NLEX starts P105M upgrade of Subic Freeport Expressway

NLEX Corp. has commenced enhancement works for the Subic Freeport Expressway (SFEX) as part of efforts to provide better and safer road infrastructure.

The P105 million upgrade involves enhancement of pavement surface , construction of ditch and slope protection, installation of guard rails, and the application of hazard paint.

NLEX said these enhancements are intended to make the SFEX and its surrounding slopes safer for motorists.

“We aim to make our roads safe for all weather conditions. With these enhancements, we expect to further protect motorists from roadside hazards by strengthening the slopes and improving the drainage system and other safety features at the SFEX,” NLEX president Luigi Bautista said.

NLEX said concrete barriers and other structures have been painted with hazard warning marking to make motorists aware of potential risks.

In February last year, NLEX completed the P1.6 billion SFEX capacity expansion project which consisted of the construction of a total of 16.4 new lane kilometers, two new bridges and a new tunnel.

NGO blames drop in aquaculture production on PAP imports ban

Tugon Kabuhayan, a nongovernment organization advocating for food security and sustainable food production, has blamed the decline in aquaculture production in the second quarter on the import ban on processed animal proteins (PAPs) which was recently lifted by the Department of Agriculture.

US sanctions crypto ‘laundering’ service Tornado

The United States placed sanctions Monday on Tornado Cash, a leading “crypto mixer” for transactions in virtual currency that US officials describe as a hub for laundering stolen funds, including by North Korean hackers.

US sanctions crypto ‘laundering’ service Tornado

The United States placed sanctions Monday on Tornado Cash, a leading “crypto mixer” for transactions in virtual currency that US officials describe as a hub for laundering stolen funds, including by North Korean hackers.