ICTSI plans $800 million, 2M TEU capacity container terminal in Bauan
International Container Terminal Services Inc., the global port operator of tycoon Enrique Razon Jr., said Monday it will build a new international container terminal in Bauan, Batangas, a project that will be the largest privately-funded marine terminal in the country.
Converge in deal with SK NAVER Cloud to explore Philippine cloud market
Converge ICT Solutions Inc., a pure fiber broadband company, said Monday it has signed a deal with South Korea's NAVER Cloud Corp. to jointly explore opportunities in the expanding cloud market in the Philippines.
January-April tourist arrivals rise 14% to 2.12 million, led by South Korean visitors
Tourist arrivals in the Philippines rose nearly 14 percent in the first four months of the year to 2.12 million, with foreign visitors led by tourists from South Korea.
CLI income rises 15% over three months
Cebu Landmasters Inc., a regional property developer, said its first-quarter income rose 15 percent in the first three months this year to P978 million from year ago of P847 million on the back of strong sales of its products.
Andrew Tan’s Mreit to acquire P13.15 billion worth of properties from Megaworld
Mreit Inc., the real estate investment trust of Megaworld Corp., said it will acquire six office properties valued at P13.15 billion from its sponsor firm.
