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).
The Board of Investments (BOI) is positioning Mindanao as a potential hub for AI-enabled industries, semiconductor design, mineral processing, and other higher-value activities under the government's 2026 Strategic Investment Priority Plan (SIPP).
Jack Madrid is leaving his post as president and CEO of the IT & Business Process Association of the Philippines (IBPAP) to take on a new role at speech artificial intelligence company Sanas.
The credit confidence of Filipinos climbed to a record high in 2026 despite inflation and rising living costs, as more consumers turned to digital banks and formal financial products, according to TransUnion.
Albert Mitchell “Mitch” Locsin, a longtime executive and advocate of the Philippine information technology and business process management industry, died on Wednesday, Aug. 19. He was 55.
Smart Communications and Lynk Global have expanded tests of direct-to-device (D2D) satellite connectivity to Batangas, examining how the technology could provide emergency communications when terrestrial mobile networks are disrupted by disasters.
Digital payments accounted for 64.7% of retail transactions in the Philippines in 2025, putting the country within the government’s target range for digital payments through 2028, according to the Bangko Sentral ng Pilipinas (BSP).
