Real estate magnate Manuel B. Villar Jr. ranks as the only Filipino in the top 100 of Bloomberg’s Billionaire’s Index, a list of the world’s 500 richest based on their total net worth. Villar placed 99th in the list with a net worth of $23.1 billion, $617 million or 2.7 percent more than a...
Global port operator International Container Terminal Services Inc. (ICTSI) continues its growth momentum in the first half of the year, with its net income growing by 15 percent to $483.84 million despite global trade uncertainties. In a disclosure to the Philippine Stock Exchange, ICTSI said its...
Razon-led International Container Terminal Services Inc. (ICTSI) has signed an agreement to be the strategic partner for the development and operation of Batu Ampar Container Terminal (BACT) in Batam, Indonesia. In a disclosure to the Philippine Stock Exchange (PSE), the firm said PT Batam Terminal...
CALAPAN CITY, Oriental Mindoro – Gov. Humerlito A. Dolor has requested the Sangguniang Panlalawigan to authorize him to file a civil action to stop the operator of the Batangas port from collecting a new passenger terminal fee amounting to P100 per passenger. In a two-page letter dated July 14,...
The Department of Agriculture (DA) will hold on-the-ground consultations with farmers and lawmakers to prepare for the deliberations on the proposed RICE Act, which aims to reinstate the regulatory powers of the National Food Authority (NFA). Agriculture Secretary Francisco Tiu Laurel said he has...
CEBU CITY – Passengers will no longer have to shell out extra budget when using toilets in major terminals in Cebu province. Gov. Pamela Baricuatro has issued an executive order stopping the collection of fees from passengers using toilets of the Capitol-run Cebu South Bus Terminal and Cebu North...
New NAIA Infra Corp. (NNIC) is set to reorganize the terminal assignments of foreign and domestic carriers following the completion of the Ninoy Aquino International Airport (NAIA) Terminal 5 to improve efficiency. Manila International Airport Authority (MIAA) General Manager Eric Ines said the...
The Sy family’s flagship SM Investments Corporation and its banking arm, BDO Unibank, led the seven Philippine companies that made it to Forbes Magazine’s 23rd Global 2000, which ranks the largest public companies in the world. SMIC was ranked at No. 811 among the world’s top public...
President Marcos has inspected the Ninoy Aquino International Airport (NAIA) Terminal 3, citing that there have been improvements at the airport. Leading an inspection at the NAIA-Terminal 3 on Tuesday, June 3, Marcos said he was able to see for himself that there has several improvements at the...
The departure drop-off zone at Ninoy Aquino International Airport (NAIA) Terminal 1 has changed to a parallel layout from its previous diagonal configuration, the New NAIA Infra Corp. (NNIC) announced on Friday, May 9. In a Facebook post, the operator of the NAIA, said the change to diagonal...
President Marcos has ordered an investigation on the defective bollards at the Ninoy Aquino International Airport (NAIA) after the fatal vehicle crash over the weekend. Palace Press Officer and Communications Undersecretary Claire Castro said Marcos has directed Transportation Secretary Vince...
Port operator International Container Terminal Services Inc. (ICTSI) saw record-high earnings of $239.54 million in the first quarter of the year, driven by strong growth in its international portfolio, which remains relatively unaffected by recent trade upheavals caused by tariffs imposed by the...
