ICTSI takes helm at Durban terminal
International Container Terminal Services Inc. (ICTSI), the global ports operator led by billionaire Enrique Razon Jr., has initiated formal management integration at Durban Container Terminal Pier 2 (DCT2), a major step in one of South Africa’s most significant port partnerships.
Vivant locks 15-year Siquijor power deal
Vivant Energy, the power arm of Cebu-based conglomerate Vivant Corp., has secured a 15-year Power Supply Agreement to deliver a dependable new electricity source for Siquijor as the island’s energy demand accelerates.
Clark manufacturers compete to hire laid-off garments workers
Following the closure of Charter Link Clark, Inc., nearly 500 garment workers in the Clark Freeport Zone are finding new opportunities as rival manufacturers step in to fill the gap.
Venezuela Strike Sparks Oil Jitters, Philippine Markets
Global markets are bracing for turbulence after the US weekend strike in Venezuela, which resulted in the capture of President Nicolas Maduro and signals a temporary US administration of the country. Analysts warn the move could ripple across energy markets, with implications for the Philippine economy.
Farmers’ Almanac meets print’s harsh math
The Farmers’ Almanac did not so much die as it was politely forced into early retirement. After 208 years of forecasting frost and fortune, this venerable annual faced the same forces now battering legacy media everywhere: rising costs, collapsing print economics, and a digital world that rewards clicks over contemplation.
