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TD SYNNEX expands IBM distribution footprint across Asia Pacific, Europe and Latin America

Tech Data, a TD SYNNEX company and leading global IT solutions distributor, has announced the expansion of its IBM distribution network. The initiative covers 20 new markets across Asia Pacific, Europe, and Latin America. In the Asia Pacific region, the expansion adds six new markets – Hong Kong, Macau, Malaysia (operating under the Tech Data brand there), Indonesia, Cambodia, and the Philippines. This builds on the company’s existing IBM operations in Australia, India, Singapore, and Vietnam, bringing the total number of APJ markets supported to ten.

CLI clears regulatory hurdles for P25-billion project launches 

Cebu Landmasters Inc. is set to resume its project launch program in the second half of the year after addressing regulatory requirements that delayed several developments during the first six months.

Fortinet acquires Virtue AI to strengthen AI security offerings

Global cybersecurity leader Fortinet has announced the acquisition of Virtue AI, a developer of solutions designed to protect artificial intelligence systems, automate security validation, and safeguard autonomous AI operations.

Digital payments hit target as Filipinos shift from cash

Digital payments accounted for nearly two-thirds of retail transactions in the Philippines last year, putting the country within its national target range and underscoring how quickly electronic payments are replacing cash in everyday commerce.

Logistics shifts from delivery to real-time intelligence 

Logistics is moving beyond simply getting products from warehouses to customers as businesses increasingly turn to real-time operational intelligence to manage costs, inventory, and increasingly complex retail networks.

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DEDON taps solar-backed power plan for Cebu factory

Luxury furniture maker DEDON Manufacturing Inc. has signed up as the first customer of COREnergy’s new solar-backed electricity plan, as manufacturers look for ways to better manage power costs and align energy procurement with daytime operations.

Treasury bill yields climb as inflation risks mount

Treasury bill yields extended their climb at Monday’s auction as investors demanded higher rates amid expectations of faster inflation and tighter monetary policy.

Substantial diesel rollback offers respite after peak spikes

Local fuel prices roll back this week after three consecutive weeks of increases, the Department of Energy (DOE) announced Monday.

Eala makes Asian Games debut look easy

Alex Eala did not exactly ease into the Asian Games. She arrived with a racket and apparently no interest in small talk.
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