Transport & Logistics
ICTSI to invest $800M in new container terminal in Batangas
Global port operator International Container Terminal Services, Inc. (ICTSI) has announced an $800 million plan to develop the Luzon International Container Terminal (LICT) in Bauan, Batangas—set to become the country's second-largest container terminal after Manila International Container Terminal (MICT).
Globe advances tower deal with MIDC, PhilTower
Globe Telecom Inc., a leading digital platform in the Philippines, has further advanced its tower sale and leaseback initiatives with two major partners—MIESCOR Infrastructure Development Corp. and Phil-Tower Consortium Inc. (PhilTower).
EDSA rehab likely after 2026 ASEAN Summit
The Department of Public Works and Highways (DPWH) is eyeing 2027 as the likely start date for the major rehabilitation of EDSA, as the Philippines prepares to host the ASEAN Summit in 2026, DPWH Secretary Manuel Bonoan said.
Clark accelerates development drive backing PBBM’s vision
The Clark International Airport Corporation (CIAC) announced progress on major infrastructure and development initiatives aligned with President Ferdinand Marcos Jr.’s 2025 State of the Nation Address (SONA), supporting key national priorities in agriculture, health, education, and sports development. The President is also known by his initials PBBM.
GMA Network triples 1H net income to P2B
GMA Network Inc., the Philippines’ leading broadcast company, posted a strong financial performance in the first half of 2025, with net income surging more than threefold year-on-year to P2.0 billion.
