The Philippines will aim to deliver a strong performance in Indusfood 2026, presenting four capable enterprises with healthy, premium-quality products to the Indian market. With support from the Department of Trade and Industry-Center for International Trade Expositions and Missions (DTI-CITEM),...
Enrique K. Razon-led International Container Terminal Services Inc. (ICTSI) reported that the formal management transition of Durban Container Terminal Pier Two (DCT2) at Port of Durban commenced on Jan. 1, 2026. In a disclosure to the Philippine Stock Exchange (PSE), ICTSI said it had signed an...
The Philippines faces an escalating economic threat from climate change that could wipe out as much as two percent of its annual output if the government fails to implement aggressive adaptation strategies, according to the International Monetary Fund (IMF). In a staff report released following its...
The Washington-based multilateral lender International Monetary Fund (IMF) sees the narrowing of Philippine debt relative to the size of the economy being delayed until it reaches 60 percent, with the proposed revenue-generating general tax amnesty (GTA) among the measures seen as offering limited...
Air France will suspend its direct flights between Paris and Manila for the summer 2026 season, shifting the route to seasonal operation just a year after its high-profile return to the Philippine market. The SkyTeam alliance carrier plans to halt its three-times-weekly flights between...
Enrique M. Aboitiz, chairman of Aboitiz Equity Ventures Inc., was appointed as an independent director to the board of International Container Terminal Services Inc., the port operator led by billionaire Enrique Razon. Aboitiz will join the board on Jan. 1, 2026, to serve the unexpired term of...
After a successful coastal cleanup in Calatagan earlier this year, Brother International Philippines Corporation once again reaffirmed its commitment to sustainability by participating in a Mangrove Tree Planting activity led by its affiliate company, Brother Industries (Philippines), Inc. Held on...
Razon-led International Container Terminal Services Inc. (ICTSI) is investing about ₱10.34 billion to expand and modernize the operations of the ICTSI Rio Brasil Terminal at the Port of Rio de Janeiro. Minister of Ports and Airports Silvio Costa Filho announced the new private investment, which...
Enrique K. Razon-led International Container Terminal Services Inc. (ICTSI), the world’s largest independent terminal operator, has signed a 25-year partnership agreement with Transnet SOC Ltd. for the strategic Durban Container Terminal (DCT) Pier 2 in South Africa. “The landmark agreement...
The Philippines has drawn South Korea’s interest to expand collaboration on employment services and workforce development following Seoul’s recognition of the Department of Labor and Employment’s (DOLE) modernization efforts. The DOLE said the talks reflect growing international confidence...
Foreign airlines are expanding operations in the Philippines as VietJet Air launched its direct Ho Chi Minh City–Manila route, a move that DOT Secretary Christina Garcia-Frasco said signals renewed confidence among carriers in the country’s tourism market. Frasco said the new service...
The Brazilian business unit of Razon-led International Container Terminal Services Inc. (ICTSI), CLIA Pouso Alegre, has completed the expansion of its logistics and industrial center. ICTSI said the expansion strengthens the connection between Port of Rio de Janeiro and Southern Minas Gerais, a...
