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    Tag: ICTSI

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

    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

    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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    Airfare Caps Target Symptoms, Not Aviation Ills

    As the government weighs tighter controls on rising domestic airfares, economists and industry stakeholders warn in an interview with Context.ph that headline-grabbing fixes such as price caps and fare transparency risk treating symptoms rather than the deeper structural issues keeping tickets expensive.

    DA tightens watch on farm-to-market roads to boost rural economy

    The Department of Agriculture (DA) is stepping up oversight of farm-to-market road (FMR) projects to make sure public funds lead to real, long-lasting benefits for farmers and fisherfolk—lower costs, better incomes, and stronger rural development.

    Banks keep loan rules steady, signaling cautious but improving credit outlook

    Most banks plan to keep their lending rules unchanged in the first quarter of 2026, according to the Bangko Sentral ng Pilipinas’ latest Senior Bank Loan Officers’ Survey. This suggests banks remain cautious, but not significantly more restrictive, as the economy moves into 2026.

    MPower, Robinsons donate school supplies to Laguna public school

    MPower, the retail electricity supplier of Manila Electric Company (Meralco), partnered with Robinsons Land Corporation (RLC) to donate learning tools and school supplies to San Pedro Central Elementary School in Laguna.

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