TAGPROS, which is based at the University of the Philippines Diliman campus in Quezon City, has invested P46.7 million for its Learning Management Systems (LMS) project. The company is now in operation, employing about 874 personnel, majority of which are teachers.
From last year’s 51st rank, the Philippines slumped to 59th place in the newly released 2022 Global Innovation Index (GII) which studied 132 economies worldwide.
Ayala-owned telco Globe will no longer be using the word “Telecom” in its trade name and marketing collaterals as it transitions to a digital solutions provider and veer away from its core telecommunications business.
The approved guidelines set out the supervisory expectations of the Bangko Sentral ng Pilipinas with regard to corporate and risk governance of digital banks as well as the applicable prudential regulations on capital, leverage, and liquidity.
Asia-Pacific spending on AI systems (including hardware, software, and services) will rise from $20.6 billion in 2022 to around $46.6 billion in 2026, according to analyst firm IDC.