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Thursday, 08 January 2026, 2:40 am

    Tag: ICTSI

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    ICTSI reports surge in 2024 net income on strong operations, one-off gains

    Corporate Context.ph Context.ph -
    International Container Terminal Services, Inc. (ICTSI), the Razon-led global port operator, reported a robust 66 percent increase in net income for 2024, reaching USD849.80 million, compared to USD511.53 million in 2023.

    ICTSI ends Indonesia port subsidiary operations

    Corporate Context.ph Context.ph -
    International Container Terminal Services Inc., the world’s largest independent port operator, said Tuesday it mutually agreed with PT Pelabuhan Indonesia IV, or Pelindo IV, not to extend a 2006 contract for the operation of a port in South Suluwesi.

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    Auto parts makers sound alarm bells after budget veto

    Transport & Communications 0
    Philippine auto parts manufacturers are warning that the veto of funding for the Comprehensive Automotive Resurgence Strategy (CARS) could accelerate the decline of the country’s already fragile automotive manufacturing sector.

    SRA requires local purchase before allowing molasses imports

    Agriculture 0
    The Sugar Regulatory Administration (SRA) has issued an order requiring buyers to first purchase locally produced molasses before they are allowed to import supplies.

    Lender’s earned wage access program hits P1.8 billion 

    Banking & Insurance 0
    Ayala-led Bank of the Philippine Islands (BPI has released P1.81 billion under its Salary On-Demand and Sweldo On the Spot services as of end-2025.

    Power spot prices rise 10.1% in December

    Energy 0
    Electricity prices at the Wholesale Electricity Spot Market (WESM) rose by 10.1 percent in December, driven mainly by higher power demand in the Visayas and Mindanao, data from the Independent Electricity Market Operator of the Philippines (IEMOP) showed.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Economy

    Foreign reserves reach US$110.9 billion in December 2025

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    The country’s gross international reserves (GIR) stood at US$110.9 billion at the end of December 2025, based on preliminary data.
    Transport & Communications

    Auto parts makers sound alarm bells after budget veto

    0
    Philippine auto parts manufacturers are warning that the veto of funding for the Comprehensive Automotive Resurgence Strategy (CARS) could accelerate the decline of the country’s already fragile automotive manufacturing sector.
    Agriculture

    SRA requires local purchase before allowing molasses imports

    0
    The Sugar Regulatory Administration (SRA) has issued an order requiring buyers to first purchase locally produced molasses before they are allowed to import supplies.
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