Friday, September 25, 2026
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Business IT

IBPAP appoints Celeste Ilagan as first woman president

Celeste B. Ilagan will succeed outgoing IBPAP president and CEO Jack Madrid, who is set to join speech AI company Sanas.

Gov’t eyes Mindanao as hub for AI-enabled industries, mineral processing

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).

IBPAP chief Jack Madrid leaves post to join speech AI firm Sanas

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.

PH credit confidence hits record high amid economic pressures

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.

Mitch Locsin, longtime BPO industry executive, dies at 55

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 tests satellite-to-phone service for emergencies in Batangas

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.

PH hits digital payments target as electronic transactions rise to 64.7%

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).

Vitro data center revenues rise 13% on hyperscaler demand

PLDT is expanding its Vitro data center network as rising demand from hyperscalers, enterprises, and government agencies drives growth in its digital infrastructure business.

BSP says lower transfer fees only part of financial inclusion push

The Bangko Sentral ng Pilipinas (BSP) has defended its push for banks to reduce or eliminate electronic fund transfer fees, saying lower charges could encourage more Filipinos to use digital payments but would not, by themselves, ensure financial inclusion.

DTI issues rules for sourcing technologies unavailable locally

The Department of Trade and Industry (DTI) has issued guidelines for certifying advanced technologies and specialized consulting services that are unavailable in the Philippines, allowing government agencies to procure them through certain foreign or international institutions.

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