Latest updates from the Philippines
October 20, 2026
GCash's parent lists in the biggest IPO in Philippine history
Mynt, the company behind GCash, made its stock market debut on the Philippine Stock Exchange today after raising about ₱60.9 billion (roughly $967 million), the largest IPO the country has ever seen. Shares opened slightly above the ₱6.60 offer price. GCash reported 41.5 million monthly active users in the quarter to June, more than half of Filipino adults. My favorite detail: rival Maya is selling GCash shares inside its own app, and Maya itself is reportedly weighing a US IPO worth up to $1 billion. The wallet wars just went public, on both sides.
Sources: Reuters, Astig.ph, Marketing Interactive
September 21, 2026
The government app gets an AI assistant named Kuya A
The DICT launched eGov AI inside the eGovPH Super App, free for verified users. Its assistant, Kuya A, walks people through government services in plain language, reads and explains forms, pulls text out of scanned documents, and translates across Philippine languages. The DICT says the app has about 61 million registered users, which makes this quietly one of the largest AI assistant rollouts anywhere in the world, aimed at farmers and fisherfolk as much as office workers.
Sources: BusinessMirror, DICT launch coverage, WazzupTechPH
September 8, 2026
A $34.4 billion plan to make the Philippines AI ready
The DICT unveiled the Philippine AI+ Infrastructure Masterplan for 2026 to 2033, developed with the Asian Development Bank and approved by President Marcos Jr. The plan calls for an estimated $34.4 billion in public and private investment, growing the country's AI computing capacity from about 50 megawatts today to 1.5 gigawatts by 2033, with a flagship public private AI compute and data hub. Big numbers, long timelines, but it is the first time the country has a single map for connectivity, compute, energy, and digital talent.
Source: Newsbytes.ph
September 2026
Frontier AI for ₱49 a week, charged to your phone load
Smart Communications and Amihan launched AI.Smart, a platform that gives Smart and TNT subscribers access to several leading AI models, including Claude, Gemini, and OpenAI models, through Amazon Bedrock. Plans start at ₱49 for seven days, paid through the mobile account people already have, no credit card needed. The pitch is aimed at students, freelancers, and small business owners, and it is a very Filipino answer to a global problem: price AI like load, and everyone can join.
Source: TechPilipinas
July 2026
BPO industry trims its 2028 targets as AI reshapes hiring
IBPAP's mid point review of its roadmap cut the industry's 2028 outlook to a best case of $50.5 billion in revenue and 2.14 million workers, down from earlier targets of $59 billion and 2.5 million. Revenue is still growing. What changed is the shape of the workforce: script driven tasks are automating fastest, while demand rises for AI adjacent roles like data curation, algorithm training, and AI quality assurance. The industry is spending heavily on upskilling, with a target of 2 million AI enabled Filipino workers by 2028. As a former night shift kid, I read this as a call to action, not an obituary: the jobs are changing address, and training is how you move.
Source: BPO and Beyond, IBPAP roadmap coverage
March 2026
Seven Filipino AI startups take the stage in Singapore
Seven Filipino startups showcased AI products at GITEX AI Asia 2026 in Singapore, backed by the DOST Technology Application and Promotion Institute. The lineup says a lot about what the Philippines builds AI for: GradeChum from Cebu grades handwritten student work, Farmesto automates greenhouse dosing and irrigation, GreenVisions monitors crop health, WEHLO tracks local weather and flood risk, Cerebro runs school administration, Collo manages property, and Duon handles indoor navigation. Classrooms, farms, and typhoons first. That is the Filipino AI agenda in one list.
Sources: BusinessWorld, BusinessMirror