Business process outsourcing firm Alorica is set to open a facility in Tuguegarao City on Sept. 23, marking the entry of the first large-scale BPO employer in Region 2.
Cloud computing purveyor Salesforce expects artificial intelligence to reshape the Philippines’ business process outsourcing industry by automating repetitive work while allowing employees to handle more complex and higher-value tasks.
The Philippine government is exploring the adoption of India’s Unified Payments Interface (UPI) technology to accelerate government aid distribution and reduce the cost of digital transactions.
Indian-led iSON Group is planning up to $375 million in additional investments in the Philippines over the next decade, covering telecom towers, agricultural technology, digital healthcare, and business process outsourcing, according to the Department of Trade and Industry (DTI).
The IT and Business Process Association of the Philippines (IBPAP) has formed a coalition with advisory firms, property developers, banks, and investment promotion agencies to attract more global companies to establish or expand operations in the country.
The Board of Investments (BOI) has introduced an interactive online guide designed to help investors navigate regulatory requirements, permits, and government procedures in the Philippines.
The Securities and Exchange Commission (SEC) has approved the planned initial public offering of GCash operator Mynt Inc., which could raise as much as P92.32 billion.
Local telecommunications companies have announced more than $2 billion in capital spending for 2026, with the total potentially reaching $2.45 billion once projected investments from DITO Telecommunity are included, according to the Department of Information and Communications Technology (DICT).
The Bangko Sentral ng Pilipinas (BSP) will provide eligible rural banks with a free three-year subscription to a cloud-based core banking system as part of a program aimed at accelerating their digital transformation.
Electronic products maintained their position as the Philippines’ dominant export earner, generating $4.79 billion and capturing 58.8 percent of the country’s total export revenue in July 2026, according to the Philippine Statistics Authority (PSA).
