VICT enhances sustainability with hybrid container carriers
The Victoria International Container Terminal (VICT) at the Port of Melbourne onThursday announced the acquisition of four hybrid automatic container carriers (ACCs) from Kalmar, marking a significant step in its ongoing expansion and sustainability efforts. Operated by International Container Terminal Services, Inc. (ICTSI), VICT’s investment in these advanced carriers underscores its commitment to improving capacity while reducing environmental impact.
Pacific Online marks expansion into gaming with P150M investment in HHR
Pacific Online Systems Corp., a listed developer and manager of online computer systems, terminals, and software for the Philippine lottery industry, has entered into an investment agreement with software provider HHR Philippines Inc. (HHRPI) to acquire a 37.5 percent stake in the company.
Philippine economy expands 5.6% in 2024, misses target
The Philippine economy showed resilience in 2024, posting a 5.6 percent year-on-year growth in gross domestic product (GDP), despite challenges such as the contraction in agriculture due to El Niño and a series of storms. However, this growth fell short of the government’s target of between 6.0 percent and 6.5 percent.
BDO allocates P52.7B to sustainable projects in ASEAN bond report
iBDO Unibank Inc. (BDO) has released its second ASEAN Sustainability Bond (ASB) mpact report, detailing the full allocation of its inaugural P52.7 billion bond raised in January 2022.
DA chief approves import of 1,520 goats, 4,310 sheep
Agriculture Secretary Francisco P. Tiu Laurel Jr. has approved the importation of 1,520 breeder goats and 4,310 sheep to restock and upgrade local herds, primarily in Mindanao.
