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Business IT

DigiPlus profit drops 33% in Q1 amid e-wallet delinking order

DigiPlus Interactive Corp. reported a 33% decline in net income to P2.8 billion in the first quarter of 2026, citing the impact of a central bank order requiring the delinking of e-wallet access from online gaming platforms.

PH stays off USTR IP watch list for 13th year

The Philippines has remained off the United States Trade Representative (USTR)’s Special 301 Watch List for the 13th straight year, reflecting continued efforts to strengthen intellectual property (IP) protection and enforcement.

PH exports surge to all-time high, led by semiconductors

The Philippines’ export sector posted a record monthly performance in March 2026, driven largely by sustained global demand for electronics used in emerging technologies.

PH digital economy grows to ₱2.74T, accounts for 9.8% of GDP in 2025 — PSA

The latest data showed a 5.4% increase from ₱2.59 trillion in 2024, indicating continued — though more moderate — growth in digital-related activities across the economy.

Ayala-owned semicon firm IMI returns to profitability in 2025

Semiconductor company Integrated Microelectronics Inc. (IMI) reported a return to profitability in 2025, posting improved margins and earnings following a multi-year restructuring program.

Converge tops PH broadband speed rankings in Q1 2026 — report

Converge ICT Solutions ranked as the fastest broadband provider in the Philippines for the first quarter of 2026, based on a report by analytics firm V-SPEED.

DOF chief meets US tech firm’s CEO to push PH semicon expansion

onsemi has operated in the country for more than 30 years and employs over 6,000 workers.

US eyes Luzon hub for semicon, electronics production

The Philippines has joined the US-led Pax Silica initiative, with both countries announcing plans to establish a 4,000-acre industrial hub in Luzon aimed at strengthening supply chains for critical industries such as semiconductors and electronics.

PH emerges as key Starlink market, but performance lags fiber — report

The Philippines has become one of the largest markets for satellite internet service Starlink in Asia-Pacific, but performance still trails traditional broadband, according to a new report by Ookla.

SEC to allow paperless filing for corporate amendments via online portal

The Securities and Exchange Commission (SEC) is planning to allow corporations to file certain amendment applications without submitting physical documents, as part of efforts to streamline regulatory processes and support digitalization.

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