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