International Container Terminal Services Inc. reported a 51 percent hike in unaudited consolidated attributable net income to US$90.1 million in the first quarter of 2021 from the US$59.6 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
Billionaire Enrique K. Razon Jr. is not letting his guard down and intends to manage the resources of his port and gaming businesses judiciously, wary of a prolonged pandemic that may last until the end of the year. During the annual stockholders’ meeting of Bloomberry Resorts Corporation, Razon...
The fate of the stock market this week is seen to hinge on whether or not the growth of new COVID-19 cases in the country is arrested and if the imposition of strict quarantine measures will be extended further. (Photo credit: https://www.pse.com.ph) “Investors are expected to take cues from our...
Urban gardening has many benefits to those who engage in it. Such benefits include lowering stress levels, increasing productivity, purifying air, creating a sustainable source of fresh, healthy produce, and more. Urban gardening also has different approaches to suit the gardener’s needs. Types...
The COVID19 pandemic resulted in lower container volumes, pulling down Asian Terminals Inc. (ATI)’s earnings by 20.4 percent, from P3.71 billion in 2019 to P2.96 billion last year. Container volumes at the Manila South Harbor plunged 20.4 percent while those at the Batangas Container Terminal...
International Container Terminal Services, Inc. (ICTSI) reported a slight uptick in audited consolidated attributable net income to US$101.8 million last year, one percent higher than the US$100.4 million earned in 2019. In a disclosure to the Philippine Stock Exchange, the firm said the growth in...
International Container Terminal Services, Inc. (ICTSI)'s Contecon Guayaquil (CGSA) in Ecuador recently handled the first carbon-neutral container shipment in the world. CGSA's logistics process employed environment-friendly supply chain players, from the export to the port and distribution. Carbon...
A millennial gardener from Pasig has decided to grow her food on an L-shaped balcony upon realizing the impracticality of buying food in stores. This gardener is Nicole Obligacion, 30, who has been growing plants for seven years now. Among the seasonal crops that she grows are muskmelons ( Cucumis...
International Container Terminal Services, Inc. (ICTSI) just finished expanding the berth of its flagship, Manila International Container Terminal (MICT), boosting its annual capacity to over 3.3 million twenty-foot equivalent units (TEUs), as it gears up for the country's economic reboot. The...
RCL’s M/V PIRA BHUM during its maiden call at MCT on December 19, 2020. Mindanao Container Terminal (MCT) just launched a Regional Container Line (RCL) South Philippines 6 (RSP6) service linking Visayas and Mindanao to Asia and the Middle East via Singapore in a "product super highway." Launched...
Year-Ender The maritime sector handles 90 percent of global trade. No wonder, hell broke loose when most international borders slammed shut in March. Port operators wrestled with congestion although the ports stayed open. “Throughout these lockdowns, all of our ports – without exception...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
