Tuesday, September 1, 2026
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CATEGORY

Business IT

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.

New service lets MSMEs accept card payments via smartphones

Visa and USSC Money Services Inc. (UMSI) have launched a service that allows micro, small, and medium enterprises (MSMEs) to accept contactless card payments through smartphones, eliminating the need for conventional point-of-sale (POS) terminals.

DTI, Converge open AI center for Filipino businesses

The Department of Trade and Industry (DTI) and Converge ICT Solutions Inc. have opened a center in Makati City that will provide local companies and startups with training, demonstrations, and technical guidance on adopting artificial intelligence (AI) and other digital tools.

Enterprise growth lifts Converge revenues to P22.4 billion

Converge ICT Solutions saw its enterprise business grow by double digits in the first half of 2026, helping offset slower growth in its residential broadband segment and pushing consolidated revenues to P22.4 billion.

Lipa IT park gets special economic zone status

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 launches in PH with support from 4 banks

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 firm eyes PH data centers amid Pax Silica debate

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.

On its 175th year, BPI plans wider AI rollout but says tech can’t replace trust

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.

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