Tag: ICTSI

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ICTSI gets 2058 extension for Subic, plans USD130M investment

Transport & Logistics Context.ph Context.ph -
Subic Bay International Terminals Corp. (SBITC) and ICTSI Subic Inc. (ISI), both subsidiaries of International Container Terminal Services Inc. (ICTSI), have secured extensions of their operating concessions from the Subic Bay Metropolitan Authority (SBMA).

ICTSI expands footprint in Brazil

Corporate Context.ph Context.ph -
International Container Terminal Services, Inc. (ICTSI), through its wholly owned subsidiary ICTSI Americas B.V., has acquired a 47 percent stake in FII Inhaúma (Inhauma Fundo de Investmento Imobiliario—FII), securing strategic real estate for its long-term expansion plans in Brazil.

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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PH, Asian Institute of Technology launch 5-year partnership on agricultural innovation

Agriculture 0
The Philippine government and the Asian Institute of Technology (AIT) have launched a five-year partnership aimed at boosting agricultural innovation, training experts, and strengthening food security in the Philippines.

DA, SRA race to secure sugar industry input amid Middle East disruption

Agriculture 0
The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.

Philippines pushes Canada pact before ASEAN

Trade & Investments 0
The Philippines is seeking to fast-track a bilateral free trade agreement with Canada, aiming to clinch a deal even as broader negotiations between Canada and the Association of Southeast Asian Nations move forward. Officials say an early deal could position the country as a strategic bridge linking North American supply chains with Southeast Asia’s expanding trade network.

Batangas port project to finish first phase by 2028

Transport & Logistics 0
International Container Terminal Services Inc. (ICTSI) on Friday said construction of the US$800-million South Luzon Container Terminal (SLCT) in Batangas is underway, with the first phase expected to be completed by 2028.

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