A group of education workers on Thursday, August 14, denounced the Marcos administration’s proposed P10.77 billion in confidential and intelligence funds (CIF) for 2026, branding them “pork barrel in disguise” and demanding their reallocation to education and social services. The Alliance of...
Tempered household consumption, still reeling from the pandemic-induced recession, is weighing on the Philippine growth outlook, according to the Economist Intelligence Unit (EIU). With private consumption—which accounts for more than 70 percent of the local economy—showing “weak momentum,”...
Generative AI is changing not just what we do, but how we think. Students are using tools like ChatGPT and Google’s AI to draft essays, solve complex math problems, and learn new concepts. A recent article in TIME highlighted that many young people are learning to think with AI, not just...
Senate President Francis “Chiz” Escudero has filed a bill seeking to impose stringent penalties, including prison terms, against any person responsible of using artificial intelligence (AI) to spread false information, malign individuals and promote questionable investment schemes. In...
DAVAO CITY – The Mindanao Development Authority actively integrates artificial intelligence technologies to promote innovation and sustainable economic growth across Mindanao, particularly in agriculture and small-and medium-sized businesses. MinDA Assistant Secretary Romeo Montenegro emphasized...
With a soon-to-be-finalized trade deal that benefits the United States (US) more than the Philippines, the latter’s exports and foreign direct investments (FDIs) would take a hit and lose out to its Southeast Asian neighbors, according to the Economist Intelligence Unit (EIU). “The...
The Philippines stands to benefit from higher connectivity that meets the demands of artificial intelligence (AI) as a regional consortium of telco players, including Globe Telecom Inc., plots course for a new submarine cable system. In a statement, Globe said it is representing the Philippines in...
Despite the growing popularity of artificial intelligence (AI), Dublin-based professional services company Accenture found that only 10 percent of banks in the Asia-Pacific (APAC) region are equipped to reap the full benefits of AI. In its report, Accenture surveyed 93 banks in the APAC region,...
Senator Paolo “Bam” Aquino IV is mulling filing a measure that would prevent the spread of scams using artificial intelligence or AI-generated videos. Aquino said it is high-time to outlaw the use of a person’s image in deepfakes to deceive or defraud the public. “Kailangang mapatawan ng...
Philippine companies are planning to spend a more substantial amount of their capital in network upgrades to prepare for the steady rollout of artificial intelligence (AI), which is seen to be a key driver in revenue. In a study by United States-based multinational technology giant Cisco, it was...
The Private Sector Advisory Council (PSAC) is recommending the establishment of a government-led roadmap aimed at equipping Filipinos with the capacity to successfully harness artificial intelligence (AI). PSAC, through its jobs and education sector, recently presented to President Ferdinand...
The Economist Intelligence Unit (EIU) still expects jumbo interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) for the rest of 2025 as monetary authorities are seen prolonging the easing cycle. “We expect the BSP to continue cutting rates at each of its remaining meetings this year in...
