MANILA, Philippines — The global boom in artificial intelligence (AI) could give the Philippines a chance to narrow its gap with faster-growing Asian semiconductor exporters, as rising demand for advanced chips and more diversified supply chains open the door to new investments. That is according to logistics giant FedEx and Frost & Sullivan, which, in a

UEC students would be subject to the same entry requirements as other applicants, Annuar says.

MANILA, Philippines — Net foreign direct investment (FDI) inflows to the Philippines rose to a six-month high in July, though investor sentiment remained subdued amid economic uncertainties at home and abroad. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed FDI inflows outpaced outflows by $689 million during the month, the highest since January’s net

MANILA, Philippines — The Philippines is expected to post narrower dollar deficits this year and in 2027 than previously forecast, as stronger exports fueled by the global artificial intelligence boom bolster foreign exchange inflows, the Bangko Sentral ng Pilipinas (BSP) said. The central bank projected a balance of payments (BoP) deficit of $9.2 billion by year-end,

MANILA, Philippines — Filipinos will still be allowed to buy and sell their personal used mobile devices without securing government permits under proposed regulations covering the commercial trade of refurbished phones, the National Telecommunications Commission (NTC) clarified. On Tuesday, the regulator said its draft rules on the importation and sale of refurbished mobile devices would

MANILA, Philippines — The Securities and Exchange Commission (SEC) has warned the public against investing in Maharlika Play, an unregistered platform offering returns of up to 333 percent in 45 days through a scheme supposedly financing high-stakes gaming. In an advisory, the regulator said Maharlika Play had neither SEC registration as a corporation, partnership or

MANILA, Philippines — Stock buybacks have become more visible at the Philippine Stock Exchange in recent months as share prices have weakened. When companies announce buybacks, one common reason they cite is that their share price has fallen far below what management believes is its intrinsic value. For investors, this can sound like a positive signal

MANILA, Philippines — Toyota Motor Philippines Corp. is bringing its Tamaraw back into the public transport market, this time as a modernized jeepney, building on the utility vehicle’s earlier popularity as a platform for UV Express services. Unveiled on Tuesday, the Tamaraw’s modern public utility vehicle (PUV) variant is the latest addition to its growing range

MANILA, Philippines — Having arrived in Manila only last month, Japan’s new envoy to the Philippines already hit the ground running, and among his first stops was a rather fitting one. Before getting swept up in the whirlwind of diplomatic engagements that come with his new post, Ambassador Kitagawa Katsuro found himself on Tuesday at the

The camp of Vice President Sara Duterte on Wednesday said the prosecution's withdrawal of three articles of impeachment is an admission that the allegations hurled against her lacked basis from the start.