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UN adopts first global artificial intelligence resolution

The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence to encourage protecting personal data, monitoring AI for risks, and safeguarding human rights, U.S. officials said.

Biden’s softer climate regulation shows big US bet on subsidies to decarbonize

The Biden administration says its recent decision to scale back new climate regulations meant to force emissions cuts from cars and power plants will have a negligible impact on its overarching goal to halve greenhouse gas pollution this decade.

US Congress struggling to reach spending deal to avert weekend shutdown

A fractured U.S. Congress struggled behind the scenes on Wednesday to produce a massive spending bill to fund defense, homeland security and other programs that lawmakers must pass before the weekend to avert a partial government shutdown.

Analysis: US automakers race to build more hybrids as EV sales slow

As U.S. sales of gas-electric hybrid vehicles surge and electric-vehicle sales cool, automakers and suppliers are betting consumer demand for a compromise between all-combustion and all-electric is a durable trend.

Soaring Japanese equities offer investors cozy distance from troubled China

As economic and geopolitical woes spur an exodus of investors from China, many have been redirecting money into Japan, giving the benchmark Nikkei an extra boost as it rockets to all-time highs.

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Globe, PLDT-Smart speed up network restoration, aid in quake-hit Southern Mindanao

Following the recent magnitude 7.8 earthquake, the country’s two largest telecommunications firms have ramped up efforts to restore services and deliver support across southern Mindanao. Globe Telecom Inc. reports that services are back in 31 out of 32 affected municipalities. Full restoration has been achieved in Zamboanga Sibugay, Zamboanga del Norte, South Cotabato, Maguindanao del Norte, Maguindanao del Sur, Sultan Kudarat, and Sarangani. Teams remain on standby in areas with intermittent signal, mostly where ongoing power outages continue to disrupt telecom facilities. The company has also activated special connectivity and emergency support offers in South Cotabato, Sultan Kudarat, and Sarangani. Meanwhile, PLDT Group’s business unit PLDT Enterprise has teamed up with the Department of Information and Communications Technology (DICT) and local governments to set up Starlink internet in key hospitals. These links are now working at Malungon Sarangani Provincial Hospital and Alabel Sarangani Provincial Hospital, part of the group’s commitment to using communications for disaster response. Through its social outreach arm PLDT-Smart Foundation, the group has started distributing relief goods including food packs, drinking water, and hot meals. Free calls, charging stations, and Wi-Fi are available in General Santos City; Glan, Sarangani; and Jose Abad Santos, Davao Occidental. Smart and TNT users in affected zones have also received emergency load to stay connected. Both companies are coordinating closely with the National Telecommunications Commission, disaster response agencies, local governments, and other partners. Staff are working around the clock to restore services and provide aid, while also ensuring the safety of their personnel and equipment.

JICA completes technical assistance for LRT-1, unveils energy-saving roadmap

The Japan International Cooperation Agency (JICA) has concluded its technical assistance program for the Light Rail Manila Corporation (LRMC), focused on advancing energy conservation along Light Rail Transit Line 1 (LRT-1).

Waterfront Hotel rebuild suspended on cloudy tourism outlook 

Acesite (Phils.) Hotel Corp. is taking a step back from plans to reopen the long-shuttered Waterfront Manila Pavilion Hotel, citing rising reconstruction costs and an uncertain outlook for tourism and gaming revenues. 

Projected Q2 palay harvest tempered by yield concerns

The Philippines is on track for a stronger grain harvest this quarter, with palay production projected to rise 5.3 percent from a year ago, although slipping yields suggest farmers are still battling productivity challenges despite expanding planted areas. 
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