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Business IT

Bam Aquino urges DTI to reconsider mandatory ‘Trustmark’ rule for online firms

According to Sen. Bam Aquino, the Internet Transactions Act defines the Trustmark as a voluntary program that sellers may choose to obtain to boost consumer confidence, not a mandatory one.

TaskUs opens new site ‘Hiraya’ in Las Piñas

The site, named after the Filipino word meaning the fulfillment of hopes and dreams, is designed as a flexible, multilingual operations center.

PH unveils 5-year action plan to prop up semicon workforce

The Semiconductor and Electronics Industry Advisory Council (SEIAC) has unveiled a five-year workforce development plan that places skills training at the center of efforts to sustain the Philippines’ role in the global semiconductor and electronics sector.

ePLDT, Dell, and Katonic launch first ‘sovereign AI’ platform in PH

Sovereign AI refers to AI systems and platforms that are developed, hosted, and managed within a country’s borders, ensuring that critical data and workloads remain under local jurisdiction.

DTI seizes P13M in uncertified appliances sold online

Over 3,000 products — including electric kettles, fans, pressure cookers, rice cookers, multi-cookers, induction cookers, and blenders — were confiscated after DTI’s online monitoring teams flagged suspicious listings.

PH outpacing global BPO growth, eyes AI and global capability centers

IBPAP president Jack Madrid said another growth engine lies in Global Capability Centers — in-house hubs of multinational firms that manage functions from finance and HR to IT, data analytics, and digital services.

SEC lifts suspension on Jia Financing, clears firm to resume SME lending

In a resolution dated Sept. 9, 2025, the SEC granted Jia’s Motion for Partial Reconsideration and confirmed that the earlier suspension of its Certificate of Authority was administrative in nature and not related to the company’s lending practices or business model.

BSP to close application for digital bank licenses by Dec. 2025

The Bangko Sentral ng Pilipinas (BSP) announced on Thursday, Sept. 25, that it will stop accepting new applications for digital banking licenses beginning Dec. 1, 2025, effectively closing the application window just 11 months after it was reopened.

ACC 2025 | AI, satellite Internet, and cybersecurity seen as telecom’s next frontiers

The Asian Carriers Conference (ACC) 2025, hosted by PLDT Global from Sept. 15 to 19, zeroed in on the technologies set to transform the telecom sector: from artificial intelligence (AI) and satellite broadband to advanced cybersecurity frameworks.

PH offshoring industry seen to hit $61B by 2030, add nearly 1-M jobs

The projection marks a 69% jump from the industry’s current estimated contribution of $36 billion and would raise its share of gross domestic product (GDP) from 8.23% to 10.14% over the next five years.

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