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DoubleDragon unit breaks ground, signs construction deal for Hotel101-Madrid

DoubleDragon Corp., a Philippine listed property company, said Thursday its unit, Hotel101 Global Pte, broke ground and signed the construction contract with Spanish firm Ferrovial Construction on Wednesday for its first European project, the 680-room Hotel101-Madrin in Valdebebas.

Thailand’s SHERA investing P2B in the construction sector

SHERA, one of the largest fiber-cement manufacturers in the ASEAN, on Thursday introduced its products at the Philippine World Building and Construction Exposition (WORLDBEX). At the four-day convention, the Thai company showcased its fiber-cement innovation.

DOTr deploying travel marshals in various jump-off points across the country

The Department of Transportation (DOTr) is fielding travel marshals in seaports, airports, train stations and bus terminals across the country as part of a nationwide effort against travel scams as the country looks forward to the upcoming long Lenten weekend in under two weeks.

DA plans measures to boost local dairy milk production

The Department of Agriculture is drawing up plans to significantly increase local dairy milk production, including seeking support from local milk processors to bolster investment in the industry and increase dairy cattle population.

Philippines gets $5-B investment pledges from German, US companies

The Philippines secured about $5 billion worth of investment pledges from German and American firms this week in sectors such as healthcare and energy, potentially big wins for the country as it competes with others in the region for foreign capital.

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Philip Morris seeks clearer rules to expand Philippine exports 

Philip Morris International (PMI) is eyeing further investments in the Philippines, but says regulatory uncertainty, cumbersome paperwork and infrastructure gaps threaten the country’s ability to compete with regional manufacturing hubs.

Special bus service to fill LRT-2 service gap

Transport authorities are rolling out a plan to ease the squeeze from limited LRT-2 operations. Transportation Secretary Giovanni Lopez has ordered the LTFRB and LRTA to study issuing special permits for buses to run the full LRT-2 route—Antipolo to Recto and back—stopping at all stations.

A simple formula may predict when AI chatbots go rogue

Artificial intelligence can sound like the smartest person in the room, until it starts giving advice that could do real harm. Now, two physicists at The George Washington University say they may have found a way to predict when that happens, using a surprisingly simple mathematical formula.

OceanaGold boosts Didipio mine safety monitoring

OceanaGold (Philippines), Inc. has improved how it monitors the tailings storage facility at its Didipio Mine, using new technology to track changes in the structure, especially during the rainy season when heavy rainfall can increase risks.
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