The Philippines is among the few Asian economies where workers have posted relatively strong wage gains during the artificial intelligence (AI)-driven export boom, but those gains are unlikely to be sustained without a broader manufacturing recovery, according to think tank Oxford Economics. In a...
Nearly three in four consumers worldwide trust personal artificial intelligence (AI) agents to make purchases on their behalf, according to a report by global professional services company Accenture. Based on Accenture’s 2026 Consumer Pulse Survey, around 74 percent of consumers would rather let...
The Philippines aims to complete negotiations with the United States (US) on the long-term framework governing the artificial intelligence (AI) industrial hub at New Clark City in Tarlac province under the Pax Silica partnership within two to three months, according to state-run Bases Conversion...
We are addicted to instant. Instant coffee. Instant noodles. Instant messages. Instant loans. Instant delivery. Instant answers. Instant fame. Instant outrage. We want everything now. Watch people waiting for an elevator. The button is already lit, but someone will press it again. And again. As if...
As artificial intelligence (AI) becomes more deeply embedded in financial operations, the Bangko Sentral ng Pilipinas (BSP) has urged banks and nonbanks to establish tailored governance frameworks to protect the financial system from data privacy breaches, algorithmic bias, and operational risks....
The Philippines joined 34 other economies, led by the United States (US), in affirming a shared commitment to align government regulations on artificial intelligence (AI) with the goal of strengthening global supply chains. The US State Department announced on Friday, June 26 (US time), that a...
Technology startup NMBLR.ai is on track to increase its profits by more than 50 percent this year, driven by robust demand for enterprise artificial intelligence (AI) solutions aimed at streamlining corporate operations. Winston Damarillo, founder and chief executive officer (CEO) of NMBLR, said...
Telecommunications giant PLDT Inc. is open to investing in the planned artificial intelligence (AI) hub in New Clark City, but the absence of a clear roadmap for the data center industry could throw the plan into disarray, according to tycoon Manuel V. Pangilinan. Pangilinan, chairman and chief...
The World Bank Group (WBG) has lowered its 2026 growth forecast for the Philippines to 3.7 percent, warning that the ongoing war in the Middle East is weighing heavily on energy-importing economies and threatening to push global growth to its weakest pace since the onset of the Covid-19 pandemic....
Rising living costs are forcing more Filipino households to sacrifice long-term financial security in order to cope with immediate financial pressures, according to the latest Financial Resilience Index released by Sun Life Philippines. In a statement on Thursday, June 11, the insurer said its...
Artificial intelligence (AI) is beginning to reshape trade processes across the Asia-Pacific region, but adoption remains limited as economies grapple with skills shortages, infrastructure costs, as well as regulatory challenges, according to a joint study by the Bangkok-based United Nations...
Sari-sari stores using artificial intelligence (AI) for inventory planning recorded higher sales, with median revenue from their top 50 products rising by nearly four-fifths, according to Filipino technology startup Packworks. In a statement on Wednesday, June 10, Packworks said that the findings...
