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Megaworld to build P5-B BPO complex in Iloilo

Tycoon Andrew Tan-led Megaworld Corp. has earmarked about P5 billion to build 10 office towers in Iloilo Business Park by 2021, grooming this area to be a major information technology-business process outsourcing (IT-BPO) hub.

Posted: April 5th, 2014 in Headlines | Read More »

Yahoo takes hit, revenue drop overshadows profit rise

In this Jan. 22, 2014, file photo, Yahoo CEO Marissa Mayer smiles during a session at the World Economic Forum in Davos, Switzerland. Yahoo on Tuesday, Jan. 28, reported that its quarterly profit jumped at the end of last year, but revenues sank in a troubling sign for the struggling Internet pioneer.  AP

Yahoo on Tuesday reported that its quarterly profit jumped at the end of last year, but revenues sank in a troubling sign for the struggling Internet pioneer.

Posted: January 29th, 2014 in Latest Business Stories,Photos & Videos | Read More »

Twitter hikes IPO share price range

An updated phone post on the floor of the New York Stock Exchange features a Twitter logo, Monday, Nov. 4, 2013, in New York. Twitter, which will begin trading on the New York Stock Exchange on Thursday morning, boosted its public stock offering to as much as $2 billion Monday, suggesting strong demand for its shares and a higher overall value for the one-to-many messaging platform.  AP

Twitter boosted its public stock offering to as much as $2 billion Monday, suggesting strong demand for its shares and a higher overall value for the one-to-many messaging platform.

Posted: November 5th, 2013 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Booming PH outsourcing industry faces worker shortage

AFP  FILE PHOTO

The Philippines’ outsourcing industry faces a shortage of trained personnel after a decade of rapid growth which saw it become a pillar of the economy, the industry association said Tuesday.

Posted: October 8th, 2013 in Latest Business Stories | Read More »

Smart levels up wireless quality, network coverage

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Smart Communications, a unit of Philippine Long Distance Telephone Co., will deploy the Antenna-Integrated Radio (AIR) solution built by Ericsson, the first such installation in Southeast Asia.

Smart Communications, a unit of Philippine Long Distance Telephone Co., will deploy the Antenna-Integrated Radio (AIR) solution built by Ericsson, the first such installation in Southeast Asia.

Posted: September 9th, 2013 in Latest Business Stories | Read More »

BSP allows banks to use ‘cloud’ computing technology

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FILE PHOTO

Philippine banks will be among the first in Southeast Asia that will be able to use “cloud” computing solutions in their operations, improving the industry’s competitiveness in the region.

Posted: August 22nd, 2013 in Latest Business Stories | Read More »

IT-BPM firms said to play key role in PH growth

Information technology and business process management (IT-BPM) companies will continue to play a crucial role in enhancing the Philippines’ global competitiveness, according to the DSTI Group, a leading player in the outsourcing industry.

Posted: June 12th, 2013 in Headlines | Read More »

Berjaya unit in PH acquires stake in Malaysian IT firm

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berjaya logo

Berjaya Philippines Inc., the domestic unit of Malaysia’s Berjaya Group, has acquired a minority stake in a Malaysian information technology company.

Posted: May 24th, 2013 in Latest Business Stories | Read More »

Cloud software firm BMC sold for $6.9B

bmc-software

A consortium of private equity groups announced a deal Monday to acquire enterprise software group BMC Software for $6.9 billion in cash.

Posted: May 7th, 2013 in Latest Business Stories | Read More »

Groupon surges on takeover chatter

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Groupon shares surged Friday as market players reacted to chatter about a possible takeover for the troubled online deals company.

Posted: December 8th, 2012 in Latest Business Stories | Read More »

Local technology firm Digitext Asia bags LTO IT deal

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The Department of Transportation and Communications (DOTC) has auctioned off and awarded the multibillion-peso supply contract for the Land Transportation Office’s (LTO) computer systems to a little-known firm.

Posted: November 29th, 2012 in Headlines | Read More »

Microsoft profit tops forecasts but revenue weak

microsoft

Microsoft on Thursday reported a profit in the past quarter of $4.5 billion, as the tech giant rebounded from its first-ever loss.

Posted: October 19th, 2012 in Latest Business Stories | Read More »

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