Tag: Tariff

San Miguel Food and Beverage Inc. (SMFB) reported Wednesday that its net income fell 4 percent to P22.1 billion in the first half of the year, down from P22.96 billion in the same period last year. The decline came as higher commodity prices, slower economic growth, and global supply chain issues reduced consumer spending and hurt some export markets.

Artificial intelligence is projected to unlock US$50.7 billion in economic value for Philippine businesses by 2030, driving growth and competitiveness. While most firms have started using AI, 65 percent remain stuck in pilot stages due to gaps in infrastructure, system integration, and skilled talent.

Smart Communications has launched Apple Pay for its subscribers, offering a fast, secure way to buy load and settle bills beginning August 4.

The Philippine Chamber of Commerce and Industry (PCCI) has endorsed the proposed Pax Silica AI hub, calling it a "once-in-a-lifetime" opportunity for the country to secure a foothold in one of the world's fastest-growing industries and move up the global technology value chain.