Enrique K. Razon-led International Container Terminal Services Inc. (ICTSI) has sold its controlling stake in Yantai International Container Terminal Ltd. (YICTL) to its state-owned partner Yantai Port Holdings Co. Ltd. for about ₱6.7 billion due to lack of full control. YICTL, a joint venture...
Razon-led International Container Terminal Services Inc. (ICTSI) has broken ground on an ₱800 million expansion in Batanga, marking the start of construction for what will become the Philippines’ second-largest container gateway. The facility, branded as the South Luzon Container Terminal, is...
The Philippine Navy (PN) ramped up its maritime diplomacy in the Indo-Pacific region as it deployed Naval Task Group (NTG) 80.6 aboard the BRP Diego Silang (FFG7) to Darwin, Australia to join two major international maritime events. The contingent is participating in the International Fleet Review...
PARIS (AP) — A group representing many of the world 's wealthiest countries agreed Wednesday to release the largest volume of emergency oil reserves in its history, in a bid to counter the effects of the Iran war on energy markets and the halt of cargo shipping through the Strait of Hormuz....
Senator Imee Marcos filed on Tuesday, March 10, a resolution urging the executive department to reveal the "full truth" regarding the arrest of former President Rodrigo Roa Duterte on March 11 last year. The presidential sister filed Senate Resolution No. 340 to disclose the "full truth"...
Manila Mayor Francisco “Isko Moreno” Domagoso could not hide his dismay over the acts of vandalism committed by progressive youth groups during their protests marking International Women 's Day on March 8. Speaking before city government personnel and officials on Monday, March 9,...
The Securities and Exchange Commission (SEC) has revoked the corporate registration of MCM Royalty Legacy International Inc. and fined its leadership for the unauthorized solicitation of investments from the public, according to an order from the regulator. The SEC’s Enforcement and Investor...
On International Women 's Day, President Marcos has recognized Filipino women for their contribution to the country 's progress, saying that the Philippine progress will always carry their influence. Thus, Marcos added, they deserve a government that works hard as Filipino women do. "On...
The Department of Tourism (DOT) is intensifying promotions in South Korea to secure the Philippines’ spot as the preferred destination for Korean travelers. DOT Secretary Christina Garcia Frasco said the campaign combines airline deals, partnerships with 15 major travel agencies, outdoor and...
Razon-led International Container Terminal Services Inc. (ICTSI) is boosting its capital investment by 14 percent this year as it accelerates expansion across its global network from Mexico to the Philippines. In a disclosure to the Philippine Stock Exchange, ICTSI said the company earmarked $740...
Senator Ronald “Bato” dela Rosa has lost “almost all” of his committee memberships in the Senate due to his continued absence. “Yes, almost all,” Senate President Vicente 'Tito ' Sotto III told reporters on Wednesday, Feb. 25, when asked if dela Rosa still holds any...
Traditional closed-off workplaces are becoming outdated as employees look for hybrid and flexible setups that help them focus better. A 2026 Asia Pacific report by Colliers found that 82 percent of Philippine organizations are adopting hybrid models, with 32 percent planning workplace upgrades and...
