ARCO, a leading national design-build construction firm, has implemented Oracle Textura Payment Management to enhance its construction payment processes. The implementation aims to improve collaboration with subcontractors, streamline invoicing, and manage lien waivers more effectively. ARCO's CFO, Austin Moore, highlighted the platform's ability to integrate with existing software and improve relationships with subcontractors.

Arco Platform Limited completed its merger with Achieve Merger Sub, becoming a wholly-owned subsidiary of Achieve Holdings, effective December 7, 2023. As a result of the merger, Arco ceased to be a publicly traded company, with each outstanding share receiving $14.00 in cash without interest.

A Philippine business delegation signed investment deals worth over $4.26 billion with Saudi business leaders, as reported by President Ferdinand Marcos Jr's office. The agreements were signed during a summit in Saudi Arabia, focusing on various sectors including energy, industry, and human resources.

DBS and Univers, a Singapore-based decarbonisation software provider, have signed a Memorandum of Understanding to enhance carbon measurement and tracking solutions for SMEs in Asia. The partnership aims to support companies in their decarbonisation efforts through affordable digital solutions, leveraging DBS's sustainable financing facilities and Univers' AIoT-powered software.

The metaverse, the newest iteration of the internet, has the potential to revolutionize education by providing immersive and experiential learning environments. This article highlights examples such as Phoenix Asia Academy of Technology's first metaverse classroom in Malaysia and Taylor's University's The Show event, which showcased fashion designs entirely in the metaverse. The metaverse fosters engagement, innovation, and digital literacy among students and educators.