As smart cities continue to grow, urban development becomes an increasingly complex task that requires advanced systems powered by artificial intelligence (AI) capabilities. The development of smart cities requires intelligent systems that can analyze extensive datasets and data-driven algorithms...
Mobile payment providers Apple Pay and Google Pay will not need to register with the Bangko Sentral ng Pilipinas (BSP) if they plan to enter the Philippine market, as the central bank does not qualify them as operators of payment systems (OPS). BSP Deputy Governor Mamerto Tangonan stated that the...
Belle Corp., the SM Group’s leisure property and gaming unit, reported a nine percent dip in net income to ₱801 million in the first six months of 2025 from the ₱882.4 million recorded for the same period last year due to lower sales at Tagaytay Highlands and a decline in earnings of City of...
Aboitiz Power Corp. (AboitizPower) announced that a subsidiary of its Therma Power Inc. will construct a battery energy storage system (BESS) in Cebu, which will be slated for commissioning by next year. In a statement, AboitizPower said Therma Power’s East Asia Utilities Corp. (EAUC) will soon...
Low-cost carrier Cebu Pacific has signed new agreements with foreign aviation companies covering operations and maintenance, as the airline prepares to expand into new domestic and international destinations. In separate statements on Tuesday, June 17, the Gokongwei-led airline announced that it...
SPC Power Corporation is actively exploring new project acquisitions and developments, including the integration of renewable energy (RE) sources. During the annual stockholders ' meeting on June 11, SPC Power Chairman Alfredo L. Henares stated that the company aims to support the Philippines...
Tanco-led STI Education Systems Holdings, Inc., owner of the country 's largest network of private schools, posted a 45 percent jump in net income to ₱1.62 billion in the nine-month period ended March 31, 2025, from ₱1.12 billion in the same period last year. “The significant net income...
Senator Grace Poe on Friday, May 16 called for the development of guidelines and tools that would ensure artificial intelligence (AI) systems in the country are ethical and inclusive, and innovative. Poe said the question of governance becomes increasingly urgent as AI continues to disrupt and...
The Bangko Sentral ng Pilipinas (BSP) could mandate that all banks, e-wallets, and clearing houses adopt the internationally accepted ISO 20022 messaging standard, modernizing domestic payment systems and aligning with global financial protocols. In a draft circular dated April 2025, the BSB noted...
The Department of Energy (DOE) is anticipating a total of 19,190 megawatts (MW) worth of energy projects from 2025 to 2030, spanning across non-renewable and renewable energy (RE). These capacities projected by the DOE would help meet the country’s rising power demand and further support economic...
Lottery firm Pacific Online Systems Corporation (POSC) is rethinking its investment into the online gaming business amid regulatory uncertainty due to government threats to ban Philippine inland gaming operators (PIGOs) if it gives rise to problems similar to that of Philippine offshore gaming...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez led on Wednesday, April 30, led the inauguration of the ₱50-million Castañas Centro Communal Irrigation System (CIS) in Barangay Castañas, Sariaya, Quezon....
