Listed mining firm Global Ferronickel Holdings Inc. (FNI) reported a 43% rise in profit in 2020, thanks to higher nickel ore prices in the world market. In a press release, FNI said its net income stood at P1.86 billion last year, driven by a 9.1% increase in revenues to P7.26 billion. "Nickel ore shipments went down 4.5% to 5.625 million ...

Chelsea Group's MV Trans-Asia 21 is a brand-new vessel built in Japan. Courtesy of Chelsea Logistics and Infrastructure Holdings Corp. Chelsea Logistics and Infrastructure Holdings Corp. is seeking "meaningful" profits from its new roll-on/roll-off passenger (RoPax) vessel that completed sea trials in Japan this week. Davao-based businessman Dennis A. Uy's Chelsea Logistics in a press release on Friday said that ...

Globe Telecom Inc. is planning to roll out a million fiber-to-the-home (FTTH) lines this year, as part of its P70 billion in capital expenditures for 2021. In a statement on Friday, the company said that FTTH lines will be deployed to meet rising demand for faster internet services as people continue work from home during the lockdown. All of Globe's ...

Listed SM Investments Corp. (SMIC) joined a group of businesses championing sustainability called the 50 Sustainability & Climate Leaders. SMIC is the only Philippine company to join the campaign, alongside United States, Kenya, United Kingdom, Germany, Italy, Switzerland, and the Netherlands. "We recognize our role and responsibilities in creating a more sustainable future. Our footprint today allows us to view ...

To improve workplace inclusivity, the Microsoft Enabler Program provides cloud and artificial intelligence (AI) training for persons with disabilities (PWDs), accessibility education for employers, and inclusive hiring from non-profit organizations (NPOs) supporting PWDs. "Accessibility education for employers is going beyond sensitization training. It's having a knowledge base where the employees of the organization can access training and information that would ...

SHARES declined on Friday as the slow progress of the government's coronavirus disease 2019 (COVID-19) vaccination program clouded market sentiment. The 30-member Philippine Stock Exchange index (PSEi) went down by 45.15 points or 0.69% to close at 6,494.81 on Friday, while the broader all shares index fell by 16.07 points or 0.4% to 3,981.51. Philstocks Financial, Inc. Senior Research Analyst ...

SEOUL -- South Korea's Huons Global Co. Ltd. said on Friday it will lead a consortium to produce 100 million doses of Russia's Sputnik V coronavirus disease 2019 (COVID-19) vaccine per month as Moscow ramps up production for supplies abroad. The announcement comes after South Korean biotech firm GL Rapha signed a deal with Russia's sovereign wealth fund late last ...

Image of the Statue of Law by Chabe01/CC BY-SA 4.0/Wikimedia Commons PARIS -- The French parliament on Thursday adopted legislation that characterizes sex with a child under the age of 15 as rape and punishable by up to 20 years in jail, bringing its penal code closer in line with many other Western nations. While the age of consent was ...

https://commons.wikimedia.org/wiki/ WASHINGTON -- US President Joseph R. Biden, Jr., and Japanese Prime Minister Yoshihide Suga will present a united front on Taiwan, China's most sensitive territorial issue, in a summit meeting on Friday, according to a senior US administration official. Messrs. Biden and Suga are expected to agree on a joint statement on the Chinese-claimed but democratically ruled island at ...

Last April 6, 2021, on a Tuesday afternoon, a fire broke out in Salcedo Village, Makati at the Vernida IV building. The fire had spread to the upper floors of the commercial building before it was put out by the city's Bureau of Fire Protection (BFP). The high-rise located at L.P. Leviste street of Makati was declared fire out by ...