Corporate

Global Ferronickel Holdings Inc. (FNI) has reported a significant 59.5 percent drop in net income for 2024, reaching P733.78 million, down from P1.8 billion in 2023.

EEI Corp., a leading construction firm with a 93-year legacy, has announced a management buyout led by its president and chief executive officer, Henry D. Antonio. 

SteelAsia’s plant in Calaca, Batangas has been certified as one of the greenest in the world in an independent report by DNV (Det Norske Veritas), a leading global assessment and certifying organization.

VITRO Inc., the data center arm of PLDT Inc. in the Philippines, has entered into a strategic partnership with global telecommunications leader Nokia to develop AI-ready data center solutions aimed at bolstering network security, scalability, and operational efficiency.

Prime Infrastructure Capital Inc. (Prime Infra), led by the Razon Group, has entered into an agreement with UK-based construction firm Mace to establish a project management office (PMO) for two major pumped storage hydroelectric power projects.