YouTube has become the “new TV” for many Filipinos — a fact further solidified by recent data released by Google. In the ever-evolving landscape of digital media, this development is a positive sign among content creators and traditional networks. In a media roundtable held at Shangri-La The Fort, Google announced that the platform’s viewership has […]
Converge ICT Solutions Inc. announced a major milestone for the Philippines, as it solidified its role in the international data exchange network by landing the Southeast Asia-Hainan-Hong Kong Express Cable System (SEA-H2X) on Philippine shores. The undersea cable system, designed with a massive 160 terabits per second (Tbps) capacity, promises faster internet and more efficient […]
Chinabank has recently entered into a strategic partnership with Visa, aiming to provide customers with cutting-edge payment solutions that cater to the evolving digital payment preferences of today’s consumers. Photo shows (from left:) Chinabank CFO Patrick Cheng, Director Claire Ann Yap, and Consumer Banking Segment Head Aloysius Alday Jr., Visa Group Country Manager-Regional Southeast Asia […]
AMD and its partners are committed to enabling next-generation AI experiences on AI PCs, and LM Studio is one powerful example. LM Studio is quickly becoming a must-have AI tool and offers a completely offline, highly capable, AI assistant that can help you with many day-to-day tasks. LM Studio 0.3, featuring both AMD Ryzen AI […]
The total external debt (EDT) of the Philippines has reached US$130.18 billion by the end of June 2024, an increase of U$1.49 billion or 1.2 per cent from US$128.69 billion at the end of March 2024, according to the latest data from the Bangko Sentral ng Pilipinas (BSP). Despite the rise in debt, the country’s […]
The Bangko Sentral ng Pilipinas (BSP) has officially welcomed Jose L. Querubin as its newest member of the Monetary Board. Querubin took his oath of office at a ceremony held last September 5, 2024, at the BSP head office in Manila. BSP Governor Eli M. Remolona, Jr. (right) together with new MBM member Jose L. […]
Kredit Hero, Asia’s first AI-powered SME lending marketplace, has just launched in the Philippines, transforming how small and medium-sized enterprises (SMEs) access financing. By connecting borrowers with a network of partner lenders, Kredit Hero is democratizing access to capital and addressing the inefficiencies of traditional loan applications. Kredit Hero, Asia’s first AI-powered SME lending marketplace […]
The Bangko Sentral ng Pilipinas (BSP) is helping Cabagan, Isabela take a bold step toward digital financial inclusion with the launch of the Paleng-QR Ph Plus program last August 19, 2024. The Paleng-QR Ph Plus program is a joint initiative by the BSP and the Department of the Interior and Local Government that aims to promote electronic […]
$PUSO, a community-driven decentralized stablecoin, has just been introduced by the Celo Philippines DAO in partnership with digital assets platform Mento Labs, marking a significant leap towards advancing blockchain technology and financial inclusion in the Philippines. Pegged to the Philippine Peso, $PUSO aims to revolutionize how Filipinos interact with digital currencies by reducing transaction fees, […]
EastWest Bank (EW) has reported a net income of PHP3.5 billion (approximately $62.12 million) for the first half of 2024, marking a notable 24% increase in net revenue compared to the same period in 2023. This remarkable growth, driven by the expansion of deposits and loans, underscores the resilience and strength of the Philippine banking […]
