Sen. Bam Aquino highlighted the industry’s economic weight, noting that IT-BPM employs around 1.9 million Filipinos and contributes about 8.2% to the country’s gross domestic product.
The Securities and Exchange Commission (SEC) has fined Global Dominion Financing P50,000 for abusive debt collection practices, including the use of aggressive digital communications, as regulators tighten oversight of how financing firms deploy technology in dealing with borrowers.
A ₱1.75-billion credit facility aimed at expanding access to financing for micro, small, and medium enterprises (MSMEs) was formally launched on Feb. 6 through a partnership involving Fuse Financing, the credit unit of Mynt, operator of GCash, the Asian Development Bank, and the Mastercard Impact Fund.
IBPAP has emphasized the need for closer collaboration among companies, government agencies, and academic institutions to strengthen the country’s digital workforce and prepare Filipino professionals for higher-value roles.
Starting Jan. 30, corporations required to submit beneficial ownership information will do so through the Hierarchical and Applicable Relations and Beneficial Ownership Registry (Harbor), a digital system integrated with the SEC’s Electronic Filing and Submission Tool (eFAST).
The 2,600-square-meter facility, located at Golden Mile Business Park, represents an initial investment of nearly $1.2 million and is designed to produce high-performance air filtration products for international markets, primarily the United States.
The Board of Investments (BOI) approved ₱1.56 trillion worth of projects in 2025, marking the second consecutive year that approvals breached the ₱1.5-trillion level and posting the second-highest total in the agency’s 58-year history, according to the Department of Trade and Industry.
Philippine exports climbed 21.3% year on year to $6.9 billion in November 2025, powered largely by a sharp rebound in electronics shipments, the Department of Trade and Industry (DTI) said.
The Department of Trade and Industry (DTI), through the Board of Investments (BOI), said Tuesday, Dec. 23, that it has endorsed 29 new investment projects worth P124.81 billion, with information technology–business process management (IT-BPM) and digital services expected to account for the largest share of new jobs.
The Intellectual Property Office of the Philippines (IPOPHL) is preparing an agency-wide artificial intelligence strategy aimed at guiding responsible innovation while improving efficiency across its patent, trademark, and copyright functions.
