Global Ferronickel Holdings, Inc. (PSE: FNI), one of the country’s top nickel ore producers, earned a major regional honor after its legal team was named In-House Team of the Year (Construction and Real Estate) at the 2025 Asian Legal Business (ALB) Southeast Asia Law Awards held in Singapore.
Platinum Group Metals Corp. said it has dispatched its first nickel ore shipment for 2025, kicking off a promising operational year for the mining arm in Surigao del Norte of diversified and listed conglomerate Global Ferronickel Holdings, Inc.
ACEN Corp., the energy arm of the Ayala Group, has signed a subscription agreement worth P1.15 billion with fully owned subsidiary Giga Ace 8 Inc. The investment covers common and preferred shares issued from Giga Ace 8’s unissued capital stock.
Energy and agriculture leaders warn of significant risks to fuel supply, prices, and food security after Iran announced it is closing the Strait of Hormuz, and threatening to fire on any vessel attempting to transit. This development follows reported attacks by the United States against Iran, according to a Reuters report.
The Civil Aeronautics Board (CAB) has approved a reduction in fuel surcharges following a sustained drop in global jet fuel costs, a change that will take effect from June 16 to 30 and expected to bring down the shipping rate for passengers and cargo.