In a speech delivered during the Post-State of the Nation Address Philippine Economic Briefing (PEB) in Laoag City, Ilocos Norte, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. underscored the BSP’s commitment to further championing its sustainability agenda in the financial system. “We want to strengthen our programs for sustainability, but we want […]
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Lazada, the top e-commerce platform in Southeast Asia, has recently announced the results of its annual Ecological, Social, and Governance (ESG) impact report in 2023, which demonstrates its commitment to using e-commerce in initiating actions based on a genuine concern for others. The report entitled “Enriching Lives, Emerging Stronger” highlights all the positives generated by […]
Digital Pilipinas recently gathered industry leaders and partners championing innovation, ESG, sustainable finance, and the startup community in the country to discuss how an interoperable ecosystem can benefit from cross-industry and cross-border collaborations. Dubbed “Championing Sustainable Finance and the Startup Community in a Digital Pilipinas,” the event featured top executives from Ayala Corporation, Tangere, Dragonpay, Singapore […]
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, launched two open-source large vision language models (LVLM): Qwen-VL, and its conversationally fine-tuned Qwen-VL-Chat. The models can comprehend images, texts, and bounding boxes in prompts and facilitate multi-round question answering in both English and Chinese. Qwen-VL is the multimodal version of Qwen-7B, Alibaba Cloud’s 7-billion-parameter […]
Philippine Savings Bank (PSBank), the thrift bank division of Metrobank, reported a double-digit increase in its net income for the first half of this year. According to PSBank, its net income between January to June this year has already reached P2.17 billion, an 18% increase compared to the P1.84 billion income it reported for the […]
Amazon Web Services (AWS), a comprehensive, evolving cloud computing platform provided by Amazon, sees itself helping drive the impending widespread adoption of Machine Learning (ML) and Artificial Intelligence (AI) applications, and the company intends to do this feat by making it easy, practical, and cost-effective for customers to use generative AI in their businesses. The […]
A top official of the Development Bank of the Philippines (DBP) announced that as part of its efforts to advance innovative, sustainable, and efficient farming practices in Albay, the state-owned bank recently granted P500 million in funding to support various farmer cooperatives in the province. Michael O. de Jesus, President and Chief Executive Officer of […]
New cards to deliver high-performance, stunning gaming experiences, and superior performance-per-dollar AMD (NASDAQ: AMD) has just unveiled at Gamescom two new enthusiast-class graphics cards — the AMD Radeon RX 7800 XT and the Radeon RX 7700 XT. The AMD Radeon RX 7800 XT and Radeon RX 7700 XT (IMAGE CREDIT: www.gsmarena.com) The new graphics cards are […]
The Bank of the Philippine Islands (BPI) informed the Philippine Stock Exchange (PSE) recently that the International Finance Corp. (IFC) is set to invest US$250 million in a green bond that the Ayala-led bank is issuing. In its report, the BPI noted that it sees the IFC subscription as the largest business that the private […]
