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...
TOKYO (Jiji Press) -- Moves are underway in Japan to develop artificial intelligence tools designed to help reduce burdens on surgeons. While the number of cancer patients in the country is projected to peak around 2040 amid an aging population, not enough people want to become surgeons due to the...
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...
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...
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...
President Donald Trump signed an executive order on oversight of artificial intelligence Tuesday, less than two weeks after postponing a White House ceremony over his concerns that a similar policy could dull America 's technological edge. The order establishes a framework for the federal...
A Filipino-American performer is stepping into the spotlight with a fresh approach to music creation by embracing artificial intelligence as a creative tool while keeping human artistry at the center of the process. The artist behind the digital persona Tata Taktumi recently released the single...