Smart Communications and Globe Telecom have taken contrasting positions on the National Telecommunications Commission’s (NTC) findings on mobile broadband performance, with Smart saying it would work with the regulator to validate and address the issues while Globe questioned the findings based on separate government data.
The Securities and Exchange Commission (SEC) has ordered three investment schemes to stop soliciting funds from the public, including a website promoting AI-assisted stock trading and a business advertising guaranteed returns on social media.
Outgoing IBPAP president and CEO Jack Madrid said the industry’s strategy has shifted from expanding headcount toward developing capabilities for AI and higher-value work.
The Securities and Exchange Commission (SEC) has given DragonFi Securities Inc. final approval to test a financial product that would give eligible Philippine-based investors access to selected US stocks and exchange-traded funds (ETFs).
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.
