Here's a sliver of the "old normal" at the Ninoy Aquino International Airport (NAIA). After more than a year of closure, the Duty Free store at NAIA Terminal 1--that familiar nook of chocolates, perfumes, and other pasalubong items--has reopened. (Ariel Fernandez / MANILA BULLETIN) "We encourage...
International Container Terminal Services Inc. and Alliance Global Group Inc. denied that there is any dispute between the two groups over the planned construction of a mega vaccination center on land owned by Nayong Pilipino at the Entertainment City. Allegations against the project...
The Department of Tourism (DOT) guaranteed that the mega vaccination center that would be built on a portion of the Nayong Pilipino Foundation (NPF) property in Parañaque City would be for a "public purpose". In a statement on Monday, May 10, the DOT stressed that the proposed mega vaccination...
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...
Manila South Harbor's Eva Macapagal Super Terminal Quarantine Facility, which was converted to an isolation facility amid the surge of coronavirus disease (COVID-19) cases in the country, was formally opened on Monday, 26 April 2021. PPA General Manager Jay Daniel Santiago (File photo/ Photo...
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...
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...
The Department of Agriculture (DA) has endorsed Subic Bay International Terminal Corp. (SBITC) as a discharge port for containers of imported livestock and raw materials due to its world-class quality of service and strategic location. The terminal "ensures unimpeded trade for the livestock...
International Container Terminal Services (ICTSI)'s subsidiary, Basra Gateway Terminal (BGT), last month set a new productivity record of 105 moves per hour – the highest ship-to-shore crane productivity in Iraq. The new record, achieved this January, during the handling of the 5,652-Twenty-foot...
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...
