Search results for Philippines
Crypto
Philippines\' BPI pushes stablecoin payment pilot
Philippine lender BPI is pushing a pilot to settle overseas remittances using stablecoins for freelancers, virtual assistants and others who receive income from abroad. The bank is preparing a payment system aimed at cutting the time and cost of processing inbound funds. The system will be developed with global digital clearing house Meridian, converting stablecoin settlements into Philippine pesos and depositing them into recipients\' BPI accounts, while keeping existing banking safeguards.
Mobility
Tesla Q2 revenue rises but profitability worsens; Cybercab, Semi timelines slip
Tesla removed its 2026 mass-production plans for the Cybercab, Tesla Semi and Megapack 3, and also deleted wording on Optimus mass production, TechCrunch reported, citing a second-quarter shareholder letter. Tesla said it is working to increase battery production, especially 4680 cells, to mass-produce the Cybercab and Semi, but did not explain delays for Megapack 3 or whether Optimus is delayed. Second-quarter revenue rose to $28.2 billion, while net profit fell to $1.1 billion and free cash flow turned negative.
AI & Enterprise
ADB to invest $50 billion in pan-Asian power grid by 2035
The Asian Development Bank plans to invest $50 billion by 2035 to build a pan-Asian power grid to meet rising electricity demand from the spread of AI. It also proposed an additional $20 billion for digital infrastructure, taking the total to $70 billion for energy and telecommunications projects. The plan aims to link national grids, expand renewable energy trade, improve power access, cut emissions and create jobs.
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Telecommunications & Media
KT offers roaming, Grab promotion for Southeast Asia summer travelers
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Industry
onsemi to sell two chip plants in U.S., Philippines to cut $35 million in annual costs
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Games & Commerce
Wemade\'s Night Crows wins China foreign game licence, paving way for entry
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Industry
MSIT, GGGI launch climate technology demonstration projects in 10 countries
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AI & Enterprise
KISA selected to implement Philippines national cybersecurity center project
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AI & Enterprise
World of data labelling workers powering AI World Cup
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Telecommunications & Media
Southeast Asia to pursue five subsea power cable projects by 2040, governance seen as key
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Crypto
XRP community stirred by expert post as ETF hopes rise
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Crypto
BlockScholes says Binance can offer trading services under Philippines SEC framework
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Finance
South Korea stocks swing wildly as network separation rules ease
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Games & Commerce
Wemade signs publishing deal with Madngin for new \'Night Crows\' title, targets launch this year
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Finance
KakaoPay supports QR subway ticket payments in Busan
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Telecommunications & Media
Netflix to launch vertical mobile \'Clips\' feed in South Korea next month
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Fintech
SentBe partners with GCash to boost reliability of remittances to Philippines
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Finance
ELS fines cut to 600 billion won after local elections, financial policy in focus