Tag: Securities Clearing Corp. of the Philippines (SCCP)

Listed PhilWeb Corp. (PSE: WEB) has elected Lance Y. Gokongwei as chairman of its board, completing a governance overhaul following his P2.02 billion strategic investment in the company and appointment as a director in July.

The Bangko Sentral ng Pilipinas (BSP) today welcomed the Japan Credit Rating Agency (JCR)’s affirmation of the Philippines’ “A-” investment-grade credit rating with a stable outlook, a vote of confidence in the country’s solid economic fundamentals even amid growing global uncertainty such as the ongoing conflict in the Middle East.

The Bureau of Internal Revenue (BIR), led by Commissioner Charlito Martin R. Mendoza, and Ayala Corporation, represented by Karl Kendrick Chua, Data Science and Artificial Intelligence Group Head, signed a Memorandum of Agreement on August 25, 2026 for the AI-powered Terry the Tax AI Assistant designed to help BIR personnel retrieve, cross-reference, and analyze tax regulations, rulings, BIR issuances, and related tax materials more efficiently.

As companies adopt more apps, cloud services, and connected tools, a steady, reliable network has become the backbone of daily operations—but growing complexity means IT teams now spend valuable hours chasing alerts, tracing faults, and fixing connections instead of building technology that drives business forward.