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The rise of hyperscalers

Suddenly, hyperscale and hyperscaler are popular terms in the lexicon of local business leaders and government officials. In fact, if you search in Google the terms “hyperscaler Philippines,” you can see more than 21,000 results mostly coming from the years 2021 and 2022. But globally, the terminolo ....

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Provide long term solutions for job generation, Villanueva tells gov't

Senator Joel Villanueva has urged the government to provide long term solutions for job generation in order to address the high poverty incidence in the country.

(Mark Balmores/ File photo/ MANILA BULLETIN)
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Villanueva made the statement after the Philippine Statistics Authority (PSA) ....

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DTI, Jollibee partner to promote local products

The Department of Trade and Industry has partnered with fast food chain Jollibee Foods Corp. for its new advocacy campaign that seeks to encourage support for locally made products. ....

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Conglomerates investing $20-M for AI center

MANILA - Big companies in the country will invest USD20 million (around PHP1 billion) to establish a shared hub for artificial intelligence (AI) research. Department of Trade and Industry (DTI) Secretary Ramon Lopez said in a recent interview that conglomerates are funding the National Center for AI Research (NCAIR) to position the country as an AI Center for Excellence in Southeast Asia. "I will tell you that the biggest conglomerates in the country agreed to be part of that. They're funding it, putting equity," Lopez said. The private sector is already preparing the registration with the Securities and Exchange Commission, Lopez added. The NCAIR is part of the national program that targets to accelerate the adoption and use of AI for industrial development and high-paying jobs for Filipinos. According to research firm Kearney, adoption of AI in the country will help the country increase gross domestic product to 12 percent in 2030, or an additional USD92 billion for the ....

Ramon Lopez , Exchange Commission , National Center , Ai Research , Ai Center , Secretary Ramon Lopez , Fourth Industrial Revolution , Inclusive Innovation Industrial Strategy , Manila Big Companies In The Country Will Invest Usd20 Million Around Php1 Billion To Establisha Shared Hub For Artificial Intelligence Ai Research Department Of Trade And Industry Dti Secretary Ramon Lopez Said Ina Recent Interview That Conglomerates Are Funding National Center Ncair Position As An Excellence Southeast Asia Quoti Tell You Biggest Agreed Be Part They 39 Re It , Putting Equity , Uot Lopez Said The Private Sector Is Already Preparing Registration With Securities And Exchange Commission , Opez Added The Ncair Is Part Of National Program That Targets To Accelerate Adoption And Use Ai For Industrial Development High Paying Jobs Filipinos According Research Firm Kearney , Doption Of Ai In The Country Will Help Increase Gross Domestic Product To 12 Percent 2030 , R An Additional Usd92 Billion For The Economy Dti Unveiled Ai Roadmap In May Last Year Amidst Fourth Industrial Revolution , Ti 39s Vision To Develop Ai Is Part Of Its Inclusive Innovation Industrial Strategy I3s That Will Drive The Competitiveness Country Industries Quot Then Cair Build Capacity Companies Produce New Products , Nd Services Using Ai It Will Help Them Apply In Their Operations To , Mong Many Potential Ai Applications , Void Spoilage Of Agricultural Produce , Redict Maintenance Of Equipment And Optimize Processes In Factories , Nd Enhance Their Business Decision Making Through Advanced Analytics Leading To More Operational Efficiencies And Innovation , Uot Lopez Said Then Pna ,

Gov't ensuring adequate food supply to manage inflation

(PNA file photo by Oliver Marquez) MANILA - Trade Secretary Ramon Lopez said the government's priority is to improve the supply of food in the domestic market to manage the rising prices of commodities. During the online forum of the Philippine Consulate General New York on Friday, Lopez said ensuring there is an adequate food supply is the government's strategy for easing inflation. "From our end, we cannot control the oil prices," Lopez said. "What we can do is support our agriculture sector. Any kind of support like machinery, mechanize them to improve their productivity. Fertilizers as well, and other support programs for our farmers and fisherfolk." While supporting the local agriculture sector to improve their productivity, Lopez said it is also a critical solution in the near-term to relax importation rules to increase the supply of products in the domestic market. "Importation is a big issue in our country. Many producers oppose this. But rememb ....

Ramon Lopez , Secretary Ramon Lopez , Philippine Consulate General New York , United State , Na File Photo By Oliver Marquez Manila Trade Secretary Ramon Lopez Said The Government 39s Priority Is To Improve Supply Of Food In Domestic Market Manage Rising Prices Commodities During Online Forum Philippine Consulate General New York On Friday , Opez Said Ensuring There Is An Adequate Food Supply The Government 39s Strategy For Easing Inflation Quot From Our End , E Cannot Control The Oil Prices , Uot Lopez Said Quot What We Can Do Is Support Our Agriculture Sector Any Kind Of Like Machinery , Echanize Them To Improve Their Productivity Fertilizers As Well , Nd Other Support Programs For Our Farmers And Fisherfolk Quot While Supporting The Local Agriculture Sector To Improve Their Productivity , Opez Said It Is Alsoa Critical Solution In The Near Term To Relax Importation Rules Increase Supply Of Products Domestic Market Quot Isa Big Issue Our Country Many Producers Oppose This But Remember , Ith This Issue Of Rising Prices , He Government 39s Priority Is The Food Supply Available And For Prices Not To Further Increase Because We Are Feeding 110 Million Filipinos , Uot Lopez Added He Said To Ensure That Importation Will Help Ease Inflation , Ariff And Non Tariff Barriers Should Be Eased These Include Measures In Lowering To Eliminating Import Duties As Well Facilitating The Free Flow Of Trade Outgoing Chief Added That Initiatives Allowed Country Record An Inflation Rate Within 5 Percent Level May , Ompared To The United States 39 Inflation Of 8 6 Percent In Same Month Lopez Said Faster Rate Across Globe Is Mainly Due Rising Oil Prices Amid Ukraine Russia War , Hich Also Affected The Global Trade Of Other Commodities Such As Wheat , And Fertilizers , Mong Others Pna ,