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...
Philippine stocks remain among Asia’s weakest performers as investors continue to favor markets benefiting from the artificial intelligence (AI) boom, while concerns over domestic economic, investment, and policy conditions weigh on sentiment, according to Singapore-based DBS Bank Ltd. In a...
Apple has wrapped up this year’s Worldwide Developers Conference with an AI-forward future. The highlight of the event is a revamped Siri. Now called Siri AI, this upgrade features context awareness that goes in tandem with Apple Intelligence. These updates encompass iOS 27, iPad OS, and macOS...
The Philippines recorded the lowest demand for digital skills among six Asia-Pacific economies studied by the Manila-based Asian Development Bank (ADB), although employers’ requirements for digital competencies have been rising steadily as technology spreads across a broader range of occupations....
The Philippines’ information technology and business process management (IT-BPM) sector has emerged as the most viable investment destination for American artificial intelligence (AI) firms, according to the United States Commercial Service (USCS). USCS Manila commercial specialist Easter...
WASHINGTON (AP) — The environmental footprint of data centers already rivals some of the world 's largest countries, according to a United Nations University report, which also predicts their water and energy use and pollution will double in just four years as use of artificial intelligence...
Finding the perfect outfit online is always a bit of a gamble for Pinoy shoppers. Whether you are hunting for a cozy cardigan to survive the office air conditioning, hunting for a fresh outfit for a weekend getaway in Out of Office mode, or choosing sharp attire for a crucial job interview,...
The Philippines risks remaining a mere host for foreign-led artificial intelligence (AI) and semiconductor investments under the emerging United States (US)-led Pax Silica initiative unless it develops stronger domestic technological and industrial capabilities, according to the University of the...
Microsoft is expanding its AI lineup with the launch of Microsoft Scout, the first product in what the company is calling a new category of AI agents called Autopilots, always-on agents that work independently on behalf of users throughout the workday. Unlike traditional AI assistants that respond...