Razon-led global port giant International Container Terminal Services Inc. (ICTSI) sustained its growth momentum in the first half despite the backdrop of the Middle East conflict, with net income rising 22 percent to nearly $590 million. Based on its regulatory disclosure on Monday, Aug. 3,...
Port operator International Container Terminal Services Inc. (ICTSI) has secured a 25-year extension of its concession to operate the country’s largest and most advanced international container terminal. In a disclosure on Thursday, July 30, ICTSI said it signed a renewal agreement with the...
The Parañaque Integrated Terminal Exchange (PITX) is on its way to accommodating up to 300 million passengers as early as this year, after welcoming more than 32 million travelers during the first six months. PITX said its passenger volume reached 32.45 million for January to June on the back of...
Local equities managed to carve out modest gains on Monday, July 20, holding above a key technical floor as strength in heavyweights like International Container Terminal Services Inc. (ICTSI) offset growing anxiety over rising global oil prices sparked by conflict in the Middle East. The...
International Container Terminal Services Inc. (ICTSI) has become the first company listed on the Philippine Stock Exchange (PSE) to surpass a market capitalization (MCAP) of ₱2 trillion, underscoring sustained investor confidence in the port operator’s global expansion. In a statement on...
Local equities rose for a sixth consecutive day as heavy buying in port operator International Container Terminal Services Inc. (ICTSI) countered afternoon profit-taking triggered by escalating tensions in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 28.66 points, or 0.46...
Razon-led International Container Terminal Services Inc. (ICTSI) is on track to become the first ₱2 trillion company listed on the Philippine Stock Exchange (PSE), rendering any speculative move to delist and seek an overseas debut unnecessary, according to the bourse’s top official. PSE...
Razon-led global port operator International Container Terminal Services Inc. (ICTSI) has secured a 26-year extension to operate one of the most technologically advanced terminals in the world, enabling it to meet growing logistics demand in Australia. In a disclosure to the Philippine Stock...
Companies controlled by billionaire Enrique K. Razon Jr. have deployed emergency relief operations in Mindanao following the devastating magnitude 7.8 earthquake. Manila Water Co., International Container Terminal Services Inc. (ICTSI), and power distributor Primelectric Holdings Inc. spearheaded...
Razon-led International Container Terminal Services Inc. (ICTSI) has secured a $300-million loan from the Beijing-based Asian Infrastructure Investment Bank (AIIB) to support the expansion and upgrade of three container terminals across the Philippines. In a statement on Wednesday, May 20, ICTSI...
Global port operator International Container Terminal Services Inc. (ICTSI) reported a 23 percent increase in profits for the first quarter, as its expansive portfolio of terminals remained resilient despite geopolitical conflicts and their impact on global trade. In a disclosure to the Philippine...
New NAIA Infra Corp. (NNIC) reported that seven people were injured Friday morning, April 3, after a ceiling panel collapsed at the Ninoy Aquino International Airport Terminal 1 (NAIA 1). In a statement, NNIC said the incident occurred at approximately 10:43 a.m. in the West Arrival Curb C area,...
