Samarkand, UZBEKISTAN — The information technology and business process management (IT-BPM) industry, the Philippines’ top dollar earner, needs to overcome infrastructure and talent challenges while keeping pace with emerging technologies such as artificial intelligence (AI) to maintain its...
HONG KONG (AP) — On a recent weekday, around 50 people gathered outside the headquarters of a Chinese mobile internet company, waiting to get help with installing an artificial intelligence assistant. The scene in Beijing, China 's capital, was repeated for days at several events and was...
Samarkand, UZBEKISTAN — “So many” developing Asia-Pacific economies are scrambling to secure concessional financing from the Asian Development Bank (ADB) to bankroll their response to crises caused by the war in the Middle East. “We have already received so many requests from so many...
Artificial intelligence (AI) is no longer a futuristic concept reserved for Silicon Valley or global banks—it is already reshaping how Filipinos save, borrow, spend, work, and do business. The question now is no longer whether AI will change the Philippine economy; it already is. The more urgent...
Businesses have turned more pessimistic about the global economic outlook amid the ongoing United States (US)/Israel war with Iran, according to think tank Oxford Economics. In an April 30 report, Oxford Economics head of macro scenarios Jamie Thompson said the conflict in the Middle East is...
The APEC Business Advisory Council (ABAC) has urged Asia-Pacific governments to take immediate and coordinated action to address mounting economic pressures, including trade fragmentation, energy market shocks, and persistent supply chain disruptions, warning that business confidence across the...
Filipinos who actively use digital financial platforms are significantly more likely to own bank accounts and conduct formal financial transactions, with the state-run policy think tank saying stronger digital engagement is a key driver of financial inclusion in the country even as barriers such as...
Despite escalating tensions in the Middle East, the Board of Investments (BOI) is pressing ahead with investor engagements in the region, as firms signal continued interest in Philippine projects and new opportunities emerge from the country’s inclusion in the United States (US)-led Pax Silica...
Artificial intelligence is now a force reshaping how value is created, owned, and shared. As the international community marks World Intellectual Property Day today and the Philippines steps into a leadership role in ASEAN’s push for stronger intellectual property (IP) valuation and...
Groundbreaking for the planned United States (US) economic security zone in the Philippines could take place within the current Marcos Jr. administration, with the project expected to generate hundreds of thousands of jobs once fully developed, Philippine investment officials said. Officials from...
If you walk through a modern factory today, you’ll see plenty of robots, but they aren’t exactly “smart.” Most are still following rigid scripts: move to point A, pick up a part, move to point B, and repeat. They are fast and precise, but they are essentially blind to the world around...
ILOILO CITY – Tech giant Huawei is bringing its solar technology powered by artificial intelligence (AI) to Western Visayas region. Huawei Digital Power inked partnerships with Filipino companies to bring its cutting edge renewable energy services to the country, including Western Visayas, which...
