Thoma Bravo, the US private equity giant, is in active talks to acquire Verint Systems Inc., a New York-based company known for its customer engagement and call centre automation software, sources close to the situation have revealed.According to people with knowledge of the matter, Thoma
A worker uses a microscope at an electronics manufacturing assembly plant in Biñan, Laguna, April 20, 2016. — REUTERSTHE PHILIPPINE Economic Zone Authority (PEZA) saw a 59% increase in approved investment pledges in the first six months of 2025, despite a drop in approvals in
A STREET is seen in Quiapo, Manila. The World Bank still classifies the Philippines as a lower middle-income country. — PHILIPPINE STAR/RYAN BALDEMOR THE PHILIPPINES is still classified as a lower middle-income country after just missing the threshold to achieve upper middle-income country (UMIC) status,
A PHOTO of an agenda with the words “One Big Beautiful Bill Act” printed in Washington, DC, May 21, 2025. — REUTERSBy Justine Irish D. Tabile, ReporterTHE DEPARTMENT of Trade and Industry (DTI) on Wednesday warned that the Trump administration’s “One Big Beautiful Bill (BBB)
Bugo cannery workers in Cagayan de Oro — DELMONTEPACIFIC.COMBy Revin Mikhael D. Ochave, ReporterCAMPOS-LED Del Monte Pacific Ltd. (DMPL) said its United States subsidiary Del Monte Foods Holdings Ltd. (DMFHL) has filed for Chapter 11 bankruptcy and is seeking buyers for its assets.DMFHL and certain
PETRON.COMLISTED oil giant Petron Corp. said on Wednesday that it has completed the offering of up to P32 billion worth of fixed-rate retail bonds.The offering consists of up to P25 billion in retail bonds, with an oversubscription option of up to P7 billion, Petron said
DHC Senior Vice-President and Head of Sales and Operations Lynette Q. Ermac — DISCOVERY HOSPITALITY CORP.By Beatriz Marie D. Cruz, ReporterDISCOVERY HOSPITALITY CORP. (DHC) said it is boosting its use of digital tools while continuing to offer its signature Filipino-style service amid global travel challenges.“Part
DIGIPLUS.COM.PHLISTED digital entertainment company DigiPlus Interactive Corp. is set to launch its operations in Brazil this September as the company eyes international growth.DigiPlus Brazil will introduce a fresh lineup of livestreamed games, slots, table games, and exclusive self-developed digital entertainment content, which will be delivered
STOCK PHOTO | Image by Michael Pointner from UnsplashNORTHERN SUN POWER, Inc. (NSPI), a subsidiary of Aboitiz Power Corp. (AboitizPower), is eyeing the development of an P18.6-billion solar power project in Currimao, Ilocos Norte, which is targeted for commercial operations by the first quarter of 2029.The
BW FILE PHOTOTERM DEPOSIT YIELDS dropped further on Wednesday as the offer fetched strong demand and amid bets that the Bangko Sentral ng Pilipinas (BSP) will continue its easing cycle as June inflation likely remained within target despite a likely uptick due to the Middle
IBM FACEBOOK PAGEINTERNATIONAL Business Machines Corp. (IBM) is optimistic on the growth of artificial intelligence (AI)-driven asset management solutions in the Philippines as companies look for cost-effective ways to track their information technology (IT) assets throughout their lifecycle.“The objective is to reduce the total cost
EAT PIZZA reveals a new limited edition flavor, Sisig, a Korean pizza take on a classic Pinoy favorite.KOREAN pizza brand Eat Pizza proves that 10 inches is not too small when it comes to pizza.According to Scott Tan, managing director of Scottland Food Group Corp., —