The Bangko Sentral ng Pilipinas (BSP) and the Department of Justice (DOJ) have signed an information-sharing agreement aimed at speeding up the investigation and prosecution of financial account scams.
The Landbank Visa Government Purchase Card allows agencies to set credit limits, restrict transactions to approved merchant categories, and monitor purchases digitally. It is intended for low-value procurement, official travel and recurring expenses, among other expenditures permitted under government rules.
PLDT has completed a series of agreements with three Tagbanua Indigenous Cultural Communities (ICCs) and the National Commission on Indigenous Peoples (NCIP) for a submarine cable project intended to provide Palawan with additional network routes.
The Singtel Group is expanding its technology operations in the Philippines through NCS Philippines, a P1.87-billion joint venture between its technology services subsidiary NCS and Globe Telecom’s Yondu.
The Philippine IT and business process management (IT-BPM) industry could generate between $43.3 billion and $50.5 billion in revenue by 2028 as the sector shifts toward AI-enabled and higher-value services, according to the IT and Business Process Association of the Philippines (IBPAP).
Philippine-based outsourcing company Asiatel Outsourcing Inc. has begun trading on Canada’s TSX Venture Exchange as it seeks to expand in North America and move into higher-value knowledge process outsourcing services.
The Bangko Sentral ng Pilipinas (BSP) has issued governance principles for the use of artificial intelligence by banks and other BSP-supervised financial institutions (BSFIs), setting minimum supervisory expectations for managing the technology’s risks.
The Securities and Exchange Commission (SEC) is reopening the online lending app market nearly five years after freezing new entrants, but is doing so under a stricter regulatory regime meant to curb the abusive and predatory practices that have long dogged the sector.
The Philippine government is backing the planned expansion of Canadian enterprise software firm OpenText in the country, a move officials said could bring more investments in cloud computing, artificial intelligence (AI), cybersecurity, and other digital technologies while generating additional high-value jobs.
Hawaii-based outsourcing firm Connext Global said it is expanding its operations in the Philippines after posting 15% revenue growth in the first half of 2026, opening a new office in Cebu City and ramping up hiring to meet client demand.
