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...
SMC Tollways Corp., the infrastructure arm of San Miguel Corp., reduced its interest-bearing debt through the end of 2024 as rising vehicle traffic across its network of expressways boosted cash flow and fortified its balance sheet. The company’s interest-bearing debt fell 6.1 percent to ₱52.3...
Philippine Bank of Communications (PBCom), the lender controlled by retail tycoon Lucio Co, is pivoting toward aggressive expansion of its low-cost deposit base to sustain momentum following its upgrade to a universal banking license. PBCom, which recently celebrated its 85th anniversary, is...
Niche residential developer Haus Talk Inc. plans to raise as much as ₱2 billion through its debut bond offering to finance land acquisitions and accelerate the construction of housing projects. In a disclosure to the Philippine Stock Exchange, Haus Talk said the company will offer ₱1 billion in...
Leading media company GMA Network Inc. is overhauling its global broadcast infrastructure by transitioning from traditional satellite delivery to cloud-based IP distribution. In a statement, the network announced its partnership with Synamedia, a global video technology firm, and its local partner,...
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...
Water consumers must prepare to pay higher monthly water bills starting January next year, as both East and West zone concessionaires implement an approved round of tariff adjustments. The Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS-RO) said residents should brace for a...
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...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is offering septic tank cleaning services to its residential and semi-business customers this December in select parts of Caloocan, Las Piñas, Malabon, Manila, Muntinlupa, Parañaque, Pasay, Quezon City, Valenzuela, and Cavite...
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 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...
International Container Terminal Services Inc. (ICTSI) subsidiary Batu Ampar Container Terminal (BACT) and Interport Mandiri Utama (Interport), in cooperation with Batam Terminal Petikemas (BTP), will officially assume the single port operator role for the North Pier of Batu Ampar Port in...
