PH Builds Mammoth Casino -- 'City of Dreams'

City of Dreams Manila (Source: www.cityofdreams.com.ph)

A new mega-casino opened in the Philippines Monday as the country ups its bid to become a world gaming destination. Manila aims to rival Macau and Las Vegas in terms of gaming revenues, and the “City of Dreams” is the latest in a string of casinos that have opened in recent years, reports Inquirer.net.

Media Startup With Fil-Am Co-Founder Sells for Up to $50M

Elite Daily's co-founder and COO Jonathon Francis (Source: twitter.com)

UK's Daily Mail just acquired the media startup Elite Daily for $40 million to $50 million in cash, according to multiple sources familiar with the deal, reports BusinessInsider.com. It was founded in February 2012 and initially bootstrapped by David Arabov, 24, Filipino-American Jonathon Francis, 29, and friend Gerard Adams. Arabov and Francis were undergraduates at Pace University at the time, and they pooled together $60,000 to create The Huffington Post for millennials.

Honest OFW Makes Headlines in Dubai

Engelbert Ancajas (Source: emirates247.com)

An overseas Filipino worker, Engelbert Ancajas, made headlines in the Middle East after returning a wallet containing an estimated equivalent of $5,840 in Dubai. Ancajas is an employee of oil company Enoc on Al Wasl Road in Dubai, reports ABS-CBN News.

PH Team Makes Good at World Pastry Cup in Lyons, France

Brian Dimayuga, Vicente Cahatol, Rizalino Mañas, and Chef Buddy Trinidad (Spurce: www.dfa.gov.ph)

After qualifying for the first time, at the finals of the 14th edition of the Coupe du Monde de la Pâtisserie or the World Pastry Cup in Lyon, France, the Philippines clinched 12th place out of 21 participating countries. The Philippine team--Manila-based pastry chefs:] Rizalino Mañas, Bryan Dimayuga and Vicente Cahatol--beat all 21 teams by winning the best ice showpiece, reports the Department of Foreign Affairs newsletter.

Some KFC PH Outlets Serving Hot Dog Wrapped in Fried Chicken Bun

KFC's Double Down Dog (Source: mashable.com)

Some outlets of KFC Philippines are serving Double Down Dog, described as “a legendary dish for a legendary appetite.” The Double Down Dog is just a hot dog wrapped in a fried chicken bun with mustard, reports Salon.com.

2 Filipinas Among 9 Dead in Tripoli Hotel Attack

Gunmen stormed a luxury Tripoli hotel popular with diplomats and officials Tuesday in an attack claimed by the Islamic State group, killing at least nine people -- including two Filipinas -- before blowing themselves up, reports ABS-CBN News.

Filipinos Among World's Most Optimistic Buyers -- Nielsen Survey

Filipino consumers remain among the most optimistic buyers in the world, tying with Indonesia for the number two spot behind global leader India, according to the latest Nielsen consumer confidence survey, reports Inquirer.net.

Jollibee Scouting for a $1B US-Based Company to Acquire

Jollibee Foods Corp, the Philippines’ largest fast food company, is scouting for a US-based fast food firm with a market value of at least $1 billion to acquire to boost revenues from outside its home base, reports the New Jersey Telegraph.