Should Philippines follow Indonesia in exporting processed nickel instead of ores?

Every generation needs a revolution - an entrepreneurial revolution

Philippines is second of the top exporters of nickel ore  It has resulted in boom to Palawan and other sites of nickel mining.  Its main application is stainless steel and batteries.  EV has pushed up demand for nickel

PHL exports raw nickel (laterite - wet) and imports the processed ore to become stainless steel battery and the like.   

Of late, Indonesia, one of the leading exporters of nickel, and which has banned export of raw nickel ore has been exporting processed nickel, resulting in more value added to Indonesia.  It has partnered with Chinese businessmen for this venture.

Of late though, PHL has seen surge of exports of nickel to Indonesia - up to 500,000 metric tons (thats a lot)

Should we not go by way of Indonesian route - export processed nickel and gain more value added?

President BBM has expressed his direction towards more exports of processed nickel

PBBM directs more processed nickel for exports

PHL exports of nickel to Indonesia rises

Questions:

1.  Isnt time for Philippines leave the extractive mineral stage of resource development?  Isnt it time to

     level up economy for more processed value adding activities?

2. Isnt it more favorable for Philippine nickel industry to impose higher tariff or ban exports?   Is nickel      classified and strategic mineral?    In the face of EV alternative for greening program, it is.    Are we 

    content with our present stastus, or should we wisen up?

Burget King to close 400 stores

Every generation needs a revolution - an entrepreneurial revolution

Burger King was learned to be closing up to 400 stores in the US.  BK USA will focus on financial performance of the stores, and will close those that are bankcrupt.

BK in the Philippines.   

Jollibee Food Corporation has acquired a majority stake in BK Titan which owns the franchise of BK in the Philippines.  It has upped its number of stores from 99 in 2021 to 125.  No news is available regarding its BK stores in the Philippines

BK to close 400 stores

Why did Sofitel close?

Every generation needs a revolution - an entrepreneurial revolution

That it would be closing by July 2024 came in as a big surprise.  Sofitel is one of the best hotels and its location in Manila is prime:   near BSP, Cultural Center, Navy Club, and near Manila Bay.   Sofitel prided itself as one of the best in hotel management, offering plaisir  (pleasure) in what is basically a bed and breakfast business.

It offers one of the best buffet in Metro Manila   and one of the most expensive too.  P3,000++ at Sprial

That it closed could be not be attributed to mismanagement or lack of visitors, occupancy or market conditions

It might have something to do do with its lease to GSIS

Sofitel closure