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...
Global port operator International Container Terminal Services Inc. (ICTSI) has acquired a 47 percent interest in a marine property in Rio de Janeiro, Brazil, to boost its terminal operations in the South American country. In a disclosure on Monday, April 21, the Razon-led ICSTI announced...
The brown taipan, Manuel B. Villar Jr., who recently disclosed that one of his real estate companies earned ₱1 trillion, is back as the Philippines’ richest man, after being briefly replaced by port and gaming magnate Enrique K. Razon Jr., as ranked by Forbes Magazine. There are 15 Filipinos in...
San Miguel Corporation (SMC) Chairman and CEO Ramon S. Ang (left), and International Container Terminal Services, Inc. (ICTSI) Chairman Enrique K. Razon Jr. (right) Top Philippine business leaders have warned the public about a surge in sophisticated online investment scams that falsely use...
Parañaque Integrated Terminal Exchange (PITX), the intermodal transport hub linking Metro Manila and Southern Luzon, is projected to have 200 million passengers in the second quarter of 2025. Since its opening in 2018, PITX has seen consistent growth in passenger traffic fueled by new...
ICTSI's global operations continue to drive record-breaking growth, with net income surging 66 percent in 2024 Global port operator International Container Terminal Services Inc. (ICTSI) tallied an impressive growth momentum in 2024, growing its net income by 66 percent despite geopolitical...
Mindanao Container Terminal (MCT), a business unit of Razon-led International Container Terminal Services Inc. (ICTSI), has shifted its operations during daylight hours to solar power. The MCT, a key gateway in Northern Mindanao, started sourcing solar power on Feb. 14 under a retail supply...
