New Clark City is rapidly emerging as the Philippines’ boldest bet in semiconductors and artificial intelligence, with the Marcos administration positioning the fast-rising metropolis as a centerpiece of the Luzon Economic Corridor and the country’s next wave of industrial growth.
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.
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 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.
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.
The Bangko Sentral ng Pilipinas (BSP) launched its Financial Education Roadshow on Tuesday at the BSP Visayas Regional Office. The initiative aims to boost financial education and inclusion across regions, and also introduced the proposed National Strategy for Financial Education.
NephroPlus Philippines has expanded its dialysis network to 53 clinics nationwide as it seeks to broaden access to kidney care while strengthening prevention and early-detection programs in local communities.
The Department of Agriculture (DA) and Philippine Space Agency (PhilSA) formalized a five-year partnership Tuesday to deploy Earth observation, geospatial tools, and AI for strengthening agriculture, fisheries, disaster response, and climate resilience. The collaboration uses satellite data to speed up damage detection, improve irrigation planning, and shield food production from floods, droughts, and other risks.
Media giant ABS-CBN Corp. is set to lay off approximately 200 employees, representing roughly 7 percent of its total workforce, as it continues to grapple with persistent challenges in the content and advertising sectors.