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BusinessWorld
PHL urged to remain unwavering in digital transformation amid evolving cyberthreats — CICC
The Philippines should not hold back on pursuing digital transformation despite increasingly sophisticated cyber threats, but should instead strengthen cybersecurity through a multi-sectoral approach, according to the Cybercrime Investigation and Coordinating Center (CICC) on Friday. “The challenge before us is not to slow down innovation, but to secure it,” Renato “Aboy” A. Paraiso, executive director […]
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FEU Tech rolls out OpenAI tools
The Far Eastern University Institute of Technology (FEU Tech) said on Friday that it aims to become an artificial intelligence (AI)-native university through a partnership with the research company OpenAI. “AI is no longer an optional skill for students or faculty. The opportunity here is leadership,” FEU Tech Senior Executive Director Benson Tan said in […]
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Maximum salary loan term now at seven years
THE CENTRAL BANK has increased the maximum repayment period for salary-based loans to seven years to give employees financial flexibility while also ensuring responsible borrowing. This comes amid long-time calls from teachers asking for longer loan terms to help ease their financial burden. “The Bangko Sentral recognizes the helpful role of salary-based, consumer lending schemes […]
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Approved building permits fall 6.8% in April
By Heather Caitlin P. Mañago, Researcher Building permit approvals fell by 6.8% in April, dragged by weaker residential construction and developers’ caution amid high borrowing and construction costs, the Philippine Statistics Authority (PSA) reported. Preliminary data showed building projects covered by the permits totaled 13,677 in April from the revised 14,676 a year earlier. The […]
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Experts call to end mercury use in cosmetic products
The Chamber of Cosmetics Industry of the Philippines (CCIP) brought together experts for “Breaking the Cycle: Ending Mercury Use in Skin Lightening Products” at the World Trade Center in Pasay City on Thursday. According to Ateneo School of Medicine and Public Health (ASMPH) Center for Research and Innovation program head Gemmin Louis C. Apostol, mercury […]
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BSP looking into BPI online banking outage
THE BANGKO SENTRAL ng Pilipinas (BSP) is looking into the downtime that affected Bank of the Philippine Islands (BPI) earlier this week to ensure the full restoration of services. “(T)he BSP is aware of the recent service disruptions experienced by BPI clients and is actively coordinating with the bank to ensure that appropriate measures are […]
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LPA intensifies into tropical depression, may further strengthen into typhoon
The low pressure area recently being monitored has developed into a tropical depression and may further intensify into a typhoon, potentially triggering the hoisting of storm Signal No. 1 over some areas, according to the state weather bureau on Friday. The tropical depression developed at around 2 a.m. and will be named Francisco once it […]
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Rapid AI adoption shifting PHL workplace focus to human-centered value
PHILIPPINE ORGANIZATIONS are increasingly prioritizing artificial intelligence (AI) literacy as focus shifts from mere productivity to value-driven, human-centered outcomes. “There are a lot of factors that organizations really look at in terms of adopting AI, but what we do know is that 36% of organizations as of the first quarter of the year have already […]
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BSP sets rules for digital financial marketplace activities
THE BANGKO SENTRAL ng Pilipinas (BSP) has released guidelines covering banks’ and electric money issuers’ (EMIs) digital marketplace activities, paving the way for them to offer products on a single platform to make the financial sector more inclusive and customer-centric. Circular No. 1237 Series of 2026 signed by BSP Governor Eli M. Remolona, Jr. on […]
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