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.
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.
The Department of Agriculture (DA) has lifted the temporary ban on the importation of pork and other swine products from Poland, citing the country’s policy on African swine fever (ASF) regionalization.
Cash remittances from overseas Filipinos rose to US$2.9 billion in November 2025, highlighting the continued importance of migrant workers’ income in supporting the Philippine economy.
The Philippines must aim higher—much higher—if it wants growth that is truly inclusive, according to the Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII).
The P9 billion-odd market for takaful, or Islamic insurance, remains small in the Philippines but is slowly gaining ground as insurers step up efforts to widen awareness and use, particularly in Mindanao.