Daily Archives: March 20, 2018

FNI Subsidiary Renews Nickel Export Contract With Chinese Company

Global Ferronickel Holdings, Inc. (FNI) has signed a supply contract with a Chinese firm to export 1.5 million wet metric tons (WMT) of nickel ore. FNI said that Platinum Group Metal Corporation (PGMC) signed a contract with Guangdong Century Tsingshan Nickel Industry Co., Ltd.

PLDT Expects Growth in Return Income to P24 Billion for 2018

PLDT Inc. has set a ₱23-24 billion earnings goal for 2018, aiming to sustain the positive momentum from 2017, driven by elevated EBITDA impact.

JFC Bought Additional 45% of Smashburger

Jollibee Foods buys 45% more of Smashburger Master LLC, raising Bee Good! Inc.’s ownership to 85% in a successful $100M deal.

Earnings of LT Group Inc. (LTG) Increased by 15%

Lucio Tan’s LT Group Inc. (LTG) saw a 15% rise in net income to 10.83B PHP, driven by strong growth in its tobacco and banking sectors.