Technology companies to combat AI-generated content for deceptive purposes during elections
Major technology companies have signed a pact aimed at voluntarily adopting “reasonable precautions” to prevent the use of artificial intelligence...
Category: Business
Interest rates remain elevated experts predict economic growth decline
An economist from Pantheon Macroeconomics, Miguel Chanco, has warned that the Philippine economy might face a downturn this year due...
BSP advocates PhilID for banks and non-bank financial institutions
To further encourage the utilization of the Philippine Identification System (PhilSys), the Bangko Sentral ng Pilipinas (BSP) has directed all...
PH total financial resources reached an impressive P31 trillion
The Bangko Sentral ng Pilipinas (BSP) released data revealing that the Philippines’ total financial system resources surged to P31.056 trillion...
2023 Remittances Reached an All-Time High
Money sent home by Filipinos working abroad hit a record high of $3.6 billion in December, as reported by the...
Singapore economy expanded by 1.1% in 2023
Singapore’s economy grew less than anticipated last year, according to a government announcement on Thursday, which also highlighted ongoing geopolitical...
Landbank ramping up sustainable financing efforts through green deposits
The Government-owned Land Bank of the Philippines (Landbank) has bolstered its sustainable financing initiatives with the launch of its GreenGrowth...
TSMC disclosed plans to have second manufacturing facility in Japan
TSMC, the leading semiconductor manufacturer, has announced plans to construct a second foundry in Japan, in collaboration with local partners....
Cisco announced plans to lay off significant number of employees
On Wednesday, computer networking giant Cisco announced a significant restructuring plan that involves cutting thousands of jobs. Approximately 5 percent...
The PESO and Stock Market Have Rebounded
On Tuesday, the peso and stock market staged a recovery, reportedly buoyed by the country’s latest foreign direct investments (FDI)...
