International Container Terminal Services, Inc. (ICTSI) has locked in another 26 years of operations at Australia's busiest container gateway, extending its Melbourne terminal concession to 2066 and reinforcing the long-term earnings visibility of one of its flagship overseas assets.
The Philippine Chamber of Commerce and Industry (PCCI) has sounded the alarm over worsening cargo congestion at Ninoy Aquino International Airport (NAIA), warning that prolonged delays could undermine the competitiveness of the country’s largest export industry.
Vehicle sales recovered strongly in May after slumping to near-pandemic levels in April, with growing demand for electrified vehicles helping lift the market despite ongoing economic and geopolitical headwinds.
Early coordination between the Bureau of Customs (BOC) and International Container Terminal Services, Inc. (ICTSI) is expected to significantly improve trade efficiency as the South Luzon Container Terminal (SLCT) moves closer to completion, signaling a more integrated approach to port development and customs operations in the Philippines.
Toyota Motor Philippines (TMP) has introduced the electrified Land Cruiser, marking a major step in the evolution of one of the country’s most iconic...