PLDT Inc. said artificial intelligence (AI) is vital to speeding up economic growth and improving lives across the Philippines.

SMAC, the country’s leading loyalty program, and BDO Remit, BDO Unibank’s trusted remittance service, have formed a new partnership to give more value to overseas Filipino workers (OFWs) and their families. The agreement was formalized in November at the BDO Corporate Center in Ortigas, Pasig.

Ayala Land Inc. has sold its 50 percent stake in Alabang Town Center to its joint venture partner, the Madrigal family, for ₱13.5 billion.