The Philippines ranked among the world’s fastest-growing economies for intangible investments, with spending on assets such as research and development (R&D), software, brands, and intellectual property reaching $49.1 billion in 2022, according to a new report from the World Intellectual Property Organization (WIPO).
Pres. Ferdinand R. Marcos Jr. met with executives of cloud computing giant Amazon Web Services (AWS) in Malacañang on Wednesday, July 8, to discuss the company’s proposed investment in the Philippines, including the possible establishment of an AWS Region in the country.
State-run Land Bank of the Philippines said it is waiving InstaPay and PesoNet transfer fees for retail clients starting July 7, allowing customers to send money for free through the Landbank Mobile Banking App and iAccess.
Ahead of its July 16 launch, “Ragnarok: The New World” brought four veteran members of the Ragnarok community to its Shanghai studio to question the game’s developers in a livestream built around player concerns.
Canadian business process outsourcing (BPO) firm NQX is planning to invest P632 million in the Philippines and add 725 direct jobs as it expands its operations outside Metro Manila, according to the Department of Trade and Industry (DTI).
Online tax filing is helping more Filipinos formalize their income, but many of those using digital tax tools are still dealing with financial pressure, according to Taxumo’s 2026 State of Online Taxation report.
Canadian digital services firm Telus is looking to expand its Philippine operations in artificial intelligence (AI)-related services, healthcare support, software engineering, and workforce development, although the company has yet to announce a new investment amount or timeline for the planned growth.
Rizal Commercial Banking Corp. (RCBC) said it will waive InstaPay fees for person-to-person fund transfers made through its digital banking apps starting July 4, joining a growing number of banks lowering the cost of digital transactions as competition in mobile banking intensifies.
A Philippine-led online dialogue on women, countryside communities, and responsible artificial intelligence has been selected as a side event at the First Session of the Global Dialogue on AI Governance in Geneva on July 6 to 7.
Philippine companies are moving quickly to adopt artificial intelligence and strengthen their data capabilities, but many remain unprepared to deal with the resulting talent, compensation, and employee benefits challenges, according to a new human capital study by Aon.
