Pres. Ferdinand Marcos Jr. has designated a 28.8-hectare information technology park in Lipa City, Batangas as a special economic zone, placing the development under the Philippine Economic Zone Authority (PEZA).
Apple Pay is now available in the Philippines, allowing users to make contactless and online payments through their iPhone, Apple Watch, iPad, and Mac.
Singapore-based Universal Success Enterprises Limited (USEL) is exploring investments in Philippine data centers and logistics parks as the government promotes the country as a regional digital infrastructure hub amid questions surrounding its proposed Pax Silica initiative.
The Bank of the Philippine Islands (BPI) is developing an agentic artificial intelligence (AI) system for auto loan processing as part of a broader plan to deploy the technology across customer service, credit evaluation, and other banking operations.
Philippine merchandise exports reached a record $8.8 billion in June 2026 as growing demand for semiconductors used in artificial intelligence, Internet of Things devices, and hyperscale data centers boosted electronics shipments.
The Bangko Sentral ng Pilipinas (BSP) and Philippine Payments Management Inc. (PPMI) have launched three interoperable payment services covering recurring bills, account funding, and higher-value business transfers.
A bill filed in the House of Representatives seeks to require financial institutions to consider alternative consumer data in credit assessments, potentially giving Filipinos without conventional banking records greater access to loans and other financial services.
Globe Telecom has partnered with Japanese telecommunications company KDDI Corporation to explore new mobile services and retail formats in the Philippines as the Ayala-led operator seeks additional revenue streams beyond connectivity.
Citi is expanding its use of artificial intelligence to improve internal productivity and client services while maintaining human accountability for decisions made with the technology.
PLDT and Globe Telecom are positioning their data centers, cloud platforms, and cybersecurity services to support government agencies following the issuance of Executive Order No. 119, which imposes residency requirements on highly sensitive government information.
