Converge ICT Solutions reported a nearly 4% increase in revenue to P34.2 billion in the first nine months of 2026, driven by its enterprise business, as the broadband provider prepares to expand into artificial intelligence (AI) services, additional data centers, and lower-cost Internet offerings amid slower economic growth.

Ayala-owned Integrated Micro-Electronics Inc. (IMI) has secured new power module packaging business for data center applications, expanding its manufacturing activities into infrastructure supporting cloud services and artificial intelligence workloads.

Chinese-owned online marketplace Temu has signed the Memorandum of Understanding (MOU) on E-Commerce with the Intellectual Property Office of the Philippines (IPOPHL), joining an intellectual property (IP) protection initiative amid documented concerns over counterfeit products sold on its platform.

Central banks need to consider how artificial intelligence (AI) could affect their ability to maintain price and financial stability, Bangko Sentral ng Pilipinas (BSP) governor Eli M. Remolona Jr. said.

The Securities and Exchange Commission (SEC) has launched a system-wide security audit following a data security incident detected on Nov. 6, amid claims that approximately 487,000 lines of data associated with the agency have been posted on an online cybersecurity forum.

The Bureau of Internal Revenue (BIR) is coordinating with government cybersecurity agencies following allegations that a threat actor gained unauthorized access to more than 10 million individual taxpayer records, along with corporate and business information.

Julian Gorman, head of Asia Pacific at GSMA, noted that Filipinos are relatively open about discussing their financial losses from digital fraud, including on social media. He considers this a positive development because it encourages public discussion, raises awareness, and puts pressure on institutions to improve online security.

The National Privacy Commission (NPC) said it will verify reports of alleged data leaks involving several government agencies following a series of reported cyberattacks on November 5.

Startup founders will meet with venture capital firms, technology companies, and potential business partners at Philippine Startup Week (PSW) 2026, scheduled for November 9 to 12 at the Quezon City MICE Center.

Limited access to capital remains the biggest obstacle to startup development in Western Visayas, with businesses struggling to move beyond the idea stage, according to a regional ecosystem mapping report released by the Unified Movement in Western Visayas to Accelerate Startup and Spinoff Development (UMWAD).

OnlyFun.PH has launched FollowBet x VMX Live, an online gambling platform that combines livestreams featuring Filipino celebrities with real-time betting and games.

Convert PH Inc., the company behind local Meta advertising agency convert.ph, has launched a self-serve Web application that generates Facebook ad campaigns from basic business information.

Filipino motorists reported better experiences in buying and maintaining vehicles in 2026, with improvements in dealership sales and after-sales services driving higher customer satisfaction across the Philippine automotive industry, according to a new study.

Dongfeng Motors Philippines has launched the Mage EV, an electric SUV with a claimed driving range of 530 kilometers, priced at P1.398 million.

The Department of Trade and Industry (DTI) is proposing mandatory safety certification for light electric vehicles (LEVs) and their batteries before they can be sold in the Philippines, citing risks involving electrical malfunctions, overheating, and fires.

Electrified vehicle sales in the Philippines rose 136.4% to 38,286 units from January to July 2026, even as overall vehicle sales fell 10.2%, as the 14th Philippine Electric Vehicle Summit opened Thursday, Oct. 22, at the SMX Convention Center in Pasay City.

The Philippines has the highest proportion of “Savvy Shoppers” among six Southeast Asian markets surveyed, with 36% of Filipino consumers falling under the classification, according to a study by research firm Cube in partnership with Lazada.

LG Philippines has previewed new washing machines, dryers, refrigerators, and cooking appliances scheduled to reach local stores in 2027, although prices and specific release dates have yet to be announced.

The Department of Tourism (DOT) has partnered with Rakuten Viber to offer free business accounts, digital training, and promotional support to accredited tourism micro, small, and medium enterprises (MSMEs).

LG Electronics has launched its 2026 television lineup in the Philippines, introducing new OLED, Micro RGB, and QNED models with AI-powered picture and audio features and screen sizes of up to 115 inches.