Transport & Logistics
ICTSI pours over $500 million into Argentine port, marking investment treaty milestone
International Container Terminal Services Inc. (ICTSI) has committed more than $500 million to develop its Argentine subsidiary TecPlata, underscoring the Philippine port operator’s long-term dedication to boosting port infrastructure and reinforcing economic links between Argentina and the Philippines.
CIAC pitches four Clark projects to global aviation investors
Clark International Airport Corp. (CIAC) presented four major development projects to international aviation and infrastructure investors in Hong Kong, seeking to attract global capital and strengthen Clark’s position as a logistics and aviation hub for North Luzon.
FedEx brings online duty, tax payments to Philippine import tool
FedEx has added online duty and tax payments to its Philippine import platform, allowing customers to settle customs charges through cards, e-wallets, and bank transfers without logging in.
DPWH removes 4 officials over corruption, reinforces anti-graft policy
The Department of Public Works and Highways (DPWH) has relieved four district engineers and senior officials from their posts amid separate corruption allegations, in line with President Ferdinand Marcos Jr.’s directive to weed out corrupt personnel across government.
ALLHC’s P62M Q3 profit limits nine-month earnings decline
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.
