President Bongbong Marcos secured renewed backing for the Philippines’ digital expansion after Singtel executives committed to grow their local operations in artificial intelligence, cloud services, telecommunications and data centers.
Marcos met Singtel Group chief executive Yuen Kuan Moon during his working visit to Singapore. Globe Telecom president and chief executive Carl Cruz and Ayala Corporation vice chairman Fernando Zobel de Ayala also attended the meeting.
“The Philippines is becoming an increasingly attractive destination for investments in the digital economy,” Marcos said.
The President placed the company’s expansion within his administration’s push to attract technology investments capable of generating specialized employment and strengthening infrastructure needed by businesses, government agencies and digital service providers.
“Singtel Group’s continued expansion in AI, cloud technologies and data center infrastructure will create more high-value jobs and strengthen the digital backbone that supports businesses, innovation and economic growth,” Marcos said.
Singtel’s Philippine growth already includes NCS Philippines, a joint venture between its technology services arm and Globe’s digital solutions business. The operation expanded its workforce from about 150 to roughly 1,200 professionals, increasing its local capacity in artificial intelligence, cloud computing and digital transformation services.
The meeting also covered major data center developments linked to Globe, Ayala Corporation and Singapore-based ST Telemedia Global Data Centres.
“Investments like these help ensure that the opportunities of the digital age translate into real benefits for the Filipino people,” Marcos said.
The Singtel meeting formed part of Marcos’ July 14 to 16 Singapore visit, where he engaged government and business leaders on investment, artificial intelligence and economic cooperation.
