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.
With artificial intelligence (AI) emerging as a major force behind front-line detection systems and data analysis during the Covid-19 pandemic, Microsoft Philippines has deemed it fit to partner with several organizations and the Department of Trade and Industry (DTI) to push for the widespread adoption of the technology in the country through an initiative called "AI Pilipinas Coalition".