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Is AI Taking Over My Job? 5 Ways GenAI is Affecting Jobs in the Philippine IT-BPM Industry

Amidst the hustle of the Philippine economic landscape, the Information Technology Business Process Management (IT-BPM) industry is undergoing a radical shift fueled by Generative Artificial Intelligence (GenAI). A dynamic journey of challenges and opportunities is redefining the industry’s future. Led by the IT and Business Process Association of the Philippines (IBPAP), immerse in a fast-paced […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

Producer prices decline at slower pace in March

Factory gate prices contracted at a slower pace in March from the previous month due mainly to the slower decline in the prices of petroleum products, according to the Philippine Statistics Authority ......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Belen plays coy on national team, NU future after UAAP title

Newly crowned UAAP champion and Most Valuable Player Bella Belen is focusing on the moment amid the uncertainty of her future endeavors after helping the NU Lady Bulldogs win the Season 86 title......»»

Category: newsSource:  philstarRelated NewsMay 16th, 2024

ADB cuts Philippines growth outlook to 6% in 2024

The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Change: 5 reasons why we should not fear it, embrace the shift

CEBU CITY, Philippines— Change is the only constant thing in the world. Change can sometimes be a menace or it can sometimes be a blessing. Just a mere mention of this word sends shivers down our spine with the thought of uncertainty or the chaos that comes from our doubting thoughts. Change isn’t scary like.....»»

Category: newsSource:  inquirerRelated NewsMar 29th, 2024

Espina: Lenten thoughts

Espina: Lenten thoughts.....»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

Farmer gives away kilos of tomatoes amid El Niño

Farmer gives away kilos of tomatoes amid El Niño.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

NCR economy grows at slower pace in 2023

Metro Manila’s economy grew at a slower pace of 4.9 percent in 2023 from 7.2 percent in 2022, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Balik-Tanaw | Radical waiting and radical witnessing

As I write this, I am now on the seventh sojourn of my life as a solitary pilgrim. I began this life after retirement when homelessness was imminent and that’s when I decided to embrace uncertainty. Embrace what is yet to come. Embrace what you don’t know. Embrace life as it comes. And that’s when I thought of volunteering for food and a place to lay my head. And it has been a most meaningful life of retirement one could ever live. A life in solidarity with the poor and marginalized is a life that is so much worth living for. A life of freedom and a life that gives the best lessons on humility. (As you age, you need more help from people, right?) The post Balik-Tanaw | Radical waiting and radical witnessing appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMay 12th, 2024

Philippine economy expands 5.7% in Q1

MANILA — The Philippine economy expanded by 5.7 percent in the first quarter of the year, up from 5.5 percent in the previous quarter, according to the Philippine Statistics Authority (PSA). However, this growth was below the government’s target and slower than the 6.4 percent growth recorded in the same period last year. The Marcos administration.....»»

Category: newsSource:  inquirerRelated NewsMay 9th, 2024

Wholesale price growth slowed in 2023

Growth in bulk prices of goods in the country eased last year as food and three other commodity groups posted slower price increases, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

NCR construction materials price growth eases in 2023

Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

No take back on tax: The irrevocability rule

Life is about choices and sometimes, we will make decisions that we cannot take back. In times of uncertainty and indecisiveness, it’s important to think about these choices a thousand times and consider the possible consequences......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Factory output growth slows sharply in 2023

The country’s manufacturing output expanded at a slower pace in 2023 as food, beverages and 12 other industry divisions registered declines, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Philippines to revitalize seaweed industry to regain top exporter

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday vowed to revitalize the country's seaweed industry by beefing up the government support to local seaweed producers and boosting the potential of the second biggest export earner in Philippine aquaculture. Philippine Agriculture Secretary Francisco Tiu Laurel expressed optimism about the Philippine seaweed industry's potential t.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines to revitalize seaweed industry to regain top exporter

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday vowed to revitalize the country's seaweed industry by beefing up the government support to local seaweed producers and boosting the potential of the second biggest export earner in Philippine aquaculture. Philippine Agriculture Secretary Francisco Tiu Laurel expressed optimism about the Philippine seaweed industry's potential t.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

Economy grew by 5.6% in 2023

The Philippine economy expanded at a slower pace in 2023 than the previous year, falling below the government’s growth target amid high inflation and interest rates that affected consumption......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Accenture Philippines Highlights Importance of Mentorship in International Women’s Month celebration

The world celebrates International Women’s Day annually and this year’s theme collectively calls on businesses and society to #InspireInclusion. As a leader and top employer in the information technology and business process management (IT-BPM) industry, Accenture in the Philippines joined the celebration with a Leaders’ Summit that celebrated and empowered women to be without limits […].....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

IT-BPM revenue hits $35.5 billions

Revenues of the information technology-business process management industry climbed by more than nine percent to hit $35.5 billion in 2023 from $32.5 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024