & Technology 0
President Ferdinand R. Marcos Jr. has reopened Metro Manila to new Philippine Economic Zone Authority (PEZA)-registered information technology parks and centers, easing a seven-year investment restriction while keeping the broader ban on other types of economic zones in the capital.

BPI clears merger to strengthen digital banking

Banking & Insurance 0
The Bank of the Philippine Islands (BPI) has secured final regulatory approvals to merge two of its thrift banking subsidiaries, a move that underscores the lender's push to streamline operations, strengthen capital efficiency, and sharpen its digital banking strategy.

DOE urges dedicated power for Pax Silica data hub

Energy & Mining 0
The Department of Energy (DOE) is urging the proposed Pax Silica development to build its own power plant instead of drawing electricity from the Luzon Grid, warning that the project's massive energy demand could strain the country's main power network if left unaddressed.

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