I wouldn’t put the Pope and AI in one sentence, but Pope Leo XIV, the first US-born pontiff, continues to surprise and impress. Days after his election as head of the Catholic Church last year, Pope Leo XIV said he considered AI the biggest challenge facing humanity today. With this in mind, it...
The Philippine financial sector is entering a new era where artificial intelligence (AI) is no longer limited to chatbots or automated customer service. Increasingly, banks and financial technology (fintech) firms are adopting AI-driven risk and identity solutions designed to verify users, prevent...
For many years, when we spoke of prosperity corridors, we imagined highways, ports, railways, industrial estates, and airports. These remain essential. Goods still need to move. Workers still need transport. Factories still need land, power, water, and logistics. But the next prosperity corridor in...
Graduation season is in the air, with students dressed in flowing togas and bright smiles. Hopeful graduates, excited for their futures, marched to claim their hard-earned diplomas. But as they took their seats for the commencement speeches by distinguished guests, which were supposed to provide...
Governments across Asia-Pacific, including the Philippines, are rapidly elevating sovereign artificial intelligence (AI) as a national priority, although challenges related to skills shortages, trust, and infrastructure readiness continue to hinder large-scale deployment, according to a study...
Philippine chief executives are among the world’s most confident adopters of artificial intelligence (AI), with many already relying on AI-generated insights for major business decisions amid the rapid transformation of corporate leadership structures, according to a new study by tech giant IBM....
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...
