Company Overview and News

 
Review finds 59 firms to be Shariah-compliant

2018-10-08 bworldonline
THE Philippine Stock Exchange (PSE) found 59 listed firms to be compliant with Islamic finance principles as of Sept. 25.
NIKAY PX NIKL AYAAY PXMFF PSE PXMFY ALI AYAAF

 
House sends proposed mining tax reform back to DoF

2018-09-20 bworldonline
A PROPOSAL to give government a bigger share in mining revenues goes back to square one, as House Speaker Gloria M. Arroyo on Thursday asked the Department of Finance (DoF) to submit a new draft that would consider inputs from miners.
NIKAY NIKL

 
Villar breaks into Sy-led 10 richest Filipinos list

2018-09-06 bworldonline
HENRY SY, Sr. remains the country’s wealthiest man for the 11th straight year in Forbes Asia’s “Philippines’ 50 Richest” list, which reflected the economy’s overall volatility as many registered shifts in wealth from 2017.
ICT JGSMY GTCAP GTCXY SVTMF NIKL SMCP1 JGS SM ICTEF SECB SMGBF SMIVY SMC ALGGY SBS AGI JGSHF GMA7 SMGBY NIKAY SMC2B SMC2A SMC2D TECH SMC2C SMC2F SYBJF SMC2E ALGGF GNWKY LTG

 
Nickel Asia unit Taganito wins P2.9-M VAT refund

2018-08-26 bworldonline
A UNIT of Nickel Asia Corp. has won a Value Added Tax (VAT) refund from the Bureau of Internal Revenue (BIR) worth about P2.9 million on more than P3 billion worth of zero-rated sales.
NIKAY NIKL

 
NAC net income rises 1.94% amid challenges

2018-08-09 business.inquirer.net
Despite a weaker local currency and competition from rising ore exports from Indonesia, listed Nickel Asia Corp. (NAC) saw its net income rose by 1.94 percent to P1.57 billion from P1.54 billion last year.
NIKAY PSKXF NIKL PHSXY PSE

 
Nickel Asia’s net income inches up in first half

2018-08-07 bworldonline
Nickel Asia Corp. (NAC) reported a 2.18% increase in attributable net income for the first half of 2018 to P1.57 billion, due to rising rising nickel demand to supply the electric vehicle batteries.
NIKAY NIKL

 
In Gina Lopez aftermath, mining firms still shedding ‘evil’ image

2018-07-20 business.inquirer.net
In his last State of the Nation Address (Sona), President Duterte said he wanted to stop exporting mineral resources and close the mining sector for good unless firms rehabilitate areas where they operate.
MRCVF NIKAY NIKL MARC

19
Contractualization issue worries market

2018-05-29 business.inquirer.net
The local stock barometer yesterday sagged for the third trading session as foreign funds continued to flow out of the local bourse while labor woes further dampened sentiment.
SVTMF PSKXF NIKL NOW AYAAY JBFCY SM NIKAY SMIVY JBFCF JFC PHSXY PSE DNOW ALI AYAAF

3
DoLE flags 20 firms in labor-only contracting

2018-05-28 bworldonline - 1
THE DEPARTMENT of Labor and Employment (DoLE), in a press briefing on Monday, disclosed a list of “companies engaged and suspected to be engaged in labor-only contracting,” as the list distributed to the media was titled.
NIKAY NIKL

2
Nickel Asia Q1 net up 53%

2018-05-04 business.inquirer.net
Nickel Asia Corp. (NAC) has reported a 53-percent increase in its net income in the first quarter to P576 million from P377.5 million a year ago.
NIKAY NIKL

31
Nickel Fundamentals Come Back To The Fore

2018-04-30 agmetalminer
As my colleague Fouad Egbaria wrote last week, the U.S. administration's relaxation of the timescale for implementation of sanctions against Rusal has had the effect of taking the panic out of the market. As a result, prices have fallen for several days, not just for aluminum but for other metals that the market feared could face the same threat - most notably nickel, in which Russian oligarch Oleg Deripaska has an interest.
NIKAY VALE BLT NIKL BHP BHPBF BBL BHP BHPLF

5
Global Ferronickel CEO says planned mining curbs may hit output this year

2018-04-25 bworldonline - 3
MANILA — The Philippines’ second-biggest nickel miner, Global Ferronickel Holdings, Inc., said planned government curbs on mining may hit its long-term output and would force it to make adjustments to meet its 2018 shipment goals.
NIKAY NIKL SUAFF FNI

2
Nickel Asia keeps sales guidance despite gov’t curbs

2018-04-24 bworldonline
MANILA — The Philippines’ top nickel ore producer, Nickel Asia Corp., said its export plans in 2018 remain unchanged despite government plans to limit mining areas.
NIKAY NIKL SUAFF FNI

2
METALS-Aluminium extends price fall on U.S. sanctions reprieve

2018-04-24 reuters
LONDON, April 24 (Reuters) - Aluminium hit its lowest in nearly two weeks on Tuesday, extending declines from the previous day after Washington gave U.S. companies more time to comply with sanctions on Russian producer Rusal and hinted at further sanctions relief.
NIKAY NIKL

2
Nickel Asia says proposed DENR mining limit will not affect production volume

2018-04-24 bworldonline
Listed firm Nickel Asia Corp. (NAC) said that the government’s proposal to prescribe a limit to mining areas will not affect its production.
NIKAY NIKL

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