Transport & Logistics
ICTSI to fully acquire African port operator TLG in key expansion move
International Container Terminal Services Inc. (ICTSI) announced Friday it will acquire 100 percent ownership of TLG Acquisition Holdings (RF) Proprietary Limited (TLG), a leading integrated port and cargo-handling services provider operating across Mozambique, Namibia, and South Africa.
Fuel surcharges rise Sept. 1–15, lifting airfares and cargo costs across domestic and international routes
Air passengers and cargo shippers will pay higher fuel surcharges starting September 1, pushing up total travel and shipping costs after the Civil Aeronautics Board (CAB) approved an increase to offset rising jet fuel prices.
PPA six month revenue hits P16.34B, beats target and tops 2025 figure
The Philippine Ports Authority (PPA) posted P16.34 billion in revenues for the first half of 2026, surpassing its target by 7.61 percent and rising 11.31 percent from the P14.68 billion earned in the same period last year.
DTI targets CARS arrears settlement before EVIS rollout
The Department of Trade and Industry (DTI) is targeting the settlement of outstanding incentives under the Comprehensive Automotive Resurgence Strategy (CARS) program within the year before fully rolling out a new generation of automotive incentives, including the Electric Vehicle Incentive Strategy (EVIS).
CHERRY strengthens IP protection as electronics business expands
CHERRY is tightening the protection of its intellectual property as the homegrown electronics brand expands beyond mobile phones into smart home devices and other consumer technologies sold increasingly through e-commerce.
