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.
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.
