Telecommunications giant PLDT reported an 8% decline in net income to P21.7 billion in the first nine months of 2026, even as service revenues increased and its enterprise and data center businesses posted growth.
The IT and Business Process Association of the Philippines (IBPAP) recently reported that the total headcount of full-time employees in the local IT-BPM sector is now at 1.55 million with total revenue valued at $32 billion driven by industry-wide stabilization and reinvigorated support from the public sector.
