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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GSIS adopts 4-day on-site workweek to save energy

Banking & Insurance 0
The Government Service Insurance System (GSIS) will start a four-day on-site workweek on Monday, March 9, 2026 as part of the government’s efforts to conserve energy.

Japan envoy highlights maritime security cooperation at Makati Symposium

Context Dispatch 0
Japan Ambassador to the Philippines, Endo Kazuya, on Friday attended a symposium on maritime security titled “Safeguarding the Maritime Domain for the Free and Open Indo-Pacific.” The event was co-hosted by the Japan Institute of International Affairs and the Stratbase Institute for Strategic and International Studies in Makati City.

GCash waives fees for Filipinos in Middle East

Communications & Technology 0
GCash will temporarily waive transaction fees for users in the United Arab Emirates, Qatar, Bahrain, Kuwait, Saudi Arabia, and Oman to help overseas Filipinos manage finances amid ongoing developments in the region.

GSIS, JICA push improved valuation of government assets

Banking & Insurance 0
The Government Service Insurance System (GSIS) and the Japan International Cooperation Agency (JICA) are advancing a project to improve how government assets are valued and insured, following their second Joint Coordinating Committee meeting on March 5.

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