The Philippine Stock Exchange index (PSEi) ended May at 6,341, marking a 9 percent rebound from its 7 April low but still registering a 3 percent decline year-to-date, the securities unit of the Bank of the Philippine Islands said in a research note Thursday.
The ASEAN+ markets are outpacing Asia Pacific (AP) peers in hybrid infrastructure adoption for AI workloads, with 68 percent of organizations favoring on-premise or hybrid setups, according to Lenovo’s latest CIO Playbook 2025: It’s Time for AI-nomics, developed in partnership with IDC. The uptake, the study finds, reflects the region’s drive for secure, low-latency AI operations, particularly in fast-digitizing economies like the Philippines.
The Philippine Chamber of Telecommunications Operators (PCTO), representing the country’s top telcos, has urged Malacañang to closely review the recently ratified Konektadong Pinoy Act before presidential approval, citing serious concerns over national security, regulatory imbalance, and long-term industry stability.
Disney and Universal have filed a joint lawsuit against AI-powered imaged generator Midjourney, accusing it of mass copyright infringement for allowing users to generate images resembling characters from Star Wars, Shrek, The Simpsons, and Minions without authorization.